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© IDRIC 2022 | Website: Tangent & Duncan Weddell & Co
Background
As Carbon Capture and Storage (CCS) deployment in UK industrial clusters is initiated, there is an opportunity to reduce costs, reduce risks to investors and speed up the rate of storage development. Providing UK storage capacity to European industry can contribute to achieving this. However, the scale of this opportunity and the steps needed to realise it have not been fully quantified.
Mr Jonathan Pearce
Principal Investigator
British Geological Survey
Project Team
British Geological Survey:
Dr Maxine Akhurst
Mrs Karen Kirk
Mr John Williams
Aim
This project will, through a partnership between the BGS and Storegga, provide an economic appraisal of the commercial storage opportunities for the UK. The requested funds will support BGS’ assessment of available UK storage resources in support of Storegga’s economic assessment which is being provided as a significant in-kind contribution.
More Detail
BGS will provide the assessment of storage capacity by extending two current IDRIC projects and utilising previous results and methodologies developed by the BGS team in previous projects. We will take account of the storage requirements for the decarbonisation of UK industrial clusters, which is an important input that will shape future policy in storage development.
The outputs of this study, communicated via targeted engagement, will enable UK policy makers and storage developers to build in scenarios of future European storage demand within the UK and the associated revenue generation, to inform future policy development and reduce costs and investment risks.
Meet the Team
Dr Maxine Akhurst
Dr Maxine Akhurst
British Geological Survey
Mrs Karen Kirk
Mrs Karen Kirk
British Geological Survey
Mr John Williams
Mr John Williams
British Geological Survey
Dr Maxine Akhurst
Dr Fathi Abugchem
Centre for Sustainable Engineering, Teesside University
Mrs Karen Kirk
Mrs Karen Kirk
British Geological Survey
Mr John Williams
Mr John Williams
British Geological Survey
