Norwegian energy company CO2 Management AS (CO2M) will build a carbon dioxide (CO2) transshipment hub in the city of Bremen, Germany for the utilisation or storage of captured CO2, marking the first facility of its kind in the country.

The project aims to reduce carbon emissions across hard-to-abate industries such as cement, concrete, chemicals, steel, and waste management. 

To achieve targets set by the Paris Agreement in 2015 carbon capture, utilisation, and storage (CCUS) technologies must be scaled up, according to industry. 

Following the signing of a letter of intent with bremenports GmbH & Co. KG (bremenports), CO2M will use the new CO2 hub to store CO2 collected in liquefied form from industrial sites to be recycled or loaded onto ships and exported to permanent storage facilities. 

The location in Bremen provides the hub with direct links to German industrial operations and various offshore CO2 storage facilities planned in Europe. 

Commenting on the development, Dr. Torsten Porwol, Managing Director, CO2M, said, “This offer is unrivalled, as there are no CO2 storage facilities in Germany.” 

With planning, approval, and construction still in its incipient stages, the company revealed that operations at the terminal will not begin for ‘several years’. 

To advance development CO2M has stated that it is currently open to cooperation and seeking interested industrial companies. 

Stating that – for decarbonisation – ports are ‘indispensable’ building blocks, Robert Howe, Managing Director, bremenports, added, “Bremen’s ports are preparing in a variety of ways to fill this role competently and in a timely manner.” 

“The agreement with CO2M has the potential to make an important contribution to climate protection and positive port development after further concretisation and appropriate political support.”