A business group has renewed demands that government must put support behind low carbon projects in the north east that will "shift the dial" as concerns have been raised that confidence in key low carbon technologies such as carbon capture and storage (CCS) has faltered, a new report has found.
UK energy minister Greg Hands said further updates on carbon capture and storage (CCS) funding critical to north-east Scotland’s Acorn project will come later this year, after the government's Energy Security Strategy offered little new for the sector.
BP (LON: BP) has awarded engineering contracts for the Northern Endurance Partnership (NEP) and East Coast Cluster (ECC) carbon capture, utilisation, and storage (CCUS) projects.
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.
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.
By Steve Scrimshaw, CEO at Siemens Energy UK & Ireland
The UK Government is calling upon a ‘spirit of innovation’ to develop technology and solutions for the growing UK carbon capture, usage and storage (CCUS) market at a pace never seen before.
Offshore procurement specialist Craig International, of Aberdeen, is to deliver two new contracts worth a total of more than £5 million through its fledgling Ecobuy service.