The finances of several PtX projects are lagging, but on the other hand, more funds have been allocated from the political side for CCS. More precisely, 38 billion. DKK compared to just 2.2 billion. DKK for the fuels. This is also reflected in reality, where several large PtX projects have recently been dropped or postponed. This reality is now also having an impact on a billion-dollar investment in infrastructure at the Port of Fredericia towards 2030, which ADP had announced just over a year ago. This is reported by Børsen.
At that time, the money was intended to go mainly to infrastructure for green fuels, but now the focus is instead mainly on CO2 storage. For example, in June, ADP announced a collaboration with Total Energies Denmark and Evida to develop the infrastructure for captured CO2.
- Capture and storage of CO2 seems to be the fastest way if we are to achieve the climate goals. Both customers and markets demand it. The framework conditions and the economy are there. So it seems that those projects will reach the goal first, says Rune D. Pedersen, CEO of ADP. He indicates that very little of the CO2 that ADP works with will be used for green fuel within the next ten years.
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