Project Greensand has reached a significant milestone in carbon capture and storage (CCS) with the first injection of CO2 in the Danish North Sea.
The major event was hosted by Wintershall Dea and INEOS and took place in Esbjerg, Denmark.
Thus, Project Greensand showed the world that CO2 storage is indeed feasible, for the first time ever.
The demonstration was held at an INEOS Oxide site in Belgium, from where the CO2 was transported across the Belgian-Danish border to arrive at its permanent storage destination in the Nini depleted oil field, also operated by INEOS.
Project Greensand has set out to store as much as 8 million metric tons of carbon dioxide per year by 2030.
Ursula von der Leyen, President of the European Commission also commented on the milestone, calling it a ‘big moment for Europe’s green transition’ and for the region’s clean tech sector.
The first ever full value chain, for carbon capture and storage in Europe. You are showing that it can be done. That we can grow our industry through innovation and competition, and at the same time, remove carbon emissions from the atmosphere, through ingenuity and cooperation,” von der Leyen said.
According to estimates of the European Commission, the EU will have to permanently store up to 300 million tons of carbon emissions by mid-century in order to reach its climate targets.
Although the project is supported by the Danish government, it is, in fact, a consortium of 23 organizations, among which are representatives of business, government, and academia.
And just before the major milestone was achieved, the Danish green thinktank CONCITO released a new policy brief containing a summary on how CCS will be able to help lower emissions by the end of the century.