How 8/10 projects in Denmark's CCS latest tender dropped out 🇩🇰 Denmark has started handing out significant subsidies to CCS projects. In its latest tender, 10 projects were pre-selected: the only cement plant🪨🏭 + 9 projects at bioenergy🪵🔥 and waste-to-energy🗑️🔥 plants. In the end, only 2 remained🔌💡 🧵
Post
industrydecarbonization.comDenmark's CCS Strategy: Deliver or PayIn recent years, Denmark pushed CCS technology and ran multiple tenders handing out substantial subsidies. But they came with a catch: either deliver on time or risk hefty penalties. What can be learn...
Noteworthy about Denmark's CCS tender is that companies that don't deliver could face significant fines💵. That scared away most of the power plants🔥🏭 that had submitted bits. Denmark also ran a tender specifically for negative emission technologies, and it was won entirely by Biomethane🌱 projects.
0 reposts0 likes
I'm covering in-depth stories like this about industrial decarbonization in a newsletter. You can subscribe via e-mail here: industrydecarbonization.com/subscribe.html
industrydecarbonization.comSubscribeHere you can subscribe to the Industry Decarbonization Newsletter via E-Mail.