Aker Carbon Capture has been awarded a large-scale carbon capture project by Ørsted for its Kalundborg Hub in Denmark. Aker will deliver five Just Catch units, additional equipment such as liquefaction systems, and temporary CO2 storage and on/offloading facilities with an expected total contract value above € 200 million. The units will be delivered to Ørsted's wood chip-fired Asnæs power station and the Avedøre power station's straw-fired boiler, and combined will have an installed design capture capacity of 500 000 tonnes CO2 per year.
This follows the 20-year contract award to Ørsted by the Danish Energy Agency for its carbon capture and storage (CCS) project. The funding will enable the realisation of the first full-scale carbon capture and storage value chain in Denmark, to be delivered by Ørsted, Aker Carbon Capture, Microsoft and Northern Lights.
"We … see this project as a milestone for our Just Catch standardised concept, a modular and configurable offering that enables time-efficient deployment of carbon capture units to the mid-scale emitter market" said Valborg Lundegaard, CEO of Aker Carbon Capture.
The collaboration established in 2021 of Aker Carbon Capture, Ørsted and Microsoft is now said to be bringing concrete climate action through biogenic carbon capture and storage, delivering large-scale carbon removal.
Ørsted aims to be carbon neutral by 2025. Earlier this year, Ørsted and Aker Carbon Capture signed a Letter of Intent for the delivery of two Just Catch units, which will form part of the Ørsted Kalundborg Hub.
As part of this project Microsoft will purchase several million tonnes of high-quality, durable carbon removal over more than ten years from the capture and storage of biogenic carbon from Ørsted's project. This represents one of the world's largest carbon removal offtake agreements by volume to date.
The project is subject to signing of the funding contract by Ørsted and the DEA, which completes the funding tender procedure. Signing is expected to take place shortly after expiry of the mandatory standstill period.
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