Official climate policy targets and potential

  • Targets: 70% reduction by 2030, climate neutrality by 2045, 110 pct. net-negative by 2050
  • CCUS is necessary for reducing emissions in otherwise hard-to-abate sectors, e.g. cement, heavy industry, and waste incineration, while also providing negative emissions from BECCS
  • Capture potential is estimated at 5,4-10,8 mill. tons pr. year in 2030
  • Geological storage potential is many times greater than current DK emissions thus Denmark wants to become an international hub for storing CCS from other countries

National strategy for CCUS

  • Part 1&2: Storage (June 2021) and Capture and Transportation (Dec. 2021)
  • Part 3: PtX strategy (March 2022)
  • Part 4: State participation in CCS storage activities (June 2022)
  • Green tax reform implementing CO2 tax of DKK 750 per tonne in 2030 for companies outside ETS and DKK 375 per tonne in 2030 for ETS companies (June 2022)


  • 2023: The combined CCUS funding scheme is now approximately 5 billion dollars. EUR (2023-prices) with a total reduction estimate of 3,2 mill. ton CO2 yearly from 2030
  • August 2022: Three companies pre-qualified for the first tender round of CCUS funding scheme (Vestforbrændingen (MSW), Ørsted Bioenergy & Thermal Power, and Aalborg Portland).
  • February 2023: The first three full-scale exploration licenses for the investigation of CO2 storage in the Danish North Sea were awarded to INEOS and TotalEnergies.
  • March 2023: World’s first CO2 from full cross-border value chain injected in the depleted oil field in Danish North Sea (Project Greensand pilot phase)

Priorities going forward

Enabling transportation of CO2 across Denmark and across boarders, bilateral agreements, focus on promoting holistic CCS approach in the EU

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