Greensand Future, Europe's first full-scale CO2 storage facility, gets final approval, aiming to store up to 400,000 tons annually.

Europe's first full-scale CO2 storage facility, Greensand Future, led by INEOS with partners Harbour Energy and Nordsøfonden, has received final investment approval. Located in the North Sea, it aims to store 400,000 tons of CO2 annually from Danish sources, with potential to expand to 8 million tons by 2030. The project, costing over $150 million, is crucial for meeting Denmark's 2045 net-zero target and the EU's climate goals.

3 months ago
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