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deal · 22 May 2024
Microsoft ↔ Ørsted
Microsoft: a firm purchase of 1,000,000 t of bioenergy with carbon capture and storage removal from Ørsted.
BuyerMicrosoft
SupplierØrsted
Tonnes1,000,000 t
Capture pathwayBioenergy with carbon capture and storage
Storage mediumgeological
Commitment typefirm
Deal structureofftake
Source pathway descriptionBioenergy carbon capture and storage (BECCS) from straw-fired boiler at Avedøre Power Station. The combined heat and power plant converts locally sourced straw (a by-product of agriculture) into electricity and district heating. Biogenic CO2 is captured and stored permanently in a storage reservoir in the Norwegian part of the North Sea.
Storage descriptionStorage in the Norwegian part of the North Sea (Northern Lights storage reservoir)
Delivery window2026–2036 (starting from 2026 over ten-year period)
Project locationAvedøre Power Station, Greater Copenhagen area, Denmark (with CO2 storage in Norwegian North Sea)
NotesNew agreement for 1 million tonnes from Avedøre Power Station. This builds on an existing Microsoft commitment to purchase 2.67 million tonnes from Asnæs Power Station, bringing total contracted volume to 3.67 million tonnes of CO2. The 'Ørsted Kalundborg CO2 Hub' project is set to become operational by the beginning of 2026. Project received a 20-year subsidy contract from the Danish Energy Agenc
Durability defaultedtrue
Previous durabilitydurable-1000y
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
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