Microsoft has signed a carbon removal deal with Danish Bioenergy Carbon Capture and Storage (BECCS) firm BioCirc for 650,000 tons of removal credits over the next seven years.
– BioCirc
The deal will see Microsoft receive carbon removal credits from carbon capture units at five of BioCirc's 8 biogas plants, all located in Denmark. The five plants are located in Favrskov, Vesthimmerland, Haderslev, Grønhøj, and Vinkel. The captured carbon will be subsequently transported to and stored in Ineos’ CO2 storage facility in the North Sea.
Under the terms of the agreement, BioCirc will deliver 100,000 CRUs per year to Microsoft from the second half of 2026 to 2032, with a partial delivery in 2026 due to the project's start date.
"BioCirc's project offers a permanent and scalable approach to CO2 removal while contributing to a broader transition of the energy system. Scalable, high-quality CO2 removal solutions with high traceability, like BioCirc's, are crucial for the development of a robust global market for carbon removal," says Phillip Goodman, director of Carbon Removal Portfolio at Microsoft.
