About us
Established in 2022, CarbonCuts is a Danish company planning to develop and operate 'Project Ruby,' a CO2 storage facility in the Rødby Structure in Lolland. The area has been designated by the Danish state for its geological suitability for CO₂ storage. Rødby Structure is ideally located to import and permanently store CO2 from both Denmark and the Baltic region.
The Danish Energy Agency is expected to issue a license to explore the area in 2024. CarbonCuts has applied for such license. Headquartered in Kgs. Lyngby and as a subsidiary of BlueNord, which owns a significant share of the Danish Underground Consortium (DUC), CarbonCuts has access to extensive knowledge of the energy sector and the Danish subsurface. BlueNord's insights and capital strengthen CarbonCuts' position as a CO₂ storage operator
Management
Ken Wesnæs is the CEO and founder of CarbonCuts. With a background of more than 30 years in the energy sector, he brings strong leadership experience from a long career, including project management of international and cross-disciplinary teams working on the maturation and development of multi-million-dollar projects in the offshore oil and gas industry. During the years, Ken has worked for BlueNord (previously known as Noreco), Shell, Hess and Ørsted/DONG. He holds a degree in chemistry from The Technical University of Denmark, DTU.
Ross Dobbie is Head of Corporate Finance at BlueNord, CarbonCuts lead investor. Located in London, he holds the role as acting CFO for CarbonCuts as part of his role at BlueNord. He has extensive experience as a strategic advisor in financial decision-making and worked many years as investment banking advisor in the energy industry (E&P and energy industry services). Ross trained and worked as an accountant in Scotland, and further holds a BA in Law from the University of Glasgow. He also worked for BMO Capital Markets, Simmons Energy (now Piper Sandler Energy), Johnston Carmichael and Deloitte.
Jesper Meyer has a degree in mathematics from the University of Copenhagen, and holds a MSc in Technological Entrepreneurship from the Technical University of Denmark. He has several years of experience from the Danish navy.
Board of Directors
Allan is Head of Commercial at BlueNord and has more than 20 years experience from commercial and finance roles in the energy industry working with Shell for 16 years. Allan has a MSc in Business Management and Commercial Law from Copenhagen Business School and an Executive MBA in Global Business from Alliance Manchester Business School (UK).
Erling H. Stenby has been a professor of applied thermodynamics at the Technical University of Denmark for more than 25 years and head of internationally recognized research activities for even longer. He has a strong track record in industry/academic collaboration. Since 2010, he has been head of DTU Chemistry. Erling is a civil engineer (Chemistry) and a Ph.D. from DTU, as well as a member of the Academy of Technical Sciences.
Maj Wendorff is a trained geoscientist with 25+ years of experience in the global energy sector. She has held executive leadership roles focusing on technical quality assurance, guiding major investment decisions, shaping company strategy, and optimising organisational structures to fit new opportunities generated by the energy and climate agenda. She holds degrees in Geoscience from the IFP School in Paris and the University of Copenhagen as well as diplomas in Board Leadership from CBS and from the INSEAD executive management programme. She currently holds a position with Rambøll as Head of CO2 storage.