Orsted to capture and store 400,000 tonnes of carbon a year by 2025

Danish multinational power company Orsted has announced that it will be capturing and storing 400,000 tonnes of carbon a year by 2025. A statement from Orsted indicates that it has set in place the necessary technology and logistics at two power stations and, if financial support is obtained, the capture and storage goal can be achieved. It added: "Orsted’s CHP [combined heat and power] plants will not only serve as hubs for the capture and shipping of its own carbon, but also for shipping carbon produced by other players. In Kalundborg, Orsted is, amongst others, in dialogue with Kalundborg Refinery about the possibility of capturing carbon from the oil refinery and piping it to Asnæs Power Station, before sailing it away for storage.”