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Ørsted and Microsoft Expand Carbon Removal Partnership with New 1 Million Tonnes Agreement

Ørsted has signed a landmark deal with Microsoft to sell an additional one million tonnes of carbon removal over a ten-year period from its Avedøre Power Station, part of the Ørsted Kalundborg CO2 Hub project. This new agreement builds on Microsoft’s existing commitment to buy 2.67 million tonnes from Ørsted’s Asnæs Power Station, bringing the total contracted carbon removal to 3.67 million tonnes. The Ørsted Kalundborg CO2 Hub will become operational by early 2026, capturing 430,000 tonnes of biogenic CO2 annually from biomass-fired power plants and storing it in the Norwegian part of the North Sea. This project supports Microsoft’s goal of being carbon-negative by 2030 and contributes to global climate targets. The collaboration highlights the importance of carbon removal technologies, as emphasized by the UN’s IPCC, and underscores the strategic partnership between Ørsted and Microsoft in accelerating the transition to a greener economy.

Discover more about Ørsted and Microsoft’s collaborative efforts to achieve carbon removal and support global sustainability goals here.

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