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 January 2025
Bioenergy will be a key part of the energy transition as the world decarbonises, and Brazil is set to be a major player in the sector
14 January 2025
The region has ample resources of both gas and renewable energy and developing both will be vital to the global effort to reduce emissions
13 January 2025
The region’s fast-growing economies stand at a pivotal juncture, with the opportunity to drive a sustainable growth strategy that will keep the world’s net-zero ambitions alive
10 January 2025
Global energy demand keeps rising, and digital technology will play a crucial role in both meeting that demand and doing so in a sustainable way
