Expected to be funded by the Energy Technology Development and Demonstration Programme (EUDP), the project will study the Harald field in the Danish North Sea, evaluating its potential for CO2 transport and storage.
With an estimated start-up storage capacity of three million tonnes of CO2 per year, the project will reduce its carbon footprint by reusing existing North Sea infrastructure.
The partners involved include Noreco, Ørsted, DTU, and partners in the Danish Underground Consortium (the DUC).
Providing receival of funding and following a successful demonstration programme, the project, which will aim for CO2 storage in a depleted offshore gas field, will reach a final investment decision (FID).
By using its significant storage potential, Denmark is set to become a CCS hub, according to John Hulme, Chief Operating Office, Noreco. He commented on the use of the technology as part of a greener future, saying, “Project Bifrost is the first tangible step Noreco is taking towards ensuring CCS is a part of the green transition in our industry.”
He added, “CCS can be an important part of achieving Denmark’s ambitious CO2 reduction targets, especially if there is cooperation between the CCS players.”