Monday, December 23, 2024

First commercially viable UK carbon storage scheme gets green light

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Britain’s first commercially viable carbon storage facility has been given the green light, as part of a £4 billion scheme to capture millions of tonnes of CO2 and store it under the North Sea.

In a significant milestone towards making carbon capture and storage a reality, regulators have granted a consortium, led by BP, a permit to begin pumping CO2 in a site nearly a thousand metres below the seabed off the coast of Yorkshire.

The first carbon is expected to enter the site within four years — with permission to “inject” up to four million tonnes of CO2 a year for 25 years.

The decision should open the way to build the world’s first “net-zero” gas-fired power station in Teesside with the emissions captured

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