By Paul Homewood
Energy giants SSE and Equinor are planning to build the first power station in Scotland to use carbon capture technology.
The gas-fired power station at Peterhead, Aberdeenshire, could capture up to 1.5m tonnes of carbon dioxide from its emissions each year.
The development, which is still dependent on securing sufficient investment, is hoped to be ready by 2026.
SSE and Equinor are also developing two low-carbon power stations in North Lincolnshire, announced last month.
The Peterhead power station would achieve 15pc of the Government’s target to capture 10m tonnes of CO2 annually by 2030, according to major Scottish energy supplier SSE.
The technology will capture around 90pc of the site’s carbon emissions, which will be stored at the Acorn Project’s site, located about 100km offshore in rock formations deep below the North Sea. Shell is one of the companies involved in building the Acorn CO2 storage site.
Both the Acorn Project – run by a subsidiary of UK low-carbon tech firm Storegga Geotechnologies – and the power station were given funding by the Government in March as part of Scotland’s move towards net zero infrastructure.
A final decision about proceeding with the Peterhead project will depend on government subsidies for carbon capture and storage, as well as construction of the infrastructure needed to store carbon emissions deep under the North Sea.
This of course is the whole crux of the matter. There is no doubt that we have the technology to capture and store CO2, it is all a question of cost. And the 1.5m tonnes of carbon dioxide stored is tiny, compared to the UK’s total emissions of about 320 Mt.
Peterhead, along with Drax, were awarded £1bn of govt funding in 2012, to develop carbon capture. Both pulled out a few years later because of the difficulties involved. I very much doubt whether this new scheme will come cheap.
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May 13, 2021 at 11:33AM