Ørsted and Microsoft strengthen their carbon capture partnership
Ørsted will sell one million tonnes of CO2 to Microsoft over ten years as part of the BECCS ‘Ørsted Kalundborg CO2 Hub’ project, reinforcing their joint commitment to a sustainable future.
| Countries | Danemark, Norvège |
|---|---|
| Companies | Orsted, Microsoft |
| Sector | Réseaux chaleur, Cogénération biomasse |
| Theme | Investissements & Transactions, Partenariats commerciaux |
Ørsted, has announced a new agreement with Microsoft for the sale of one million tonnes of CO2 from the Avedøre power plant in Denmark. This new agreement is in addition to Microsoft’s existing commitment to purchase 2.67 million tonnes of CO2 from the Asnæs plant, bringing the total to 3.67 million tonnes. The Ørsted Kalundborg CO2 Hub project involves capturing biogenic CO2 from Ørsted’s biomass power plants and storing it permanently in a reservoir in the Norwegian North Sea. Carbon capture will begin in 2026, with 430,000 tonnes of CO2 captured annually, making a significant contribution to reducing global carbon emissions.
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