Tenders Are Invited For Environmental Services – Tender For Contract On Subsidy For Carbon Capture, Transport And Storage

Environmental Services – Tender For Contract On Subsidy For Carbon Capture, Transport And Storage. The Ccs Fund With The Agreement On A Strengthened Framework For Ccs In Denmark (In Danish: “Aftale Om Styrkede Rammevilkår For Ccs I Danmark”) Of 20 September 2023, A Majority Of The Danish Parliament Decided To Merge The Second Phase Of The Ccus Fund And The Gsr Fund Into One Combined Fund, The “Ccs Fund”. In June 2024, A Political Decision Was Made To Deploy The Ccs Fund Through One Single Competitive Bidding Process. This Call For Tenders Concerns The Deployment Of The Ccs Fund. The Purpose Of The Ccs Fund Is To Achieve Co2 Emission Reductions And/Or Negative Emissions By Storing Fossil Co2 And/Or Biogenic Co2 Or Atmospheric Co2. The Overarching Aim Of The Ccs Fund Is Thus To Contribute To The Realization Of Denmarks Climate Targets As Outlined In The Danish Climate Act (In Danish: “Klimaloven”). The Contract(S) The Danish Energy Agency (The Dea) Wishes To Enter Into One Or More Contract(S) Pursuant To Which The Recipient(S) Of The Subsidies (Each Recipient “The Operator”) Shall Ensure And Be Responsible For Achieving The Co2 Emission Reductions And/Or Negative Co2 Emissions (“The Contract”). As Described In The Tender Documents, The Operator Shall Each Year From 2030 Until (And Including) 2044 Capture And Permanently, Geologically Store A Fixed Quantity Of Co2 (“Annual Quantity”). The Operator May Also Offer To Capture And Store Co2 From 1 January 2029 At The Earliest Until (And Including) 31 December 2029 (“2029-Quantity”). The Operator May Base Their Project On Co2 Capture From One Point Source Or Direct Air Capture Plant, A Combination Of Point Sources Or Direct Air Capture Plants Or A Portfolio Of Several Point Sources Or Direct Air Capture Plants. The Operator May Be Any Economic Operator Or A Group Of Operators Willing To Assume The Responsibility For Achieving The Co2 Emission Reductions And/Or Negative Co2 Emissions In Accordance With The Contract By Performing The Contract By Itself And/Or By Engaging Sub-Suppliers. The Total Maximum Available Subsidy Of The Ccs Fund Is Dkk 28,659,200,000.00 (2025-Prices, Including Vat And Including Potential Derived Tax Losses (In Danish: “Afledt Afgiftstab”)) Covering The Period From (And Including) 2029 To (And Including) 2044. The Ccs Fund Shall Cover Potential Derived Tax Losses That Stem From The Award Of Contract(S) To Tenderers Who Will Avoid National Co2 Related Taxes By Capturing And Storing Their Co2 Emissions. As Such, The Total Available Annual Funds Depends On The Composition Of The Final Contract Recipient(S). The Total Available Annual Funds For The Period 2029-2044 Can, At Most, Be Dkk 1,791,200,000.00 (2025-Prices, Including Vat). The Value Stated In Section 2.1.3 Is The Total Available Funds Of The Ccs Fund And Thus Including Vat And Including Potential Derived Tax Losses. The Subsidy Will Be Paid Per Tonne Co2 Captured And Stored In Accordance With The Contract. The Offered Rate Per Tonne Co2 Will Be Adjusted Throughout The Contract Period As Described In Appendix 5,