A carbon capture and storage (CCS) firm has signed a Memorandum of Understanding with China to jointly identify investment in a project in North East Scotland.
CO2DeepStore will partner with the UK-China Guangdong CCUS Centre (GDCCUSC) and New Silk Road Energy to increase the country’s involvement in the Acorn CCS facility.
Greenhouse gas emissions, which would otherwise enter the atmosphere, will be captured from the St Fergus gas terminal. The fumes will then be transported offshore and injected deep underground, where they will permanently remain.
The project will re-use existing and redundant oil and gas infrastructure to reduce costs and timeframe.
The project could be operational before 2022 and is expected to capture about 200,000 tonnes of carbon dioxide annually during its first phase – it will also be able to store carbon dioxide imported from other sources. and locations.
Additionally, GDCCUSC and CO2DeepStore have agreed to share knowledge between the flagship UK project and the Guangdong Offshore Carbon Capture Utilisation and Storage Project (GOCCUS) in Guangdong, China, which is planned to operate relatively similarly.