March 10,2021
Aker Carbon Capture, Ørsted and Microsoft have signed a memorandum of understanding (MoU) to explore ways to support the development of carbon capture and storage at biomass-fired heat and power plants in Denmark.(Photo quoted from Aker Carbon Capture’s official website)
Carbon capture and storage is widely accepted as an important instrument to meet both the Danish climate targets of 70 % carbon reduction by 2030 and to meet the Paris Agreement's goal to limit global temperature increases to 1.5 degrees Celsius.
By capturing the carbon emitted by biomass-fired heat and power plants and storing it underground, it is possible to not only reduce, but also remove carbon from the atmosphere, as carbon from sustainable biomass is part of a natural biogenic carbon cycle.
The three companies will cooperate to address technological, regulatory, and commercial challenges and opportunities for creating negative emissions by capturing and storing carbon emitted by biomass-fired heat and power stations, with each party playing crucial and distinct commercial roles.
Under the terms of the memorandum of understanding, the parties agreed to:
· Explore the possibility to jointly develop a negative emission project at one of Ørsted's biomass plants in Denmark, potentially using Northern Lights where Microsoft is an existing partner
· Explore a technology collaboration to integrate Microsoft's digital expertise into a biogenic carbon capture project with Aker Carbon Capture health, safety & environment (HSE) friendly capture technology
· Explore ways for Microsoft, Aker Carbon Capture, and Ørsted to jointly accelerate the development of a biogenic carbon capture project
· Explore and establish advocacy of policies that help accelerate the negative emission frameworks in European countries
Through the successful completion of activities within these four areas, it is the ultimate vision of the parties to drive forward the process of facilitating negative emissions and reaching actual operation of a commercial and technical setup creating substantial negative emissions.
Ørsted has six biomass-fired units and provides around one quarter of Denmark's district heating. The biomass used as fuel at Ørsted's heat and power plants comes from sustainably managed production forests and is surplus wood, such as sawdust from sawmills or residues from trimming or crooked trees. This wood is of a low quality to be used for construction or furniture. The surplus wood can either be left to rot or be burned in the forest, or it can be used for example to replace gas and coal in energy production. All the surplus wood that Ørsted sources comes from growth forests which means that the carbon emitted when the surplus wood is converted to energy is recaptured by the forest within the span of a few years.
Even though Ørsted foresees that technologies based on renewable power will replace a substantial part of bioenergy in the district heating towards 2040, it expects carbon capture at a number of biomass-fired units to play an important role in the energy transition.
Aker Carbon Capture has developed carbon capture technologies and delivered projects for more than ten years and today has the solutions to support customers across several industries, establishing sustainable business models for the future.
(IRuniverse)
