European partners explore maritime transport of CO2

Aker Carbon Capture and Dan-Unity CO₂ will explore the development potential of future CCS value chains by collaborating on market analysis and insight, with the aim of identifying and maturing specific opportunities. The companies will also identify technical and commercial risks across the CCS value chain, including capture and liquefaction technology, loading and offloading operations, offshore offloading, intermediate storage and permanent subsurface storage.

Dan-Unity CO₂ is the world’s first carbon capture and storage-specific shipping entity, established by Danish shipping companies, Evergas and Navigator Gas. Thus, Dan-Unity CO₂ draws upon extensive expertise in the shipment of liquid gasses to design, build, and manage the pioneering transportation solution required for CCS projects.

“The key to success for CCUS comes by strong partnerships, enabling to offer customers cost effective and safe solutions all the way,” said Steffen Jacobsen, CEO of Dan-Unity CO2. “Transporting CO₂ by sea allows for maximum flexibility and multiple sourcing points, thus unlocking economies of scale for many CCS projects, often delivering a lower cost per tonnes compared with other transport solutions.”

The Danish Government and a broad political majority have agreed on a new deal for CCS, allocating DKK 16 billion to support the development of a Danish CCS industry.

Aker Carbon Capture’s proprietary carbon capture process uses a mixture of water and organic amine solvents to absorb CO₂ in a process that can be applied on emissions from various sources, including gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries. “We aim to establish compelling full value chain offerings that will enable industrial emitters of CO₂ to decarbonise their assets faster,” said Jon Christopher Knudsen, Chief Commercial Officer at Aker Carbon Capture.

In January 2022, Aker Carbon Capture entered into a non-exclusive collaboration with Altera Infrastructure and Höegh LNG to explore carbon capture, utilization, and storage (CCUS).