Innovation Lab

CCS Baltic Consortium

SUMMARY

The CCS Baltic Consortium project (Project) aims to significantly reduce CO2 emissions from Lithuania and Latvia by developing, the first in the region, a cross-border carbon capture and storage (CCS) infrastructure. CCS value chain, created by the Project, will be used widely in the region and will contribute to resolution of climate issues on a larger scale.

PROJECT

Molecules: CO2

Status: Planned

LOCATION

Country: Lithuania

Port Authority: Port of Klaipeda

COMPANIES

GLE Member: KN Energies

Other Members: Akmenes cementas AB, Larvik Shipping AS, Ltd., Mitsui O.S.K. Lines, SCHWENK Latvija SIA

OTHER

No tags assigned to this observatory post.

Downloads
no downloads

KEY FIGURES

The CO2 will be captured at cement plants operated by SCHWENK Latvija (LV) and Akmenes Cementas (LT).
On-shore transportation is primarily planned via pipelines, with alternatives for smaller emitters in an open-access value chain.
CO2 will be transported and stored at the multimodal LCO2 terminal, operated by KN Energies (LT) at Klaipeda seaport.
LCO2 will be shipped to offshore storage by Mitsui O.S.K. Lines (JP) and Larvik Shipping (NO).

Project description

The CCS Baltic Consortium was formed in 2022 to build a CCS value chain in Lithuania and Latvia for capturing CO2 from industrial sources and transporting it to offshore storage in the North Sea.

Currently, Lithuania, Poland, and Latvia prohibit underground CO2 storage. As a result, CCS is a key pathway for decarbonization in these regions.

The project has received Project of Common Interest (PCI) status from the European Commission, recognizing its EU-wide climate importance.

TIMELINE

First phase of the project

Project partners are conducting technical and commercial studies to determine the best CO₂ capture technologies, costs, and storage options.
Cooperation has been established with Lithuanian and Latvian TSOs (Amber Grid and Conexus Baltic Grid) for pipeline transport planning.

The final investment decision is expected by end of 2027, with CO₂ capture and export operations planned for 2030.