Nine months after the UK government allocated £2 billion to green hydrogen projects, industry has raised concerns about delays and regulatory hurdles putting the bids that succeeded in winning funding projects at risk.
The Scottish Government funding will support the development of a green hydrogen hub in Moray.
The Scottish government has announced £2 million in funding for the Acorn carbon capture and storage (CCS) project centred on the St Fergus gas terminal.
A plan to use carbon capture technology to create a Scottish net zero industrial cluster could bring an estimated £17.7 billion in economic benefit to the UK economy by 2050.
Carbon capture and storage (CCS) firm Storegga has named Tim Stedman as its new CEO.
Storegga hopes to take a key investment decision on the Scottish carbon capture scheme in 2025
Bridges and Bottlenecks is the latest podcast series by Energy Voice Out Loud in partnership with DNV. Each episode looks to address the hard-hitting issues within the energy transition. Technology exists that will be the bridge to take us there, but there are still a number of bottlenecks that stand in the way of progress.
Carbon capture firm Storegga is a partner in the Acorn and Trudvang CCS projects
The firms behind the Acorn carbon capture and storage (CCS) and hydrogen joint venture have announced Nic Braley to lead its project team.
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.
No CO2 has been sequestered, no FID has been taken and no commercial scale projects are in operation. At the event, speakers set out their hopes for projects to reach FID by this time in 2024.
Bank of England governor Andrew Bailey has visited Peterhead port for a brief on the carbon capture and storage ambitions of the north-east of Scotland.
The Acorn CCS project in Aberdeenshire is to expand after being awarded fresh carbon storage licences in the North Sea.
“This green light means we know that we can just get on with it now.”
The project partners of the Acorn CCS development, selected today for Track 2 of the UK Government’s £1bn funding competition, have hailed it as a “defining milestone”.
Aberdeen-based Storegga doubled down on spending during 2022 as its costs and investments surged.
New reforms proposed for the UK’s emissions trading scheme (ETS) would see carbon-removing technologies added to the market, in a move aimed at boosting investment in the sector.
North and north-east Scotland aim to be at the centre of the emerging hydrogen economy – but where will all those low-carbon energy supplies come from?
Backers of the Scottish Cluster and the north-east’s Acorn carbon capture project welcomed news that the scheme is a frontrunner for the government’s Track 2 funding process.
Funding for a 3GW hydrogen production site in Kintore, alongside projects to decarbonise Highland transport and whisky, has been unveiled.
Sval Energi, Storegga and Neptune have applied for a CO2 storage licence in the Norwegian North Sea as part of the country’s recent acreage round.
Screening legacy wells can be more important than 3D seismic when picking storage areas, Elaine Campbell said. “They provide valuable data but they’re also likely to be the highest risk to containment,” the Storegga official said.
In 2015, we set the goal of limiting global warming to less than 1.5 degrees Celsius. However, the latest UNFCCC estimates show that we are far exceeding this limit.
A consortium of North Sea companies have launched a new initiative to create a “Hydrogen Highway” from Scotland to Rotterdam.
Japanese trading house Mitsui is seeking carbon storage sites across Asia Pacific as it aims to sequester 15 million tonnes per year by 2035 for companies in Japan.