Monthly Highlights from the Russian Arctic, March 2024
In this news digest, we monitor events that impact the environment in the Russian Arctic. Our main focus lies in identifying the factors that contribute to pollution risks and climate change.
News
Publish date: March 20, 2013
Written by: Sirin Engen
News
Today’s announcement is excellent news for Bellona and the whole CCS community. CCS projects taking off the ground is what is needed the most at the moment, especially after NER300 failing to deliver any CCS funding in its first round. It is clear that the UK will now be at the forefront of the European CCS investment, moving in the direction of cost competitive CCS industry.
The projects
The White Rose Project in Yorkshire, England, and the Peterhead Project in Aberdeenshire, Scotland, were chosen from a shortlist of four after an intensive period of commercial negotiations.
The White Rose is an oxyfuel capture project at a proposed new 304MW fully abated supercritical coal-fired power station on the Drax site in North Yorkshire. The project involves capturing 90% of the CO2 from a new coal-fired power station, before transporting to and finally storing it in a saline aquifer beneath the North Sea.
The Peterhead Project would capture 85% of the CO2 from part of the existing gas fired power station at Peterhead. The CO2 would then be transported and stored in depleted gas fields beneath the North Sea. Peterhead has previously been considered for a CCS project in the mid 2000’s.
The future of the UK CCS Competition
The € 1.2 billion of capital funding made available under the UK CCS Commercialisation Competition will support the practical experience in the design, construction and operation of commercial-scale CCS. More specifically the funding is meant to;
– generate learning that will help drive down the costs of CCS;
– test and build familiarity with the CCS specific regulatory framework;
– encourage industry to develop suitable CCS business models;
– contribute to the development of early infrastructure for CO2 transport and storage.
Following today’s announcement UK Secretary of State for Energy and Climate Change, Edward Davey, said that “[this] moves us a significant step closer to a Carbon Capture and Storage industry – an industry which will help reduce carbon emissions and create thousands of jobs”.
The Government will now undertake discussions with the two preferred bidders to agree terms by the summer for Front End Engineering Design studies, which will last approximately 18 months. A final investment decision will be taken by the Government in early 2015 on the construction of up to two projects.
For more information on CCS and prospective project, please visit Bellona’s CCS web.
In this news digest, we monitor events that impact the environment in the Russian Arctic. Our main focus lies in identifying the factors that contribute to pollution risks and climate change.
A survey of events in the field of nuclear and radiation safety relating to Russia and Ukraine.
Russian president Vladimir Putin has told the United Nations atomic energy watchdog that Russia plans to restart Ukraine’s embattled Zaporizhzhia nuclear plant, currently occupied by Russian troops and technicians, fueling worries about a serious nuclear accident on the front lines of a grinding military conflict.
Wednesday, April 10, 2024 | Brussels, Belgium – Today, the European Parliament approved the newly revised Construction Products regulation (CPR)...