Denmark: Aalborg Portland signed a contract on 9 June 2026 with the country's energy agency for €2.2bn in subsidies for its carbon capture and storage (CCS) project from 2030.
"We can now take the decisive step toward realising a project that is not only significant in a Danish context, but is also among the largest industrial CO₂ capture projects in Europe," Aalborg Portland CEO Soren Holm Christensen said in a statement. Aalborg Portland will receive €117/t of CO₂ captured, corresponding to up to €147m/yr for 15 years, with the subsidies covering the capture, transport and storage of up to 1.25Mt/yr of CO2. The company added that it expects the project to account for more than half of the Danish CCS subsidy pool's overall target of capturing 2.3Mt/yr of CO2 from 2029.
Air Liquide will provide the capture technology for the project, while Harbour Energy will provide the transport infrastructure and storage, according to the company.