A new report on UK carbon capture and storage (CCS) progress finds its ample pipeline and sound ambition could yet be undermined by the risk of delays and cancellations.
A new report finds that the UK’s carbon capture and storage (CCS) capacity is likely to fall short of 2030 targets and complains of ‘disproportionate’ support for blue hydrogen schemes over electricity generation.
The Acorn CCS project in Aberdeenshire is to expand after being awarded fresh carbon storage licences in the North Sea.
In 2019, the United Kingdom took a pioneering step by enacting legislation for achieving net zero emissions by 2050, establishing itself as a global leader in climate policy.
The Goldeneye pipeline previously carried gas from the field it shares a name with and is now set to store carbon emmissions in the North Sea
“This green light means we know that we can just get on with it now.”
New reforms proposed for the UK’s emissions trading scheme (ETS) would see carbon-removing technologies added to the market, in a move aimed at boosting investment in the sector.
Wood’s teams have completed CCS studies for more than half of the 300 carbon-capture facilities being planned worldwide.
Having warned the UK government over its “lacking” progress on hydrogen, the Scottish Affairs Committee again pressed the need for interim production targets out to 2030 and 2050.
North and north-east Scotland aim to be at the centre of the emerging hydrogen economy – but where will all those low-carbon energy supplies come from?
Minister for energy, Gillian Martin, told an Aberdeen event that she is “bitterly disappointed” with the lack of information from the UK government on the carbon capture track 2 process.
Mr Yousaf will use his speech at All-Energy to call for an “accelerated timetable” for the Acorn CCUS scheme and match funding for the the Scottish Government’s £500 million Just Transition Fund for the North East and Moray.
Firms with a licence to drill in the North Sea will report findings of what lies beneath the North Sea to help put together a ‘treasure map’ to support the UK's carbon capture and storage efforts.
Offshore Energies UK will host its first dedicated event on carbon capture and storage (CCS) next month, as it looks at next steps for the emergent sector.
ScottishEnterprise and Peterhead Port Authority have commissioned a study on the opportunities the energy transition can bring the area.
A consulting arm of Halliburton has estimated that developments linked to Scottish CCS could amount to drilling work worth around $1bn.
The minister of state for energy security and net zero, Graham Stuart, visited Aberdeen this week to meet with industry leaders.
Every north-east SNP politician at Westminster and Holyrood has accused the UK Government of failing to give credible details on giving the green light to a major energy scheme.
Recently appointed Shell (LON: SHEL) chief executive, Wael Sawan, is bringing its low carbon and renewables energy roles under one management.
Backers of the Scottish Cluster and the north-east’s Acorn carbon capture project welcomed news that the scheme is a frontrunner for the government’s Track 2 funding process.
A new roadmap calls for up to £9bn of investment to help decarbonise Scottish industrial sectors, but again highlights the essential role of the Acorn project in the cluster’s approach.
A defining moment doesn’t happen often. But Spring Budget 2023 will likely be viewed from mid-century as the time when the UK fully committed to Carbon Capture and Storage.
Chancellor Jeremy Hunt vowed to commit £20bn to carbon capture technology over the next two decades, alongside new support for small modular nuclear reactors (SMRs).
Scottish politicians urged Westminster to unlock funding for the Acorn carbon capture and storage project in the upcoming Budget and slammed slow progress on low-carbon development.
Scotland’s First Minister is upbeat about the prospects for a major north-east decarbonistion project, amid growing uncertainty about its future.