Advertising

Clean Technology, Corporate strategy

Aker Carbon Capture joins the Greensand Initiative

Aker Carbon Capture is a partner in Denmark's Greensand project to transport and store CO2 in the North Sea.|Aker Carbon Capture is a partner in Denmark's Greensand project to transport and store CO2 in the North Sea.

Victor de Loisy
Le 18 August 2021

Please share:

Aker Carbon Capture is a partner in Denmark’s Greensand CO2 transport and storage project, which today announced the formation of a strong industry consortium to drive forward one of Europe’s leading CO2 infrastructure projects.

Aker Carbon Capture supports the development of carbon capture

“Open access infrastructure for CO2 transport and storage is essential to meeting the Paris Agreement, and Aker Carbon Capture is proud to support national infrastructure projects with its capabilities and experience,” says Henrik Madsen, President of Aker Carbon.

Aker Carbon also states that the Greensand project could be a catalyst for sustainable Danish industry.
This, by offering CO2 storage and a strong common European drive towards Net Zero.

30 partner entities

Aker Carbon is supporting the Greensand project as one of 30 Danish and international companies and research institutes that have joined forces to carry out a pilot project.
The project, which is led by Ineos Oil & Gas and Wintershall DEA, aims to demonstrate that CO2 can be injected into the Nini West reservoir, offshore Denmark, and to support the deployment of cost-effective, environmentally safe monitoring technologies.

“New cost-effective CO2 storage capacities are an important decarbonization factor for our customers. Through our Danish entity, Aker Carbon Capture Denmark, we are well positioned to serve not only the growing CCS market in Denmark, but also to accelerate other markets in Europe,” says Jon Christopher Knudsen, Commercial Director of Aker Carbon Capture.

The project will serve as the basis for a decision to allow CO2 storage as early as 2025, making Greensand one of Europe’s leading CO2 storage projects.

Advertising

Recently published in Clean Technology Corporate strategy

Corporate strategy

Aramco relies on AI and supercomputing to optimize its operations

Aramco announces a series of partnerships and the deployment of a supercomputer dedicated to artificial intelligence, marking a milestone in the optimization of its industrial processes.

Clean Technology

Baker Hughes unveils CarbonEdge™, a CCUS project optimization platform

Baker Hughes launches CarbonEdge™, a digital platform for carbon capture, utilization and storage projects, facilitating risk management and regulatory monitoring.

Clean Technology

Baker Hughes unveils CarbonEdge™, a CCUS project optimization platform

Baker Hughes launches CarbonEdge™, a digital platform for carbon capture, utilization and storage projects, facilitating risk management and regulatory monitoring.

Corporate strategy

A mix with more renewables and -30% gas in France by 2035

Projections by gas industry players in France anticipate a 30% reduction in gas consumption by 2035, with a marked increase in renewable gas to meet European climate targets.

Corporate strategy

A mix with more renewables and -30% gas in France by 2035

Projections by gas industry players in France anticipate a 30% reduction in gas consumption by 2035, with a marked increase in renewable gas to meet European climate targets.

Corporate strategy

Companies quietly abandoning their climate targets

Under pressure from markets and politics, companies are readjusting their climate strategies, raising questions about the sincerity of their decarbonization commitments.

Corporate strategy

Companies quietly abandoning their climate targets

Under pressure from markets and politics, companies are readjusting their climate strategies, raising questions about the sincerity of their decarbonization commitments.

Clean Technology

Rising carbon prices in regulated markets, vagueness on voluntary markets

Regulated carbon markets saw their prices rise in August, while the voluntary market faced difficulties linked to the quality of credits and a lack of liquidity.

Corporate strategy

BlackRock invests in the strategic pipeline between Saudi Arabia and Bahrain

BlackRock acquires a minority stake in Saudi Bahrain Pipeline Company (SBPC) to support the management of Bahrain's energy assets and explore new collaborations in infrastructure.

Corporate strategy

BlackRock invests in the strategic pipeline between Saudi Arabia and Bahrain

BlackRock acquires a minority stake in Saudi Bahrain Pipeline Company (SBPC) to support the management of Bahrain's energy assets and explore new collaborations in infrastructure.

Corporate strategy

United States: Cyber attacks on energy infrastructure on the rise

Cyberattacks on US energy infrastructure rose sharply in 2024. New studies reveal an upsurge in ransomware and data breaches, highlighting the growing vulnerability of these critical systems.

Corporate strategy

United States: Cyber attacks on energy infrastructure on the rise

Cyberattacks on US energy infrastructure rose sharply in 2024. New studies reveal an upsurge in ransomware and data breaches, highlighting the growing vulnerability of these critical systems.

Corporate strategy

Enel prepares to withdraw from Vietnam, impact on renewable projects

Enel could pull out of Vietnam, following the trend of other Western companies reviewing their renewable energy strategies in the face of regulatory challenges.

Corporate strategy

Enel prepares to withdraw from Vietnam, impact on renewable projects

Enel could pull out of Vietnam, following the trend of other Western companies reviewing their renewable energy strategies in the face of regulatory challenges.

Clean Technology

Germany suspends carbon credits in China on suspicion of massive fraud

Germany blocks emission reduction certificates for projects in China after detecting irregularities, calling into question the reliability of carbon offsets on the European market.

