EnergyWatch

CCU project wins big EU aid to mature technology

The Technical University of Denmark's Biosustain center and spin-off company Secondcircle have secured roughly EUR 11bn in EU support to advance bacteria-based carbon capture and utilization.

Photo: DTU/PR

A seemingly promising carbon capture and utilization (CCU) technology from Denmark is awarded a substantial grant of DKK 83m (EUR 11.16m) for aiding project commercialization and establishment of a production facility in Norway.

The funds stem from the EU's PyroCO2 partnership, which with a combined pool of investment capital of roughly EUR 40m aims to support technologies within carbon capture, sequestration and utilization, reports Danish business daily Børsen.

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