European energy security faces a seemingly impossible task of meeting short-term demand with longer-term decarbonisation. Society does not have the luxury of declaring this to be impossible, though, so must take steps now to meet the challenges.
Eni’s UK subsidiary has signed 19 memoranda of understanding (MoUs) related to carbon capture and storage as part of the HyNet North West project, which won government backing last year.
With carbon capture, utilisation and storage an essential component of delivering the UK’s net zero commitments, attention is now turning to project delivery - as an upcoming Aberdeen event will explore.
Is there a space for carbon capture and storage (CCS) as a service? Recently formed Lapis Energy is betting there is, eyeing opportunities in the US, UK, Europe and South East Asia.
Neptune Energy has announced a feasibility study into plans for a large-scale offshore carbon capture and storage (CCS) project in the Dutch North Sea.
Increased funding from the EU and national governments have boosted the prospects for carbon capture technologies in Europe. Three projects in the Netherlands, Norway and UK could be operational by 2024.