The potential for Carbon Capture and Storage in Denmark
CONCITO’s analyses shows that waste incineration plants, biogas plants and some industrial processes provide reasonable and sustainable sources for carbon capture in Denmark. These sources can contribute with up to 1 Mt CO2 reductions in 2026 and at least 5 Mt in 2030. To reach this potential, a combination of carbon taxes and subsidies for negative emissions is necessary combined with an effective implementation plan.
The Danish subsoil has the potential to store 22 billion tons of CO2. Three storage projects in development, aim to store a total of 33 million tons by 2030. Thus, there will be a great potential for importing CO2 from neighboring countries and helping them get rid of their CO2. This can contribute to a faster transition in e.g. Germany and Sweden, which do not have the same opportunities to store CO2.