The complete paper examines the economics of carbon capture, usage, and storage (CCUS) projects, either standalone or in conjunction with large offshore gas projects, in Denmark, Indonesia, and Australia. An analysis of the legislation in these countries reveals to what degree the frameworks are defined to support CCUS projects. Economic-robustness analyses of the projects are performed to determine under which circumstances CCUS strengthens or weakens the business cases for the operators.
Carbon Capture and Storage (CCS)/CCUS Legislation in Three Countries
Denmark. Summary and History of Legislation. Denmark initiated its first CCS legislation by issuing permits in 2023 for CO2 storage exploration in the Danish North Sea to three companies with exclusive exploration rights for 6 years, extendable to 30 years if suitable storage locations are found.
