The government is rightly pressing the urgency of the country’s energy security challenge. It is imperative we also use this as an opportunity to make large and purposeful strides towards our net zero obligations. In his recent letter to the oil and gas industry - 'Accelerating investment to protect Britain’s energy security' - Kwasi Kwarteng calls for the industry to “double down on investments in the clean energy transition”. Key to this is the acceleration of our home grown decarbonisation industry.
Energy chiefs have given reassurance that while the pipeline of carbon capture and storage (CCS) projects is currently “modest”, it is “growing rapidly”.
Future Biogas has selected Saltend Chemicals Park on the Humber Estuary as the site of up to 32 new CO2 storage tanks, as part of an investment worth tens of millions of pounds.
Engineering services giant Kent will partner with geoscience technology provider CGG to examine opportunities for carbon capture development and hydrogen production and supply.
BP (LON: BP) has awarded engineering contracts for the Northern Endurance Partnership (NEP) and East Coast Cluster (ECC) carbon capture, utilisation, and storage (CCUS) projects.
Service sector spending on carbon capture and storage (CCS) developments is set to skyrocket this decade, quadrupling between 2022-25, Rystad Energy research suggests.
By James Richardson, Director, UK Industrial Decarbonisation, Baker Hughes
CCS and CCS-enabled hydrogen will speed transition towards decarbonised energy security, writes James Richardson, Director, UK Industrial Decarbonisation at energy technology company Baker Hughes.
