{"id":93200,"date":"2021-05-11T09:24:43","date_gmt":"2021-05-11T08:24:43","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=93200"},"modified":"2021-05-11T09:24:43","modified_gmt":"2021-05-11T08:24:43","slug":"peterhead-ccs-power-station","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/energy-news\/peterhead-ccs-power-station\/93200\/","title":{"rendered":"Plans revealed for carbon capture power station in Scotland"},"content":{"rendered":"

SSE Thermal<\/a> and Equinor<\/a> have revealed plans to develop a new low-carbon power station at Peterhead in Scotland<\/h2>\n

The Peterhead CCS Power Station could become one of the UK\u2019s first power stations equipped with carbon capture technology.<\/p>\n

It is planned to be a new 900MW gas-fired power station fitted with carbon capture technology<\/a> to remove carbon dioxide (CO2) from its emissions.<\/p>\n

By capturing up to 1.5 million tonnes (MT) of CO2 each year, the new station alone would achieve 15% of the UK Government\u2019s target to capture 10MT of CO2 annually by 2030.<\/p>\n

SSE Thermal\u2019s existing Peterhead Power Station provides critical flexibility to the electricity system, supporting increased penetration from renewable generation while maintaining security of supply.<\/p>\n

Peterhead CCS Power Station, as a new decarbonised power station at the site, would continue to provide this flexible and efficient power in a net zero world<\/a>.<\/p>\n

Situated on Scotland\u2019s east coast, the Peterhead site in Aberdeenshire has access to essential CO2<\/sub>\u00a0transport and storage infrastructure being developed through the well-advanced Acorn Project.<\/p>\n

The Acorn CO2 Storage Site, which will be used by the Acorn Project to safely store CO2, is located about 100km offshore in rock formations deep below the North Sea.<\/p>\n

Peterhead CCS Power Station and the Acorn Project both won funding from the UK\u00a0Government\u2019s\u00a0\u00a3171m pot for the\u00a0Industrial Decarbonisation Challenge Fund in March.<\/p>\n

\u2018A step towards a greener, more sustainable future for Scotland\u2019<\/h3>\n

Energy minister,\u00a0Anne-Marie Trevelyan, said:\u00a0“Carbon capture storage technology is one of the most exciting and innovative ways that we\u2019re looking to tackle climate change<\/a>, and today\u2019s announcement marks a significant step towards a greener, more sustainable future for Scotland and the whole UK.<\/p>\n

\u201cOnce\u00a0up and running, CO2<\/sub>\u00a0emissions saved through this station alone will be the equivalent of taking 60 million cars off the road every year.<\/p>\n

\u201cDeveloping and applying this technology in Scotland will be\u00a0a\u00a0key element in the energy transition\u00a0whilst creating a skills\u00a0base and jobs on the ground that will endure and grow for decades to come.\u201d<\/p>\n

Stephen Wheeler, managing director of SSE Thermal, commented:\u00a0\u201cWe\u2019re delighted to announce this agreement with Equinor today to work together to decarbonise our power generation at Peterhead.<\/p>\n

\u201cThrough cutting-edge carbon capture technology, we can decarbonise this vital flexible power generation, as well as heavy industry and other hard-to-reach sectors of the economy, which will be crucial in Scotland transitioning to a net zero future.<\/p>\n

\u201cAhead of the critical COP26 conference in Glasgow this year, there is a clear opportunity to demonstrate leadership on CCS, maximising the benefits of a green recovery in industrial regions, and ensuring a just transition for workers and communities.\u201d<\/p>\n

Grete Tveit, senior vice president for low carbon solutions at Equinor, added: \u201cWe are pleased to be joining SSE Thermal in the development of this world-leading plant at Peterhead.<\/p>\n

\u201cIt is another important step in the energy partnership between Equinor and SSE. This power station is a milestone for Scotland\u2019s ambitions to create a decarbonised industrial cluster.<\/p>\n

\u201cProjects such as these are critical for efforts to reach net zero, contributing to the UK\u2019s goals to become a world leader in low carbon, and also helping ensure a just transition for industrial communities.\u201d<\/p>\n

The Peterhead CCS Power Station project is in the development stage and final investment decisions will depend on the progress of the necessary business models and associated infrastructure.<\/p>\n

With the appropriate policy mechanisms in place, the new station could come online by 2026.<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

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