US Edition2,000 job carbon capture project off North Wales coast gets financial backing
- Eni and the UK Government reached financial close on April 24 for a carbon capture project off North Wales.
- This financial close follows the UK Government's earlier funding allocation for the project.
- The project is part of the HyNet Cluster storing industrial carbon dioxide in depleted Liverpool Bay gas fields.
- Initial storage capacity reaches 4.5 million tonnes of carbon dioxide annually and creates 2,000 jobs.
- This agreement allows construction to begin this year, with operations starting in 2028.
13 Articles
13 Articles
North Wales Chronicle
rhyljournal.co.ukLandmark project off North Wales coast gets go ahead making energy more green
It will see captured carbon stored in depleted gas fields out to sea
Daily Post
business-live.co.uk2,000 job carbon capture project off North Wales coast gets financial backing
The gigantic multi-billion scheme will see CO2 stored under Liverpool Bay
Saipem has been awarded a contract worth about 520 million euros from Eni for the capture of CO2 in the United Kingdom. This can be read in a note stating that the three-year contract concerns the Liverpool Bay Ccs project, which will serve the HyNet industrial hub, located in one of the industrial districts with the highest energy consumption in the country. Saipem will transform a traditional gas compression and treatment plant in Point of Ayr…
Carbon storage project off North Wales coast moves into construction after UK deal finalised
A major carbon capture and storage project beneath the seabed off the North Wales coast has received the go-ahead for construction, following a financial agreement between energy company Eni and the UK Government. The Liverpool Bay CCS (Carbon Capture and Storage) scheme, part of the HyNet industrial cluster, will transport carbon dioxide (CO₂) from industrial […]
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