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Carbon storage: innovative megaproject promises to inject 4 million tons per year and reach 100 million in 25 years, starting in 2027!

Written by Rafaela Fabris
Published 11/12/2024 às 18:35

Science and Technology

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Carbon storage: innovative megaproject promises to inject 4 million tons per year and reach 100 million in 25 years, starting in 2027!
The need for this carbon storage arises from the urgency to reduce the concentration of CO₂ in the atmosphere, contributing to mitigating climate change. By creating an infrastructure to capture, transport and inject CO₂ underground, the project helps to preserve jobs and drive a more sustainable economy aligned with energy transition goals. (Image: Reproduction)

North Sea carbon storage advances in groundbreaking megaproject led by energy giants, boosting route to net zero

The UK’s first carbon storage facility is officially underway. The North Sea Transition Authority (NSTA) has granted the Northern Endurance Partnership (NEP), a consortium of BP, Shell and TotalEnergies, the licence to start a groundbreaking megaproject to store CO₂ on a large scale deep sea. Construction is expected to begin in mid-2025, with first injection in 2027 and full operation in 2028.

Located about 75 kilometers east of Flamborough Head on the east coast of England, this innovative storage megaproject carbon dioxide will have the capacity to inject up to 4 million tons of CO₂ per year, for about 25 years, totaling up to 100 million tons.

Installation of offshore infrastructure

The UK’s carbon storage will be located approximately 75 kilometres east of Flamborough Head on the east coast of England, in a saline aquifer approximately 1.000 metres below the seabed. In Brazil, although there are potential carbon storage sites in similar geological reservoirs and aquifers, more detailed geological mapping, robust regulations, financial incentives and cooperation between government, business and research institutions are required to make such projects viable. This involves creating the appropriate infrastructure and partnerships that make this solution technically and economically viable, contributing to the reduction of CO₂ emissions and advancing the national energy transition.
The UK’s carbon storage will be located approximately 75 kilometres east of Flamborough Head on the east coast of England, in a saline aquifer approximately 1.000 metres below the seabed. In Brazil, although there are potential carbon storage sites in similar geological reservoirs and aquifers, more detailed geological mapping, robust regulations, financial incentives and cooperation between government, business and research institutions are required to make such projects viable. This involves creating the appropriate infrastructure and partnerships that make this solution technically and economically viable, contributing to the reduction of CO₂ emissions and advancing the national energy transition.

The license granted, combined with the Economic License from the Department of Energy Security and Net Zero, allows the installation of offshore infrastructure, including 145 kilometers of subsea gas pipelines, as well as compressors and an onshore CO₂ collection network.

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This initial infrastructure supports three major carbon capture initiatives in the Teesside region: NZT Power, H2Teesside and Teesside Hydrogen CO2 Capture. It is all part of a wider carbon storage effort at Endurance, a saline aquifer around 1.000 metres below the seabed that is part of the East Coast Cluster, a key feature of the UK government’s Track 1 programme.

Carbon storage is no longer just a concept

For Stuart Payne, CEO of NSTA, the completion of the licensing is a historic milestone, as carbon storage ceases to be a distant concept and becomes a reality.

According to Payne, the UK energy industry has a solid infrastructure, a globally recognized supply chain and highly skilled professionals, factors that drive this innovative megaproject towards net zero, ensuring quality jobs and growth opportunities in the sector.

In parallel advertisements, the companies reported having reached closure financial for NEP and also for NZT Power, in which Equinor and BP have significant stakes. Thus, carbon storage advances as an innovative megaproject, consolidating the UK as a leading global hub for CO₂ capture and storage, and paving the way for a more sustainable, low-carbon economy.

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Rafaela Fabris

It discusses innovation, renewable energy, oil and gas. With over 1.200 articles published in CPG, it provides daily updates on opportunities in the Brazilian job market.

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