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New Energy World
New Energy World embraces the whole energy industry as it connects and converges to address the decarbonisation challenge. It covers progress being made across the industry, from the dynamics under way to reduce emissions in oil and gas, through improvements to the efficiency of energy conversion and use, to cutting-edge initiatives in renewable and low carbon technologies.
New EU project to demonstrate key CCS technologies
10/1/2024
A new initiative has been launched that aims to accelerate the transition to a low-carbon future by demonstrating key technologies for the entire carbon capture and storage (CCS) value chain in southern Europe and supporting the development of CCS routes linking emitters with storage sites in central-eastern Europe.
Bringing together a consortium of over 40 partners, including emitters, technology providers, gas transmission system operators, transportation companies, research institutes and universities, the Horizon Europe project COREu is claimed to be the largest research and innovation project in CCS ever funded by a European programme.
To achieve its goals, COREu brings together four potential routes and the relevant stakeholders under the same project: Prinos/Kavala in Greece, South Moravia in the Czech Republic, Baltic/Gdansk in Poland and Western Ukraine. Through these routes, COREu will help develop an open-access, transnational network to connect emitters with storage sites across Europe. The project will focus on multimodal transportation and the creation of emitter clusters to create the necessary demand and investment rationale for the deployment of CCS.
‘By demonstrating key technologies and opening up new CCS routes, COREu will contribute to the development of CCS at scale and pave the way for a greener and more resilient Europe,’ says Mona Mølnvik, Research Director at SINTEF, COREu Project Owner and Director of the Norwegian CCS Research Centre, NCCS, the world’s largest centre of excellence for CCS.
‘The strong partnership will significantly accelerate the deployment of CCS across Europe by facilitating the creation of a common framework that includes technological know-how and business models aimed at reducing the risks of CCS deployment,’ explains Francesco Finotti, Senior Business Developer at SINTEF, responsible for assembling the consortium.
Dutch CCS project reaches FEED phase
Meanwhile, in other news, Neptune Energy and its partners EBN, Tenaz Energy and ExxonMobil report that L10CCS, one of the large carbon stores to be connected to the Aramis CO2 transport and storage initiative in the Dutch part of the North Sea, has entered the next phase in the project with front end engineering design (FEED).
The project aims to store 5mn t/y of CO2, equivalent to a third of the total CO2 emissions from Dutch domestic vehicles in one year.
The facilities FEED contract has been awarded to Petrofac.
Completion of the technical FEED scopes is anticipated during 2H2024, with a view to progressing towards a project final investment decision (FID) in 2025. L10CCS is fully aligned with the Aramis project timeline and is planned to be connected and operational in 2028.
Commenting on the project, Lex de Groot, Managing Director of Neptune Energy, operator of L10CCS, says: ‘CCS is expected to account for nearly 15% of the cumulative reduction in CO2 emissions in the European Union, according to the International Energy Agency’s Sustainable Development Scenario. The region around L10 has a potential storage capacity up to 120–150mn tonnes, so will play a crucial role in helping achieve climate goals and open up possibilities for many emitters that need safe CO2 storage in the North Sea at low costs.'
