When calculating the evaluation-technical supplement, what two taxes are factored into the total tax savings?
What are the CO₂ Tax and the Emission Tax?
(Ref: Appendix A, sec. 2.2.1)
DAILY DOUBLE: This “COD” isn't a fish — it's the crucial date your full value chain must be operational.
What is the Commercial Operation Date?
This is the per-tonne payment offered by the Operator to capture and store CO2.
What is the Offered Rate?
This type of carbon capture involves using a solvent to absorb CO2 from flue gases, typically in power plants or industrial facilities.
What is Amine-based Carbon Capture?
Who is going to have the lowest Subsidy Rate for the CCS-pulje?
Aalborg Portland
If the DEA identifies that actual carbon credit income exceeds baseline income, how much of the excess is deducted from the subsidy?
What is 90% of the excess Carbon Credit income?
(Ref: Appendix 5, sec. 3.6.1)
DAILY DOUBLE: If your project reduces CO2 emissions with biogenic share, you might earn these tradable goodies.
What are Carbon Credits?
This rate is proposed by the Operator during the bidding process, but the actual amount paid per tonne of CO₂ may end up lower after deductions for EUA savings, tax savings, and carbon credit income.
What is the Offered Rate?
The Offered Rate is the maximum baseline per-tonne subsidy proposed by the Operator in Appendix 6.
The Subsidy Rate, on the other hand, is the actual adjusted amount paid by the DEA, calculated
In terms of efficiency and scalability, this is the major advantage that High-Pressure Carbon Capture systems often have over amine systems, especially for large-scale plants.
What is lower energy consumption in CO2 compression and separation?
This is the most commonly used phrase in a consultant's vocabulary, often followed by a vague round hand wave and a hopeful look.
What is "Let's circle back on that"?
Name the three scenarios under which the DEA will perform additional deductions due to allowance savings linked to biogenic or atmospheric CO₂.
What are:
Participation in ETS becomes mandatory for biogenic CO₂
Participation in ETS becomes voluntary for biogenic CO₂
Participation in ETS becomes voluntary for atmospheric CO₂
(Ref: Appendix 5, sec. 9)
This type of project involves redeveloping or upgrading existing infrastructure or land, often presenting more complexity due to legacy systems or environmental constraints.
What is Brownfield?
If the market value of EU carbon allowances goes up, your subsidy might do this.
What is decrease (due to deduction)?
This method of carbon capture involves cooling gases to very low temperatures to separate CO2 from other gases, typically resulting in a highly concentrated form of CO2.
What is Cryogenic Carbon Capture?
This fruit is technically a berry, but people still treat it like a vegetable, even though it's technically a fruit, and the debate rages on.
What is a tomato?
DAILY DOUBLE: What is the full formula used to calculate the Subsidy Rate under standard conditions (without ETS changes), including all adjustment variables?
Subsidy Rate = Offered Rate – (ΔSavingsEUA + ΔSavingstax) – 0.9 × Excess_incomeCarbonCredits
(Ref: Appendix 5, sec. 3.6.1)
This contract structure has the private entity hand back the infrastructure asset to the public sector after an agreed term.
What is BOOT (Build-Own-Operate-Transfer)?
DAILY DOUBLE: These are the two main evaluation criteria used to score offers: one’s about money, the other’s about readiness -> what are the name and %?
What are Subsidy (80%) and Project Maturity (20%)?
This carbon capture method uses a potassium carbonate solution at high temperatures to absorb CO2 from flue gases, offering advantages in reducing energy consumption compared to traditional amine-based systems.
What is Hot Potassium Carbonate (HPC) carbon capture?
DAILY DOUBLE: This is the only animal that can’t jump, despite having legs.
What is an elephant?
What key difference distinguishes “Forecast Fossil EUA Fraction” from “Actual Fossil EUA Fraction” in subsidy calculations?
The Forecast is used for quarterly invoicing; the Actual is used for final settlement.
(Ref: Appendix 5, sec. 7)
In this PPP model, ownership of the asset remains with the public sector, and the private party is paid via milestone or availability-based payments.
What is DBO (Design-Build-Operate)?
Name the three major components deducted from the Offered Rate to calculate the Subsidy Rate.
What are EUA savings, CO2-related tax savings, and excess carbon credit income?
DAILY DOUBLE: The CO₂ captured in carbon capture technologies is typically stored in this underground geological formation.
What is a saline aquifer?
If you could travel at this speed, you would circle the Earth 36 times in one hour.
What is the speed of light?