Boris Johnson has unveiled a multi-billion pound green industrial plan that could result in an emissions-busting project near Peterhead receiving a huge cash injection. Under the prime minister’s 10-point plan, four carbon capture and storage “hubs” across the UK will receive a share of £1 billion, helping to support 50,000 jobs. The St Fergus gas terminal, near Peterhead, is one of the Scottish sites being considered. St Fergus has long been seen as a key site to deploy CCS at scale – with the potential for hundreds of jobs. The so-called Acorn project would use existing oil and gas infrastructure to store carbon dioxide underground in depleted North Sea fields, reducing pollution and helping tackle climate change.
Energy Voice 17th Nov 2020 read more »