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.

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.