5-P3 VALCCAP

Local value creation in carbon capture, storage and use: the development of cross-sectorial business set-ups and pathways

Background
Large parts of the Danish energy infrastructure are characterized by strong local support and ownership. This concerns electricity distribution, district heating, wind power and solar photovoltaics. In that respect, Denmark is unique globally and now has the chance to build on this strong local foundation to accelerate the development of CCUS pathways.

An understanding of how to integrate CCUS pathways into a preexisting energy system can accelerate the green transition across different sectors and bring value to public-private partnerships by using local actors such as municipalities, companies, and citizens as a case.

Objectives
The project will support the development of cross-sectorial business set-ups for integrating carbon capture, storage and use (CCUS) technologies into the existing energy system. This is done in such a way that these new technologies can accelerate the green transition across different sectors and bring value to municipalities and local actors. Thereby, the project shall contribute to local development and, also, to improving social acceptability of these new technologies. The project will therefore also help accelerate the development and implementation of CCUS pathways by making them adaptable to the local context.


Expected results

  1. Analyse the market potential for CCUS plants in the Thy-Mors area.
  2. Develop and analyse the co-created CCUS scenarios.
  3. Assess local value creation and development potential of CCUS plants.
  4. Develop recommendations for further exploitation of the developed business set-ups.