Scottish Startup Secures Milestone Deal for EU’s First Operational CO2 Storage Facility

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Scottish Startup Secures Milestone Deal for EU’s First Operational CO2 Storage Facility
Scottish Startup Secures Milestone Deal for EU’s First Operational CO2 Storage Facility

The Carbon Removers announced an agreement to sequester 50,000 tonnes of CO2 annually under the North Sea. The agreement is part of Project Greensand Future, the EU’s first operational CO2 storage facility. The captured CO2 will be stored 1,800 meters beneath the seabed in a depleted oil field.

Captured CO2 will originate from Danish biomethane production plants. It will be liquefied, transported to the Esbjerg port, and shipped by Royal Wagenborg. The CO2 will then be stored in the Nini West reservoir, deep below the seabed.

The agreement enhances the company’s ability to offer permanent carbon removal credits. These credits help businesses meet decarbonization goals and advance the net-zero future across Europe.

Also read: Vestas Secures Order for 1.1 GW Inch Cape Offshore Wind Project in Scotland

Greensand Future Investment Decision

INEOS Energy and its partners, Harbour Energy and Nordsøfonden, took the final investment decision in December on Greensand Future. This project marks Denmark’s first CO2 storage site at the Nini field in the Danish North Sea.

The first phase is set to inject 400,000 tonnes of CO2 annually, which is expected to be scaled up to 8 million tonnes by 2030.

Historic Milestones of Project Greensand

Project Greensand achieved the world’s first CO2 injection in the North Sea. This demonstrated the feasibility of transporting captured CO2 across borders and storing it offshore. Later, the safety of CO2 storage in the project was verified by the classification society DNV.

Pioneering Carbon Storage for Europe

The Greensand Future Project represents a significant leap toward large-scale carbon sequestration. This project aligns with the decarbonization targets of Europe and serves as a model for future projects.

It positions Denmark as a country that leads in carbon storage innovation while facing global challenges on climate change.

Brenmiller Energy Hits Milestone in Thermal Energy Storage Project with Tempo Beverages

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Brenmiller Energy Hits Milestone in Thermal Energy Storage Project with Tempo Beverages
Brenmiller Energy Hits Milestone in Thermal Energy Storage Project with Tempo Beverages

Brenmiller Energy Ltd., one of the world’s largest companies in thermal energy storage (TES) technology, has attained an important contractual milestone in its revolutionary TES project with Tempo Beverages Ltd.It also reported important financial milestone – 40% of the financial commitment by Tempo to the project. This is a major step for both Brenmiller and Tempo in moving towards sustainable energy solutions.

Manufacturing of bGen Components Set for 2025 Launch

Brenmiller Energy will manufacture the bGen™ components at its gigafactory and ship them to Tempo’s site for assembly starting in mid-January 2025. This marks the beginning of the system assembly process at Tempo’s beverage processing facility, with the goal of completing the commissioning of the TES system by the end of 2025.

Achieving Sustainability and Cost Savings for Tempo Beverages

The project will see Brenmiller replace Tempo’s existing fossil fuel boilers with a 32 MWh bGen™ ZERO TES system. Moving from fossil-fuel-based heat to electricity-generated heat, the new system will remove around 2,000 tons of heavy fuel annually. This would cut the carbon footprint of the company by about 6,200 tons of CO2 per year but also expects to save Tempo a sum of $7.5 million over the next 15 years.

Also read: OECS and IRENA Collaboration to Enhance Geothermal Energy Stakeholder Engagement

Brenmiller’s Commitment to Project Delivery and Sustainability Goals

The Chairman and Chief Executive Officer of Brenmiller Energy, Avi Brenmiller, stated that the company’s achievements in the recent past show its ability to adhere strictly to project timelines and deliver promises to the stakeholders. The company was also looking forward to assembling the system at Tempo’s beverage processing facility and emphasized its commitment to completing the work within the challenging timeline to commission in 2025.

The collaboration with Tempo Beverages is part of Brenmiller Energy’s broader strategy to provide innovative TES solutions to industrial and utility customers. The successful implementation of the bGen™ system will significantly reduce energy costs and environmental impact, aligning with global trends toward decarbonization and sustainable energy practices.