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The permit awarded to the Bonparte CCS Assessment joint venture will enable the companies to carry out evaluation and appraisal work, set to begin in 2023
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Two clusters are being built based on the Prime Minister’s Ten Point Plan
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The Department of Energy believes mine land offers an important opportunity to spur economic development and create jobs in clean energy industries
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They will jointly own and run Triton Power – which operates the 1.2GW combined cycle gas turbine Saltend Power Station in East Yorkshire – on a 50:50 basis
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The modernised treaty will ensure investments in new fossil fuel projects do not get legal protection and will instead have ‘a much stronger focus’ on promoting clean and affordable energy
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Carbon8, a spin-out from the University of Greenwich in London, has developed and commercialised a technology that combines industrial residues with captured carbon emissions to produce high-value minerals
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They join existing contributors from the UK, Netherlands, US, Australia, Canada and Brazil, with each research and technology centre offering their unique perspective on the energy transition and journey towards creating integrated energy systems
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The CCUS Innovation 2.0 programme aims to accelerate the deployment of next-generation technology in the UK so that it can deploy at scale by 2030
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They plan to consider geothermal technologies, CCUS, as well as hydrogen development, storage and transport
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The two companies will explore opportunities to develop new carbon capture technologies, share knowledge and collaborate more closely to generate and follow-up on new ideas
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Both the companies have a shared goal of accelerating the development of a functioning marketplace for CCUS and believe the combined technical expertise will allow to further strengthen these efforts
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Carbon Clean’s technology is designed to reduce the costs and physical footprint required for carbon capture compared with many existing approaches
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