Carbon capture and storage (CCS) The Intergovernmental Panel on Climate Change report published in April 2022 emphasised the need for carbon capture and storage technologies to be deployed to reach net zero emissions from power and industry sectors. Carbon capture and storage (CCS) involves the capture of CO2 emissions from industrial processes and will play a crucial role in decarbonising the UK’s major industrial hubs such as Teesside and Humberside. This CO2 is then transported from where it was produced, via ship or in a pipeline, and stored offshore, deep underground in geological formations. It is expected that any new licences will be awarded in early 2023. The size and scale of the licensed stores mean that they are likely to proceed at different paces, but first injection of CO2 could come as early as four to six years after the licence award.

Posted by Rafał Frączek at 2022-06-22 10:40:48 UTC