The developers of the Acorn project say they hope the scheme can be online by 2027 but are wary of further delays to government support packages, as ministers met this week to discuss decarbonisation efforts.
Hydrogen partners ScottishPower and Storegga have backed Opportunity Cromarty Firth’s (OCF) green freeport bid although the carbon storage specialist is also supporting a rival Aberdeen and Peterhead harbour application.
Malaysian national oil company Petronas has signed a memorandum of understanding with Japan’s Mitsui for the conceptual and feasibility studies on the carbon capture and storage (CCS) value chain, including the evaluation of carbon dioxide (CO2) storage sites in Malaysia. Significantly, Mitsui is a shareholder in UK-based carbon management business Storegga, that is developing the Acorn CCS project.
Storegga, the company behind the Acorn CCS facility near Peterhead, has signed a “groundbreaking” collaboration deal with Aker Carbon Capture (OSLO: ACC).
Partners behind an ambitious plan to create 30,000 jobs across the north east have called for governments in Holyrood and Westminster to back its proposal to create a "green freeport" in Aberdeen and Peterhead.
Storegga is behind multibillion-dollar emissions-busting plans for north-east Scotland, including the Acorn carbon capture and storage (CCS) project. CEO Nick Cooper sits down with Energy Voice to assess the landscape.
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.
Leaders from across the energy sector praised measures outlined in the Queen’s Speech to accelerate renewables and net zero efforts, but decried a lack of efficiency measures and short-term support for consumers.
Energy chiefs have given reassurance that while the pipeline of carbon capture and storage (CCS) projects is currently “modest”, it is “growing rapidly”.
ScottishPower and Storegga, the firm behind the Acorn carbon capture project, have announced a green hydrogen partnership to “transform” industry in the Highlands.
Storegga has signed a memorandum of understanding (MoU) with the Alliance for Sustainability Leadership in Education (EAUC), which will support its plans to build a direct air capture project in Aberdeenshire.
The head of carbon capture developer Storegga says the UK is “sitting on an opportunity” to capitalise on its expertise and resources in deploying CCS.
A project that promises to deliver thousands of north-east jobs as well as ensure Scotland meets its net zero targets will happen “as soon as practical”, despite losing out its first bid for UK Government funding last year.
Delegates at an Energy Voice event Thursday afternoon heard how a range of technologies, from AI to smarter valves, are enabling the sector in its journey to net zero.
By Jean Morrison MBE, AREG Chairperson and David Rodger, AREG CEO
As AREG approaches its 20th anniversary supporting renewable energy projects and supply chain members transition from oil and gas to the renewable energy sector, there has been an increasing sense of urgency around climate change and the need to transition from fossil fuels to renewable energy, as well as widespread government and community interest around COP26 in November.