There are really two options for dealing with carbon emissions. You either avoid them by stopping the burning of hydrocarbons and using something else or, try to collect them as you produce them and hide them away somewhere in the hope they won’t escape. The latter being CCS - carbon capture and storage.
After years of discussion and disappointments, amongst them at least two false dawns, the UK’s carbon capture utilisation and storage (CCUS) industry is starting to fall into place.
There are really two options for dealing with carbon emissions. You either avoid them by stopping the burning of hydrocarbons and using something else or, try to collect them as you produce them and hide them away somewhere in the hope they won’t escape. The latter being CCS - carbon capture and storage.
After years of discussion and disappointments, amongst them at least two false dawns, the UK’s carbon capture utilisation and storage (CCUS) industry is starting to fall into place.
Chevron’s flagship carbon capture and storage project in Australia faces years of work to hit full capacity, underscoring the challenge of a technology seen as necessary to help the world hit climate goals.
Firms with a licence to drill in the North Sea will report findings of what lies beneath the North Sea to help put together a ‘treasure map’ to support the UK's carbon capture and storage efforts.
The European Union and Norway will form a “Green Alliance” to bolster cooperation in clean industries like carbon capture and storage and hydrogen as they look to strengthen the region’s potential as an energy technology hub.
Chancellor of the Exchequer Jeremy Hunt has delivered his Spring Budget, which may disappoint those who wanted to see more support for the UK’s net zero economy.
One area of the energy sector that everyone will be looking at following today’s budget is carbon capture utilisation and storage, however, what does that mean?
Chancellor Jeremy Hunt vowed to commit £20bn to carbon capture technology over the next two decades, alongside new support for small modular nuclear reactors (SMRs).
ViridiCO2, a spin-out from the School of Chemistry at the University of Southampton, has closed a £3 million seed funding round led by EQT Ventures.
A group of companies including payment processor Stripe and CO2 removal company Climeworks have co-founded the Carbon Removal Alliance (CRA) to raise awareness of the potential of carbon dioxide removal (CDR) solutions.