The UK has the potential to be a global leader in carbon capture and direct air capture technologies – but large-scale projects must be developed rapidly if our net zero goal is to be achieved.
Storegga Geotechnologies is on course to make a final investment decision (FID) on a trailblazing carbon, capture and storage (CCS) project in the first half of next year.
Energy services firm Petrofac has signed a Memorandum of Understanding (MoU) with Storegga Geotechnologies in an effort to drive new clean energy developments.
Pale Blue Dot Energy (PBD) has gained "financial heft", with backing from an Australian investment giant to help deliver one of the UK’s first major CCS projects.