Denmark inviting applications for coastal CO2 storage exploration

The Danish Energy Agency is today opening the fourth round of tenders inviting companies to apply for permits to explore and use the subsurface for CO2 storage in three coastal areas in Denmark.

The tender covers three areas near the Danish coast – Jammerbugt, Lisa and Inez, which are among several that have been designated by the Geological Survey of Denmark and Greenland (GEUS) as their geological conditions are particularly suitable for storing CO2 underground.

A strategic environmental assessment of the areas has already been performed to ensure that storage can be carried out in an environmentally sound manner.

The deadline for applications is March 6, 2025.

The Danish Energy Agency is also inviting potential applicants to a virtual information meeting about the application process on January 15, from 10:30 to 11:15 a.m., when it will provide information about the terms and process for applying for a permit for exploration and use of the subsoil for geological storage of CO2.

This tender is not the first of its kind. Namely, in February 2023 the Minister of Climate, Energy and Utilities granted three exploration permits for offshore CO2 storage, and in June 2024 three exploration permits for underground storage of CO2 on land.

A new bidding round for the previously tendered area at Thorning was opened in September 2024, with the bids now being evaluated.

To remind, INEOS E&P and Wintershall Dea at the end of 2022 secured a permit for the Greensand Pilot Injection Project. In February 2023, the partners received the first full-scale CO2 storage permit for the Danish North Sea.

Denmark marked a world first on March 8, 2023, with the first-ever injection of CO2 in the North Sea as part of the project.