Net Zero economy grew 9% in 2023 to be worth £74bn, report says
The “net zero economy” - from renewables and electric cars to green finance - grew 9% in 2023 to contribute £74 billion to the UK, a report has shown.
UK
Carbon Capture Scotland signs Danish CO2 deal as UK policy stalls
“Instead of waiting for the government like everyone else is doing, we're being proactive and just getting on with it."
Former NSTA operations boss joins CCS engineering venture
Carbon Circle UK has appointed Scott Robertson as its general manager, as the venture looks to support the UK’s growing roster of energy transition projects.
‘CCS-hub’ Magnus platform could be powered by geothermal – study
EnQuest’s Magnus platform has potential to be powered by geothermal energy if converted for carbon capture and storage (CCS), a study has found.
EET targets September for hydrogen FID at HyNet
“What we’re finding now are new businesses and new opportunities are saying ‘if you can do these hydrogen plans, we will come and locate to the region’. That’s a new dynamic we didn’t have a year ago.”
UK Government urged to allow more scrutiny of climate plans
Members of Parliament want more say on government plans to achieve emissions cuts in the run-up to 2050, the nation’s legally binding net-zero target date.
UK underwater sector ready to navigate the ‘Blue Frontier’ at Subsea Expo 2024
The challenges and opportunities facing the global subsea sector are being likened to space exploration as companies push the boundaries of what's possible in Earth's final, 'blue' frontier.
Storegga: ‘No impact’ to Acorn CCS from Grangemouth refinery closure
Storegga hopes to take a key investment decision on the Scottish carbon capture scheme in 2025
Viking CCS project awards FEED contract to Technip Energies
The developers behind the Viking carbon capture and storage (CCS) project have awarded a front end engineering and design (FEED) contract to French firm Technip Energies.
Labour would need £8 billion to deliver green plan within rules
The Labour Party needs to find at least £8 billion ($10 billion) to deliver its green-investment plan, a new analysis shows, underscoring why UK opposition leader Keir Starmer may be mulling changes to the initiative.
UK approves Drax plans for bioenergy CCS project in Yorkshire
Carbon emissions captured from the Drax Power Station bioenergy units will be stored offshore as part of the Northern Endurance Partnership CCS project led by BP and Equinor.
UK climate watchdog chief Chris Stark to resign with goals in doubt
The head of the UK’s Climate Change Committee Chris Stark will resign as the government struggles to put the country on a trajectory to reach a goal of net-zero carbon emissions by 2050.
Dealmakers’ view: What impact will the general election have on UK energy investment?
Upstream oil and gas is the main segment of the UK offshore energy industry likely to be impacted by uncertainty of a general election, top dealmakers have said.
Andy Burnham tells Starmer ‘stick to your guns’ on £28 billion green investment
Sir Keir Starmer has been urged not to backtrack on his plans to invest £28 billion in green projects, by Labour’s Greater Manchester mayor Andy Burnham.
UAE state-owned oil firm ADNOC invests in UK carbon capture firm Storegga
Carbon capture firm Storegga is a partner in the Acorn and Trudvang CCS projects
Nic Braley appointed to lead Acorn CCS project team
The firms behind the Acorn carbon capture and storage (CCS) and hydrogen joint venture have announced Nic Braley to lead its project team.
NSTA carbon storage licensing projects start to lock in industrial partners
The UK government outlined its CCUS Vision in December, but where will the carbon set to be stored in offshore sites be sourced from?
Orcadian floats CCS-equipped gas to wire plans in Southern North Sea
Plans would see a converted jack-up used to house power and CCS equipment, with electricity output tied into a nearby wind substation.
Row as CCUS given zero funding in Scottish budget
The Scottish Government has not allocated any Budget funding to carbon capture, utilisation and storage (CCUS), blaming ongoing questions over the timing of Westminster support.
Progress for Acorn, Viking as government unveils ‘CCUS Vision’
The UK government has set out the next steps towards developing a ‘self-sustaining’ CCUS market from 2035, alongside updates on its cluster sequencing process.
Acorn backers explore route to ship and store CO2 with Uniper
Developers of the Acorn CCS project have signed a deal with Uniper that could see emissions from a UK power station captured and shipped north for storage.
SSE Thermal takes 50% stake in H2NorthEast blue hydrogen project
SSE Thermal will develop the scheme with Aberdeen-headquartered infrastructure firm Kellas Midstream.
OEUK report outlines North Sea clean energy skills potential
The North Sea's skilled oil and gas specialists must be retained to power the transition to clean energy, according to a report released by Offshore Energies UK (OEUK) today.
Plans unveiled for £800m carbon capture project at Yorkshire waste-to-energy plant
Waste-to-energy operator Enfinium said the carbon removal project will remove the equivalent of the carbon emissions of "every household in Manchester out of the atmosphere"
Edinburgh University leads EU funded carbon removal collaboration hub
University of Edinburgh researchers spearhead €5.2 million EU-funded project to establish European carbon removal market.