Stefan Håkansson, CEO of Öresundskraft, stated: “This agreement with INEOS marks an important milestone for us. We are at the forefront among our European industry peers when developing a sustainable and fully integrated CCS solution for energy recovery from waste.” He added: “Our project has been awarded €54 million from the EU Innovation Fund and is one of Sweden’s first CCS initiatives. Our goal is to offer climate-neutral district heating and achieve negative emissions. Connecting Swedish carbon capture with Danish storage infrastructure highlights the importance of international cooperation in reaching climate goals.”
Project Greensand achieved a global milestone on March 8, 2023, by successfully injecting CO2 into the North Sea, proving the feasibility of cross-border CO2 transport and offshore storage. In 2023, DNV, a classification society, confirmed the safety of the project’s CO2 storage processes.
On December 9, 2024, INEOS, alongside partners Harbour Energy and Nordsøfonden, finalized the investment decision for the Greensand Future Project, marking the first commercial phase of Denmark’s initial CO2 storage site at the Nini field. This phase targets storing up to 400,000 tonnes of CO2 annually, with plans to scale up to 8 million tonnes per year by 2030.
In the initial phase, CO2 will be captured and liquefied at Danish biomethane plants, transported to Esbjerg port, and shipped via Royal Wagenborg to the Nini West reservoir for storage 1,800 meters below the seabed. Storage operations are expected to commence by late 2025 or early 2026.
Mads Gade, CEO of INEOS Energy Europe, remarked: “The agreement with Öresundskraft marks the beginning of the next phase of Greensand—expanding the capacity to store CO? also from other EU member states. This is a significant step toward building a truly European CCS infrastructure that enables emissions reductions across borders.”
The initiative underscores the role of cross-border collaboration in advancing carbon capture and storage, supporting regional efforts to reduce emissions through innovative infrastructure.
