Denmark pauses North Sea storage tender
Second-round tender put on hold amid uncertainty over Danish state’s shareholding in future licences
Denmark has postponed its second-round tender for North Sea offshore carbon storage exploration licences amid discussions over the level of state ownership in future projects. The tender had been scheduled to open on 15 August. The Danish Energy Agency (DEA) expects to set a new starting date for the tender round later in 2023. The Danish state holds a 20% stake in first-round licences awarded in 2022, but the government’s official CCS strategy leaves the door open to a higher state participation in second-round licences. “Before the second tender round can be initiated, a clarification must be reached regarding whether the state participation share in future licences should be higher,” the

Also in this section
14 March 2025
Ignoring questions of sustainability will not make the problems they focus on go away
12 March 2025
Launch of credit trading scheme likely to slip into 2026 as government grapples with complex market design challenges
11 March 2025
Direct air capture is still in its infancy, but organisations are seeking to leverage global collaborations and AI to discover new materials, with an aim of scaling up the technology and cutting costs
8 March 2025
Honouring the trailblazing women shaping the future of hydrogen