Orsted is exploring CCS for more of its bioenergy plants
Danish subsidy award unlocks major CCS project
Orsted places €200mn order with Aker Carbon Capture and seals large offtake deal with Microsoft as state aid opens way for CCS at bioenergy plants
The Danish government has awarded renewable energy company Orsted long-term state aid for carbon capture projects at two of its biomass-fired combined-heat-and-power plants, paving the way for the development of the country’s first full-scale CCS value chain. Orsted is set to sign a 20-year CCS support contract with the Danish Energy Agency (DEA) for its woodchip-fired Asnaes plant and its straw-fired Avedoere plant at the Kalundborg energy hub on the coast of Zealand, after winning a tender which opened in May 2022. The value of the subsidies was not disclosed. State aid will be paid out per tonne of CO₂ reduced, adjusted for fluctuations in CO₂ taxes and the EU emissions trading system pri
Also in this section
27 May 2025
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU
27 May 2025
Carbon capture, utilisation and storage needs stable policy, investable frameworks and coordinated infrastructure if it is to be developed at scale
19 May 2025
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
