The UK carbon capture and storage sector needs certainty "before Christmas" to ensure projects like Acorn and Viking CCS can move forward, according to industry body CCSA.
In the race to meet climate targets and secure a resilient energy supply, the UK and Norway have emerged as pivotal partners, leveraging their shared North Sea resources to drive innovation and economic growth.
By Matt Browell-Hook, energy transition director at Spirit Energy
Having had a front row seat for the growth of the UK’s carbon capture and storage (CCS) sector for a number of years now, it is great to see increasing recognition from Westminster of its crucial role in decarbonising British industry. This is especially true for cement manufacturing.
The UK is open to private sector investment in the still nascent carbon, capture and storage (CCS) industry, minister for energy security and net zero Philip Hunt told investors this week.
BP PLC has warned that it expects profit margins to slump this quarter due to a fall in oil trading and is instead relying on an unlikely source of growth, electric vehicles, to steady the ship this year.
Ministers said while speaking at the International Investment Summit today that the new government will turbocharge investment in green energy technologies and rip up red tape.
Prime Minister Keir Starmer said on Thursday that the government has secured more than £24 billion of private investment in domestic clean energy projects ahead of next week’s investment summit.
Two projects in the North of England aimed at sequestering carbon and producing hydrogen have won the full-throated support of the UK government and a pledge for nearly £22 billion over the next 25 years.
A group of leading climate scientists have called on the UK government to pause its £1 billion investment plans for carbon capture utilisation and storage (CCUS) over concerns that the technology is unproven.
Energy Voice speaks to Richard Gwilliam, UK BECCS programme director at Drax Group, to discuss exactly what it will take to decarbonise the Humber industrial region.
Two UK Track 1 carbon capture, utilisation and storage (CCUS) projects have pushed towards final approval after the Department for Energy Security and Net Zero (DESNZ) proposed offering them CO2 transport and storage licences.
Essex-based fuels, oils and lubricants provider New Era Energy will invest £40m to propel its ambitions to become one of the UK’s leading sustainable fuel brokers.
The warning about October’s budget sent out by Sir Keir Starmer will scarcely have gone unnoticed in the energy sector. How will the “black hole” affect plans and policies that are essential to Labour’s fundamental commitment to the energy transition?
My first ONS conference in Norway brought one key issue into sharp focus: energy firms are sitting on an asset that could make a huge difference to our drive towards sustainability.
ETZ Ltd has awarded £1.47 million in grants to ten North East Scotland firms as part of the Challenge Fund focused on driving the energy transition and creating jobs.
By Richard Barker, development director at Peel NRE
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As the new Labour government outlines plans for publicly owned carbon capture projects, Peel NRE development director Richard Barker looks at the role of the technology in reaching net zero and how plans are progressing on the ground.
The Drax power station in Yorkshire receives £550 million per year in green subsidies despite being the largest single carbon emitter in the UK, a report has found.