Page 15 - EurOil Week 42 2021

EurOil ENERGY TRANSITION EurOil

UK selects first CCUS projects

for funding

UK THE UK has announced that two carbon cap- “As one of the first industrial decarbonisation
ture utilisation and storage (CCUS) projects in clusters, we will establish the blueprint to decar-
The UK government England will be included in the first stage of its bonise our industry and position the UK as a low
aspires to have at least programme to decarbonise industrial clusters, carbon global leader,” Parkin said.
two CCUS projects meaning they will gain access to a £1bn ($1.4bn) However, another CCUS scheme in Scotland,
in operation by the infrastructure fund. But another project in Scot- and the only one in the UK to have entered the
mid-2020s. land which had been seen as a frontrunner has FEED phase, Acorn CCS, will miss out on the
instead been designated as a backup option. first round of funding and has instead been des-
The UK government aspires to have at least ignated as a reserve cluster.
two CCUS projects in operation by the mid- “While we are disappointed with the outcome
2020s and at least four by the end of the decade, of the sequencing bid, we remain convinced of
in order to capture as much as 30mn tonnes of the potential and significant advantages of the
CO2 annually and store it safely underground. Scottish Cluster and are committed to the devel-
It has selected the East Coast Cluster and HyNet opment of CCS to support decarbonisation
North West projects as the first priorities. of the UK industry and power,” Nick Cooper
East Coast Cluster is expected to tackle as head of Acorn CCS developer Storegga, said in
much as half of UK industrial cluster CO2 emis- a statement. “We have been very clear that all of
sions. Its developer Northern Endurance Part- the current clusters need to be operating to meet
nership, comprising BP, Eni, Equinor, National UK net zero targets and will be seeking support
Grid, Royal Dutch Shell and TotalEnergies, esti- to progress as soon as possible.”
mates that it will also generate tens of thousands Acorn CCS has already lined up a number
of jobs and position the UK as a leader in the of customers. Most recently, Shell and the other
energy transition. developers of the Project Cavandish blue hydro-
HyNet, meanwhile, will create 6,000 jobs and gen scheme signed a memorandum of under-
will “kickstart the hydrogen economy,” project standing on October 12 to use the project to
director David Parkin said in a statement. abate their emissions. ™

Week 42 21•October•2021 www. NEWSBASE .com P15