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Aker Carbon Capture

Environmental & Social Information Nov 24, 2021

3529_rns_2021-11-24_6d1aa66e-2f18-4696-94e9-75780810d9d5.html

Environmental & Social Information

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Aker Carbon Capture supports Danish industry's climate ambitions

Aker Carbon Capture supports Danish industry's climate ambitions

Aker Carbon Capture is expanding its presence in the Danish market as the pure

-play carbon capture company is positioning for future growth across several

industries in the country.

"We are delighted to contribute to the Danish climate targets by offering our

mature and proven carbon capture technology, which in cooperation with Danish

industry can enable significant reductions of emissions already before 2025,"

said Henrik Madsen, Chairman of Aker Carbon Capture.

The company has already recruited a handful of carbon capture specialists in

Denmark and have plans for rapid growth to meet the increasing demand from

industry emitters in Denmark and Northern Europe.

Aker Carbon Capture has developed a proprietary and field-proven CCS solution to

enable carbon reductions in hard-to-abate industries such as waste incineration,

bio-energy and other process industries.

"Most industrial emitters recognize that the CCS technology is mature and ready

to be implemented at scale, it is now important to push the creation of further

transport and storage solutions for CO2," says Madsen. Denmark has already

several initiatives underway, including the Greensands project alongside other

large initiatives in the Nordic region. "Working together across the Nordic

region will bring additional benefits, as exemplified by the recent

collaboration between Aker Carbon Capture and Carbfix," said Madsen. Iceland's

Carbfix has developed a solution that turns CO2 into stone in basalt

formations.

"Denmark is key to our international expansion plans, with access to highly

qualified engineers and partners that have made a mark in green growth

industries," said Valborg Lundegaard, CEO of Aker Carbon Capture. "Danish

industry could become a frontrunner in the CCS development by realizing projects

with negative emissions and utilizing new business models such as Carbon Capture

as a Service (CaaS)," said Lundegaard.

Aker Carbon Capture recently launched a CCS service, offering the full value

chain from capture via transport and storage under one pay-per-tonnes solution.

"We have seen great interest from emitters for our novel offering, including

from companies in the Danish market. With a local presence we will be able to

support a range of emitters in Denmark to make use of this unique offering,"

added Lundegaard.

The opening will be attended by ministry and representatives from several

countries including the Norwegian Minister of Trade and Industry. The Danish

office in Hellerup in Copenhagen will be serving Denmark, as well as wider

Scandinavia, the UK and continental Europe with projects and technology.

ENDS

Media contact:

Ivar Simensen, mob: +47 464 02 317 (http://tel:+47 464 02 317), email:

[email protected]

Investor contacts:

David Phillips, mob: +44 7710 568279 (http://tel:+44 7710 568279), email:

[email protected]

Christian Yggeseth, mob: +47 915 10 000 (http://tel:+47 915 10 000), email:

[email protected]

Aker Carbon Capture is a pure-play carbon capture company with solutions,

services and technologies serving a range of industries with carbon emissions,

including the cement, bio and waste-to-energy, gas-to-power and blue hydrogen

segments. Aker Carbon Capture's proprietary, carbon-capture technology offers a

unique, environmentally friendly solution for removing CO\2\ emissions.

Visit akercarboncapture.com (https://www.akercarboncapture.com/) and connect

with us on LinkedIn (https://www.linkedin.com/company/aker-carbon

-capture), Facebook (https://facebook.com/akercarboncapture),

Twitter (https://twitter.com/akercarbon),

Instagram (https://www.instagram.com/akercarboncapture/) and

YouTube (https://www.youtube.com/channel/UCqE71jAZxmM-CNhfUQq86kQ). This press

release may include forward-looking information or statements and is subject to

our disclaimer, see akercarboncapture.com (https://www.akercarboncapture.com/).

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