New player teams up with Norwegian oil group on carbon storage on Danish soil

Backed by Norwegian Bluenord, Danish Carboncuts aims to establish carbon storage on the isle of Lolland. It is still early days, but the project is expected to launch by the end of the decade.

Carboncuts' founder estimates that the facility can take on at least 1 million tonnes of CO2 annually, upon becoming operational by the end of the decade. | Photo: PR/Carboncuts

by william rønfeldt kristensen, translated by simon øst vejbæk

A breakaway group from Norwegian Bluenord, formerly known as Noreco, makes its way into the budding market for carbon storage.

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