Carbon capture storage12/3/2023 ![]() ![]() By 2030, Project Greensand aims to store up to 8 million tonnes of CO2 per year. In the short term, the project will store up to 1.5 million tonnes of CO2 per year in 2025. This will take place in the INEOS operated Siri field, located more than 200 kilometres west of the Danish coast. Project Greensand aims to develop and demonstrate that CO2 can be stored underground in the Danish part of the North Sea. We are also leading the Greensand consortium that is undertaking a pilot project in Denmark. Carbon capture happens in nature, as well as. It’s possible to capture around 90 of the carbon dioxide (CO) that these processes emit. Over the past two decades, INEOS has been capturing GHG emissions at plants in Antwerp (Belgium), Tavaux and Lavera (France), and Cologne (Germany), removing over 300’000 tonnes of CO2 per annum – equivalent to the annual emissions from around 30’000 cars. Bioenergy with carbon capture and storage (BECCS) involves any energy pathway where CO 2 is captured from a biogenic source and permanently stored. What’s carbon capture, use and storage Carbon capture, use and storage (CCUS) is a way to reduce the carbon emissions of activities such as power generation or intensive processes like steel production. In fact, several INEOS sites have been capturing emissions for a long time. ![]() Although it is INEOS' primary goal is to cut emissions at source, we recognise that CCUS will play an important role in mitigating GHG emissions in the short run, either through utilisation or storage. Carbon dioxide is a well-documented greenhouse gas, and a growing body of evidence indicates that anthropogenic CO 2 emissions are a major contributor to climate change ().One promising technology to mitigate CO 2 emissions is carbon capture and storage (CCS) (24). ![]()
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