Danube Onshore Fermentation Carbon Removals
Location: Hungary
Source: EU Funding & Tenders Portal
Danube Removals is a full chain Carbon Capture and Storage (CCS) operation in Central Hungary. It will collect more than 500 000 tonnes of biogenic CO2 per year from the yeast fermentation and anaerobic digestion processes of Pannonia Bio, one of Europe’s largest biorefineries. The collected CO2 will be transported via pipeline and injected into a nearby permanent onshore geological storage site i
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | ongoing |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Danube Removals is a full chain Carbon Capture and Storage (CCS) operation in Central Hungary. It will collect more than 500 000 tonnes of biogenic CO2 per year from the yeast fermentation and anaerobic digestion processes of Pannonia Bio, one of Europe’s largest biorefineries. The collected CO2 will be transported via pipeline and injected into a nearby permanent onshore geological storage site in a saline aquifer of the Pannonian Basin. The project will generate EU-certified carbon removal credits for the voluntary carbon markets. Europe’s existing fermentation sector has the potential for over 10 million tonnes per year of similar carbon removals using biogenic CO2. This impact could further increase as the EU biomethane sector grows. The Danube Removals project will demonstrate the first large-scale integration of bioCCS in Europe, with low CCS unit costs. The proposed CO2 storage model could also be scaled up to handle tens of millions of tonnes of CO2 across the Pannonian Basin. The Danube Removals project aims to set a new benchmark for economic feasibility and demonstrate strong potential for scalable expansion and replication across Europe. The project will deliver over 1% of Europe’s 2030 annual CO2 storage capacity target (50 million tonnes per year) mandated in the Net-Zero Industry Act. It will also deliver more than 10% of the 5 million tonnes of annual Carbon Removals anticipated for 2030 in the 2021 Communication on Sustainable Carbon Cycles. Additionally, Danube Removals will complement the implementation of the upcoming EU Regulation Establishing a Certification Framework for Carbon Removals by providing a substantial volume of CRCF-compliant credits, helping to accelerate the growth of Europe’s Voluntary Carbon Markets. Danube Removals will generate approximately 200 jobs during development and around 50 in operation. Indirect employment and expansion to new sites point to thousands of additional jobs. The project will demonstrate the potential of Central Europe, and Hungary in particular, as promising regions for low-cost, high-volume CO2 storage. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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