Corporate strategy

Industry: The Franco-German contrast in decarbonization

A study by McKinsey and La Fabrique de l'Industrie highlights the marked differences between France and Germany in their industrial strategies for reducing emissions, highlighting divergent priorities in terms of energies and sectors.

Corporate strategy

Industry: The Franco-German contrast in decarbonization

Corporate strategy

Qair and Vibracoustic sign 12-year PPA in Poland

Qair and Vibracoustic sign a 12-year contract to supply renewable electricity to Poland, with a planned output of 180 GWh per year, reducing energy costs and CO2 emissions by 146,000 tonnes annually.

Corporate strategy

Qair and Vibracoustic sign 12-year PPA in Poland

Qair and Vibracoustic sign a 12-year contract to supply renewable electricity to Poland, with a planned output of 180 GWh per year, reducing energy costs and CO2 emissions by 146,000 tonnes annually.

Clean Technology

Iceland: Haffner Energy and IðunnH2 optimize carbon procurement

Haffner Energy and IðunnH2 partner to use biocarbon in Iceland's 65,000-tonne e-SAF project, in response to carbon supply challenges.

Clean Technology

Iceland: Haffner Energy and IðunnH2 optimize carbon procurement

Haffner Energy and IðunnH2 partner to use biocarbon in Iceland's 65,000-tonne e-SAF project, in response to carbon supply challenges.

Corporate strategy

Qair acquires Green Switch Capital and strengthens its presence in the UK

Qair acquires majority stake in Green Switch Capital, adding 15 GW of renewable energy projects to its UK portfolio, with a focus on solar, wind and storage.

Clean Technology

Eni and Snam launch CO2 capture and storage in the Adriatic Sea

Eni and Snam are implementing a carbon capture and storage (CCS) project in the Adriatic Sea to reduce industrial CO2 emissions in Italy.

Clean Technology

Eni and Snam launch CO2 capture and storage in the Adriatic Sea

Eni and Snam are implementing a carbon capture and storage (CCS) project in the Adriatic Sea to reduce industrial CO2 emissions in Italy.

Clean Technology

TotalEnergies commits USD 100 million to forest management in the United States

TotalEnergies is investing USD 100 million with Anew Climate and Aurora Sustainable Lands to strengthen the sustainable management of 300,000 hectares of forests in the United States and optimize carbon sinks.

Clean Technology

TotalEnergies commits USD 100 million to forest management in the United States

Clean Technology

Premium energy basins seek to reduce emissions

According to Rystad Energy, demand for hydrocarbons will remain high. Premium energy basins such as Rub Al Khali and Gulf Deepwater are identified as strategic targets for maintaining production while reducing CO2 emissions.

Clean Technology

Premium energy basins seek to reduce emissions

Clean Technology

Valorization of captured CO2: Prospects and obstacles for projects

The use of captured carbon dioxide can improve the profitability of carbon capture projects, but economic, technological and regulatory constraints hinder its widespread adoption.

Clean Technology

Opportunities for international players in China’s carbon markets

Regional carbon exchanges in China are diversifying their role by testing new sectors for the ETS, developing carbon finance products and facilitating cross-border trading.

Clean Technology

Opportunities for international players in China’s carbon markets

Regional carbon exchanges in China are diversifying their role by testing new sectors for the ETS, developing carbon finance products and facilitating cross-border trading.

Corporate strategy

Rare earths: US players step up efforts to secure financing

Mining and recycling companies in the US are rushing to finalize loans from the Department of Energy, fearing that a Donald Trump comeback will change policies to support critical minerals projects.

Corporate strategy

Rare earths: US players step up efforts to secure financing

Mining and recycling companies in the US are rushing to finalize loans from the Department of Energy, fearing that a Donald Trump comeback will change policies to support critical minerals projects.

Corporate strategy

Marathon Oil and ConocoPhillips obtain shareholder approval for merger

Marathon Oil shareholders approve merger with ConocoPhillips. The transaction, expected to be completed by the end of 2024, must still pass key regulatory hurdles.

Corporate strategy

Marathon Oil and ConocoPhillips obtain shareholder approval for merger

Marathon Oil shareholders approve merger with ConocoPhillips. The transaction, expected to be completed by the end of 2024, must still pass key regulatory hurdles.

Clean Technology

Carbon Capture in Asia-Pacific: High Costs and Legal Obstacles

Asia-Pacific is making progress in CCUS, but high costs and regulatory challenges are holding back progress.

Corporate strategy

France: TotalEnergies caps fuel prices for its customers

TotalEnergies sets a maximum fuel price of €1.94/liter for its electricity and gas customers, in response to the continuing rise in market prices.

Corporate strategy

France: TotalEnergies caps fuel prices for its customers

TotalEnergies sets a maximum fuel price of €1.94/liter for its electricity and gas customers, in response to the continuing rise in market prices.

Corporate strategy

Meyer Burger abandons U.S. plant, stock market plunges immediately

Meyer Burger, Swiss manufacturer of solar panels, abandons plans for a site in Colorado, causing a 38.5% fall in its share price. The company refocuses its operations and launches a restructuring program to reduce costs.