Denmark is developing carbon storage
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 August 2025
Innovation is moving at pace in the direct air capture sector, but will costs fall quickly enough to make it a mainstay of the voluntary carbon market?
11 August 2025
US company reiterates commitment to CCUS as it agrees to work with major steelmakers to drive large-scale deployment in Asia
7 August 2025
Draft law opens door to large-scale carbon capture and storage, and could unleash investment in gas-based hydrogen projects
6 August 2025
EU industry and politicians are pushing back against the bloc’s green agenda. Meanwhile, Brussels’ transatlantic trade deal with Washington could consolidate US energy dominance
