Emerging Technologies

Carbon Storage Developers See Huge Prospects in UK

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The UK has a checkered history with carbon capture, but significant commercial interest in the latest round of CO2 storage licenses — which awarded 12 companies a total of 21 licenses — signals that the sector is gaining serious forward momentum. Companies receiving awards suggest the licenses are an important landmark in building out a full and functioning CCS supply chain, including the vision of CCS clusters or hubs. Here we offer some highlights of the emerging plans.

Topics:
CO2 Emissions, Carbon Capture (CCS), Low-Carbon Policy, Policy and Regulation
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