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ccs-project-bifrost-receives-successful-funding-award
ccs-project-bifrost-receives-successful-funding-award

CCS Project Bifrost receives successful funding award

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Project Bifrost, a Danish carbon capture and storage (CCS) scheme, has been awarded DKK 75m (around US$11.5m) by the Danish authorities under the ‘Energy Technology Development and Demonstration Programme’ (EUDP), according to its partner Norwegian Energy Company ASA (Noreco).

The project – set to begin in 2022 – will have an expected start-up storage capacity of 3m metric tonnes of carbon dioxide (CO2) per year (mtpa), in addition to including a study to examine the use of the Danish Underground Consortium (DUC) North Sea reservoirs and existing pipeline infrastructure connecting the DUC fields to Denmark. 

“Our assets in the Danish North Sea, especially the unique pipeline infrastructure, have the potential to be an important enabler for establishing Denmark as a CCS hub,” said John Hulme, COO, Noreco. 

“The Use of existing infrastructure for CCS is a highly attractive alternative from both a climate and economic perspective when oil and gas production gradually cease.” 

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