View original ↗on esgtoday.com
deal · 1 May 2023
Microsoft ↔ Ørsted
Microsoft: a firm purchase of 2,760,000 t of bioenergy with carbon capture and storage removal from Ørsted.
BuyerMicrosoft
SupplierØrsted
Tonnes2,760,000 t
Capture pathwayBioenergy with carbon capture and storage
Storage mediumgeological
Durabilitydurable, 1,000 years or more
Durability basisseed-curated
Commitment typefirm
JurisdictionDenmark
Deal structureofftake
Source pathway descriptionBECCS on wood-chip-fired Asnæs Power Station (Ørsted Kalundborg Hub)
Delivery window11 years; capture from 2025-2026 (~430,000 t/yr across hub)
Project locationKalundborg, Denmark (storage at Northern Lights, Norwegian North Sea)
NotesMONTH-PRECISION DATE: announced May 2023, exact day not verified. Largest BECCS offtake at signing. Note: some later coverage cites 2.67M t; contemporaneous sources say 2.76M t. Ørsted's Kalundborg project was later cancelled/descoped in 2025 amid Danish CCS setbacks — check current delivery status before relying on this record.
Confidencemedium
Unverified noteDay of month unverified; 2.76M vs 2.67M discrepancy appears in secondary coverage; project status post-2025 not re-verified here.
Stated jurisdictionDK
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