Global Briefing: INEOS opens EU's first 'full-scale' carbon storage site

BusinessGreen staff
clock • 10 min read
His Majesty King Frederik X of Denmark and Sir Jim Ratcliffe, chairman of INEOS - Credit: Lasse Lagoni
Image:

His Majesty King Frederik X of Denmark and Sir Jim Ratcliffe, chairman of INEOS - Credit: Lasse Lagoni

Fully operational carbon storage business opened at port of Esbjerg, Netherlands reveals fossil fuel plan, and Panama Canal to cut maritime traffic due to El Niño

King Frederik X of Denmark has today opened the first "full-scale" CO2 storage site in the EU, as he cut the ribbon on INEOS Energy's Project Greensand site in the North Sea. The site is expected to...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

'Startling act of climate hypocrisy': Scottish ministers approve new carbon capture gas power station at Peterhead

'Startling act of climate hypocrisy': Scottish ministers approve new carbon capture gas power station at Peterhead

Climate campaigners brand new fossil fuelled plant a 'catastrophic failure' from Scottish Government, but developers maintain pioneering project offers major boost to UK's clean energy system

Stuart Stone
clock 28 October 2026 • 5 min read
Octopus Energy extends 'Happy Hours' electricity offer through winter

Octopus Energy extends 'Happy Hours' electricity offer through winter

Scheme will continue to reward eligible customers with free power on the weekend, if they use less power during two one-hour sessions in the week

clock 28 October 2026 • 2 min read
Tony Blair Institute calls for re-opening of zonal pricing debate

Tony Blair Institute calls for re-opening of zonal pricing debate

Think tank again urges government to drop clean power by 2030 plan, as it argues for new incentives for companies to use surplus wind power

James Murray
clock 27 October 2026 • 6 min read