These projects represent another step forward for BP’s overall investment plans in the UK. They harness the skills, talent and determination of an established industrial region and apply them to the UK’s own energy transition. We’re proud of the potential of these projects to help stimulate ...
Funding worth up to pound 8 billion for the development of carbon capture and storage(CCS)projects across Europe is part of the climate protection deal agreed last month between the European Union's 27 heads of states.The agreement means CCS demonstration projects can be financed using'surplus'...
We’re helping deliver this by leading one the UK’s first Carbon Capture and Storage (CCS) clusters to safely transport and store millions of tonnes CO2 emissions.
OEUK urges government to support a clear funding path for carbon capture (Feb 14 2025)Industry body Offshore Energies UK (OEUK) is asking the Chancellor to stick to commitments to back two additional major CCUS projects in North-East Scotland and the Humber ahead of the Comprehensive Spending...
The UK government published an update to its CCUS business models in May 2021. It is through these business models that the UK government seeks to support the deployment of CCUS projects. The cost of the shared T&S infrastructure is passed through to connecting carbon capture projects by way of...
usage and storage (CCUS) cluster sequencing are disappointing and puts projects like the Acorn carbon capture and storage (CCS) and hydrogen project at risk. As part of Scottish Cluster, Acorn is critical to meeting the decarbonisation objectives of not just Scotland but the UK as a whole. ...
In March 2023, H2Teeside was selected as one of three Track-1 Capture Projects to proceed to negotiations for UK Government funding support from the Department for Energy Security & Net Zero (DESNZ), for the East Coast Cluster as part of Phase 2 of the cluster sequencing...
This IDTechEx report characterizes CCUS markets, technologies, and players, providing coverage across point source carbon capture, direct air capture, CO₂ storage, CO₂ transportation, and emerging CO₂ utilization. It reveals significant momentum
A portion of these research dollars were applied to the development of products and solutions intended to respond to and capture opportunities including those discussed above. 6.1g Please explain why you do not consider your company to be exposed to opportunities driven by changes in regulation that...
theguardian.com/uk Shell to spend $450m on carbon offsetting as fears grow that credits may be worthless The fossil fuel firmShellhas set aside more than $450m (£367m) to invest in carbon offsetting projects, and plans to spend the equivalent of half the current market for nature offse...