Wintershall Dea is a key player in Danish Greenland CCS projects, which will be linked to the hub. The company is aiming to safeguard gas usage even as countries look to cut emissions by collecting and storing the carbon dioxide it releases rather than allowing it to enter the atmosphere.
A press release said "Wintershall Dea had joined other companies in signing an agreement to jointly pursue and develop the Greenport Scandinavia project," without naming the other companies.
"By participating in Greenport Scandinavia, we are showing that we are driving decarbonization forward," it said, adding it had signed a memorandum of understanding [MoU] and was applying for relevant CCS licences.
Greenport Scandinavia will serve as a collection point for some 1.5 million metric tonnes of CO2 generated from biogas in the region and from countries on the Baltic Sea, from where it will be shipped to Greenland for storage in depleted oil fields.
Wintershall Dea stated, "First injections of CO2 test volumes at Greensand are planned for early 2023, with a view to reaching 4-5 million tonne of CO2 storage annually by 2030."
According to the report, some environmentalists believe CCS technology serves to extend the age of burning carbon for energy, and that a more decisive shift to renewables is required.