Funded with €41 million from the Innovation Fund, Greensand Future by INEOS builds on a successful pilot to develop industrial-scale CCS in Denmark. The project will inject CO₂ into the Nini West oilfield, leveraging a ‘Port to Platform’ transport model. With operations starting in 2026, it could significantly contribute to the EU’s target of 50 million tonnes of CO₂ injection capacity by 2030. The Innovation Fund is 100% funded by the EU Emissions Trading System.
- Beneficiaries
Coordinators: Ineos E&P A/S
Participants: Nordsøfonden - Wintershall Dea International GmbH
- Project Locations
Denmark
- EU funding
€41 million
- Funding source
Other STEP stories
- Highlighted
The project focuses on building a new production line for the next-generation cylindrical battery known as the 46 series, designed specifically for powering electric vehicles (EVs) and is expected to start operating in the third quarter of 2028.
- Highlighted
The AGATHE project involves expanding Verkor's battery factory in Dunkirk, France, doubling its production capacity from 8 GWh to 16 GWh. This expansion incorporates cutting-edge technologies, including automation and artificial intelligence, to make manufacturing more efficient and sustainable.
FiBrane is a groundbreaking method for efficiently transforming seawater into ultrapure water (UPW) needed for offshore green hydrogen production.