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Released April 10, 2024 | GALWAY, IRELAND
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Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Italian oil and gas major Eni (NYSE:E) (Rome, Italy) has been granted permission in the U.K. to develop a pipeline for transporting captured carbon dioxide (CO2) for storage under the seabed.
A development consent order (DCO) has been issued for the HyNet North West CO2 pipeline by the secretary of state for the U.K.'s Department for Energy Security and Net Zero (DESNZ). The pipeline forms part of one the U.K.'s largest industrial decarbonisation projects, known as Hynet North West, a hydrogen production and carbon capture and storage (CCS) initiative involving more than 40 industrial companies looking to reduce emissions. Hynet aims to capture 1 million tonnes of CO2 emissions per year--the equivalent of taking more than 600,000 cars off the road. The initial phase of HyNet North West is based on the production of hydrogen from natural gas at the Stanlow refinery and will involve the development of a new hydrogen pipeline and the creation of CCS infrastructure.
The captured CO2 from facilities across the northwest of England and north Wales will travel through new and repurposed infrastructure to permanent storage in Eni's depleted natural gas reservoirs under the seabed in Liverpool Bay. The 60-kilometer (km) pipeline, which includes 24-km of repurposed natural gas pipeline, will run from Cheshire, England, to Flintshire, Wales. It will have a capacity of 4.5 million tonnes per year of CO2 in the first phase, with the potential to increase to up to 10 million tons per year of CO2 after 2030.
"We see the UK as an attractive destination for Eni's investments, particularly in the area of decarbonisation," said Claudio Descalzi, Eni's chief executive officer. "We welcome the U.K. government's ambition to promote and develop the kind of groundbreaking projects we need to address climate change, especially within hard-to-abate sectors. Carbon Capture will play a critical role in meeting this challenge by safely eliminating emissions from industries that currently do not have equally efficient and effective solutions. This decision marks a significant step towards establishing a significant new industry for the country."
Industrial Info is tracking 43 projects associated with HyNet North West, spanning numerous industrial sectors, worth more than US$2.4 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can click here for the reports.
In late 2022, Industrial Info reported on a decision by Essar Oil U.K. (Cheshire, England) to build a £360 million (US$442 million) carbon capture plant at its Stanlow refinery, which sits at the heart of the HyNet project. Once commissioned in 2027, the CCS plant will eliminate nearly 40% of all Stanlow emissions by capturing an estimated 810,000 tonnes of CO2 per year. The project forms part of Essar's £1 billion (US$1.26 billion) investment into a range of energy efficiency, fuel-switching, and carbon capture initiatives, designed to decarbonise its production processes significantly by 2030. Stanlow refinery is located near Ellesmere port in Cheshire, England, and supplies 16% of the country's road transport fuels. Stanlow will also be home to a low-carbon (blue hydrogen) facility from 2026. Essar is building it through its joint venture company Vertex Hydrogen and the facility will use waste-fuel gasses and natural gas to produce the hydrogen. For additional information, see December 12, 2022, article - Essar Building Carbon Capture Plant at U.K.'s Stanlow Refinery.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
A development consent order (DCO) has been issued for the HyNet North West CO2 pipeline by the secretary of state for the U.K.'s Department for Energy Security and Net Zero (DESNZ). The pipeline forms part of one the U.K.'s largest industrial decarbonisation projects, known as Hynet North West, a hydrogen production and carbon capture and storage (CCS) initiative involving more than 40 industrial companies looking to reduce emissions. Hynet aims to capture 1 million tonnes of CO2 emissions per year--the equivalent of taking more than 600,000 cars off the road. The initial phase of HyNet North West is based on the production of hydrogen from natural gas at the Stanlow refinery and will involve the development of a new hydrogen pipeline and the creation of CCS infrastructure.
The captured CO2 from facilities across the northwest of England and north Wales will travel through new and repurposed infrastructure to permanent storage in Eni's depleted natural gas reservoirs under the seabed in Liverpool Bay. The 60-kilometer (km) pipeline, which includes 24-km of repurposed natural gas pipeline, will run from Cheshire, England, to Flintshire, Wales. It will have a capacity of 4.5 million tonnes per year of CO2 in the first phase, with the potential to increase to up to 10 million tons per year of CO2 after 2030.
"We see the UK as an attractive destination for Eni's investments, particularly in the area of decarbonisation," said Claudio Descalzi, Eni's chief executive officer. "We welcome the U.K. government's ambition to promote and develop the kind of groundbreaking projects we need to address climate change, especially within hard-to-abate sectors. Carbon Capture will play a critical role in meeting this challenge by safely eliminating emissions from industries that currently do not have equally efficient and effective solutions. This decision marks a significant step towards establishing a significant new industry for the country."
Industrial Info is tracking 43 projects associated with HyNet North West, spanning numerous industrial sectors, worth more than US$2.4 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can click here for the reports.
In late 2022, Industrial Info reported on a decision by Essar Oil U.K. (Cheshire, England) to build a £360 million (US$442 million) carbon capture plant at its Stanlow refinery, which sits at the heart of the HyNet project. Once commissioned in 2027, the CCS plant will eliminate nearly 40% of all Stanlow emissions by capturing an estimated 810,000 tonnes of CO2 per year. The project forms part of Essar's £1 billion (US$1.26 billion) investment into a range of energy efficiency, fuel-switching, and carbon capture initiatives, designed to decarbonise its production processes significantly by 2030. Stanlow refinery is located near Ellesmere port in Cheshire, England, and supplies 16% of the country's road transport fuels. Stanlow will also be home to a low-carbon (blue hydrogen) facility from 2026. Essar is building it through its joint venture company Vertex Hydrogen and the facility will use waste-fuel gasses and natural gas to produce the hydrogen. For additional information, see December 12, 2022, article - Essar Building Carbon Capture Plant at U.K.'s Stanlow Refinery.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
