UK Bankrolls Undersea Storage of Carbon
The UK government has signed a multi-million-dollar carbon capture and storage deal with Shell as part of its Carbon Capture and Storage (CCS) project. The Peterhead Gas power station in Aberdeenshire will be the first gas plant in the world to capture carbon dioxide on an industrial scale and pipe it under the sea where it will be stored.
The Peterhead project is the second of two projects to be funded under the UK’s CCS competition. The White Rose CCS Project in Yorkshire is the other project.
Over the next two years, the government is investing around $167 million from a $1.67 billion CCS budget, with additional industry investment, to plan, design and engineer the UK’s first CCS projects.
Fossil fuels form 60-70 percent of the UK’s energy mix, and will continue to be important, but the government sees CCS as a key strategy to reduce carbon emissions while still using domestic gas. It also offers a new future for the North Sea by turning old oil and gas fields into CO2 stores.
- Existing Building Technologies Combine for Increased Savings
- Increase the Value of Demand Response Through Automation
- 2014 Environmental Leader Product and Project Awards
- Improve Your Company's Environment and Energy Performance
- Verdantix Green Quadrant for EHS Software
- Unlocking the Value of Energy & Operational Data
- Let's Do The Math for DR
- Smart Companies Utilize Integrated Energy Solutions
- Combined Heat and Power
- How "Fixed" is the Fixed Price Product?
- Connected Buildings, Connected People: A Look to the Future
- Cut Costs and Improve Facility Operations with Energy Data
- Energy Procurement Strategies for Winter 2014 and 2015
- Energy Efficiency Requires Engineering Efficiency
- Integrated Building Optimization: A Crucial Convergence of Demand-side and Supply-Side Energy Management Strategies