News: June 2015

What will Teesside industry be like in 2030 if multi-billion pound Carbon Capture and Storage goes ahead?

Industry bosses have made a time-travel video of how Teesside could look in 2030 - if it secures Europe’s first industrial carbon capture and storage (CCS) zone.

The short film, which fast-forwards Teesside fifteen years, has been made ahead of the launch next week of a blueprint for industrial CCS in the UK.

The Teesside Collective, a cluster of big energy users on Teesside including BOC, steelmaker SSI, fertiliser manufacturer GrowHow and Lotte Chemical UK, wants to create Europe’s first CCS industrial zone.

It will publish its blueprint for industrial CCS - led by Local Enterprise Partnership Tees Valley Unlimited - next Wednesday with a Westminster launch.

ETI seeks co-venturers to develop an investable concept for major new power generation capacity with CCS

The Energy Technologies Institute (ETI) is seeking co-venturers  to develop an investable concept for major new power generation capacity fitted with carbon capture and storage (CCS).

ETI’s Thermal Power with CCS investment will support development of the business case for an investable, low cost, low carbon power scheme supported by a Contract for Difference (CfD).

It is designed to take early advantage of the new CCS infrastructure being built and deliver momentum into the next phase of CCS sector development.

G7 Summit declaration on climate: a positive signal for CCS

G7 heads of state and government agreed on a declaration to back the 2 degree climate target last Monday at the G7 Summit in Germany. The 7 leaders support the IPCC recommendation to reduce CO2 emissions “40 to 70% by 2050 compared to 2010 [levels] recognising that this challenge can only be met by a global response”. The G7 declaration represents a major step forward, as it sends a strong signal that the wealthiest countries in the world are determined to collectively address the global warming issue. This also shows a clear commitment to invest in development and deployment of low-carbon technologies within national low-carbon strategy plans.

UK Government shares latest CCS knowledge from Peterhead and White Rose

Source: UK Gov

Today the UK Government published the details of their comprehensive CCS knowledge sharing initiative. As part of the initiative, 45 detailed reports from both the Peterhead and White Rose CCS Projects will be released. These reports will share the emerging learning and experiences from the UK’s two flagship CCS projects.