The EU is allocating nearly €2m in project finance funding to support carbon capture utilisation and storage (CCUS) in Denmark’s Øresund region.
The funding, comprising a budget of €1.2m and ‘contribution’ of €740,000, falls under the Interreg Øresund-Kattegat-Skagerrak cooperation programme involving Denmark and Sweden.
The ambition of the three-year project is to make CCUS an integrated, cross-border element of the energy system, where captured biogenic CO₂ is combined with green hydrogen and renewable energy to produce fuels for shipping and aviation.
Copenhagen Malmö Port (CMP), through its innovation-oriented Ocean Valley, is the lead project partner, and the consortium also includes E.ON Energy Infrastructure, Green2x, Nordion Energi, Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, Sustainable Business Hub Scandinavia, SYSAV, Öresundskraft, CLEAN, and Copenhagen Capacity.
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