“Today’s announcement is very welcome news indeed and is another step on the road to making Peterhead the centre of excellence for carbon-capture technology.
"I pressed Ed Davey during a Commons debate two years ago to set out a clear timetable for progressing the Peterhead project but I'm pleased he has now recognised the case for Peterhead is extremely strong not only in terms of location, but also the expertise and knowledge that has been built up over a long period.”
"I pressed Ed Davey during a Commons debate two years ago to set out a clear timetable for progressing the Peterhead project but I'm pleased he has now recognised the case for Peterhead is extremely strong not only in terms of location, but also the expertise and knowledge that has been built up over a long period.”
Scottish Government Energy Minister Fergus Ewing said:
“We welcome today’s announcement that the Peterhead CCS Project will now proceed to the FEED stage – an outcome we have been campaigning for since the inception of the UK Government’s CCS Commercialisation Competition.
“Indeed, we have been robust advocates of CCS for over a decade now, recognising the strong comparative advantages that Scotland has in academic expertise, industrial know-how and the unrivalled storage capacity in the North Sea – enough to store at least 50 years of current annual CO2 emissions from the European Union. There is also potential to store captured CO2 in depleted oil fields, further maximising oil production.
“To secure a wider CCS industry, it is important that the UK Government continues to encourage and incentivise other highly-innovative CCS projects such as the Captain Clean Energy Project.”
“Indeed, we have been robust advocates of CCS for over a decade now, recognising the strong comparative advantages that Scotland has in academic expertise, industrial know-how and the unrivalled storage capacity in the North Sea – enough to store at least 50 years of current annual CO2 emissions from the European Union. There is also potential to store captured CO2 in depleted oil fields, further maximising oil production.
“To secure a wider CCS industry, it is important that the UK Government continues to encourage and incentivise other highly-innovative CCS projects such as the Captain Clean Energy Project.”