Acorn CCS partners sign memoranda of understanding for carbon capture – News


UK project partners Acorn CCS have signed three new Memoranda of Understanding (MoU) for carbon capture collaborations.

INEOS and Petroineos have signed a memorandum of understanding with Storegga, lead developer and partner of the Acorn CCS project, to jointly develop what they say is Scotland’s first carbon capture and storage (CCS) system from here. 2027. The system would link the industrial heartland of Scotland to Acorn. CO2 transport and storage system in the North East of Scotland.

An MoU between the partners of the Acorn project and the owners of the gas terminals of St Fergus SEGAL and FUKA will see the capture of CO2 emissions from operations. The companies are working on a formal agreement to become the first clients of the CCS project.

ExxonMobil, co-owner of SEGAL, also announced its membership of NECCUS, an alliance between industry, government and experts committed to reducing carbon emissions from industrial sources in Scotland and beyond. The Acorn project is at the heart of the alliance.

Scotland’s first CCS system

The MoU with INEOS and Petroineos provides for investments in the companies’ Grangemouth site. Petroineos is a joint venture between PetroChina and INEOS, formed in 2011 to operate refineries in Grangemouth, UK, and Lavéra, France. One of Scotland’s largest manufacturing sites, the Grangemouth site produces 9 million L / d of fuel and 1.3 million tonnes / year of petrochemicals.

The planned CCS system will capture and store around 1 mt / year of CO2 by 2027, with the possibility of capturing other large volumes beyond. Once operational, it would increase the reduction of emissions on the site to more than 50% compared to 2005. Since INEOS took possession in 2005, the CO2 the site’s emissions have been reduced by 37%.

MoU partners say the announcement represents a path for Scotland to help the country meet its ambitious climate goals through ‘effective CCS’. Scotland has set itself the goal of becoming net zero by 2045 at the latest.

INEOS says its operations in Grangemouth have roadmaps in place to lead the transition to a net zero economy by 2045 at the latest, while remaining profitable and staying ahead of evolving regulations and legislation. Based on these roadmaps, the company is setting itself ‘ambitious but achievable’ targets for 2030 that are in line with its 2045 commitment in Scotland, which it has yet to publish.

Andrew Gardner, President of INEOS Grangemouth, said: “As one of Scotland’s largest manufacturers and employers, we recognize that we operate a2-industry intensive and we have an important role to play in helping Scotland achieve its goal of net zero carbon by 2045… Once operational, the carbon capture and storage system will provide a critical pathway to capture and store CO permanently and safely2 emissions for large industrial emitters across Scotland with a significant positive impact for climate change and the country. “

Capturing gas operations

With a third gas terminal in St Fergus, FUKA and SEGAL process 35% of the natural gas that feeds the UK’s national grid for businesses, homes and power generation.

Shell Esso Gas and Associated Liquids (SEGAL) is jointly owned by Shell and ExxonMobil, and the Frigg UK Pipeline (FUKA) is owned by North Sea Midstream Partners, which transports and processes natural gas from offshore oil and gas fields in the North. These gas partners are key industrial customers in the North East of Scotland.

Under the recent MoU, emissions from the two factories would be captured and transported through existing oil and gas infrastructure for safe and permanent storage in rock formations below the seabed.

According to ExxonMobil, the project plans to capture and store around 5 to 6 million tonnes / year of CO2 by 2030, from its joint venture terminal. A capture and storage figure was not disclosed for FUKA operations.

Acorn partners say the MoU is an important step as it shows how the Acorn project could help decarbonize sectors that will continue to depend on hydrocarbons in the future.

Gland CO2 The transport and storage infrastructure established in St Fergus is expected to provide an essential service to other industries in Scotland, UK and Europe. The captured emissions can be liquefied and transported by boat to the nearby deepwater port of Peterhead.

The Memorandum of Understanding with gas operations builds on the recent “historic” North Sea Transition Agreement. The deal sets out an ambitious plan for how the UK’s offshore oil and gas sector and government will work to deliver the skills, innovation and new infrastructure needed to meet greenhouse gas emissions reduction targets Greenhouse.

According to the collaborators, the MoU is also an important indicator of the UK’s momentum towards this goal ahead of the November COP26 summit in Glasgow. The program for COP26 was recently announced. The event was delayed for a year until November 2021 due to the Covid-19 pandemic.

Nick Cooper, CEO of Storegga, commented: “This is truly an important day for us. Signing of the Memorandum of Understanding to start this important work on the St Fergus CO2 The emissions represent a key milestone for the Acorn project and its ability to progress towards the UK’s net zero targets. These emissions are expected to be the first in a long series, as we plan to expand the project to store more than 20 million tonnes of CO per year.2 emissions from Scotland, UK and potentially Europe by the mid-2030s. ”

In its announcement regarding the MoU with the Acorn project, ExxonMobil also announced that it has joined the NECCUS carbon capture alliance.

ExxonMobil expects its membership to help the alliance explore the potential of technology solutions to reduce emissions by building on its extensive global experience with CCS.

Mike Smith, CEO of NECCUS, said: “Decarbonizing industrial emissions will be a difficult but essential part of achieving the national zero net target 2045. We believe Scotland is well positioned to implement technologies such as capture and storage of carbon and hydrogen, which are necessary to achieve a net zero industrial cluster. Collaboration between organizations within NECCUS will be essential to this ambition, and the experience of ExxonMobil will enhance this collaboration. “

Acorn is considered the UK’s most mature CCS and Hydrogen project, positioned to be the most profitable and scalable CCS project in the UK. It is currently in the detailed engineering and development design phase.

Scheduled to be operational by the mid-2020s, it will help the UK meet more than half of its 10 million t / year CO2 target2 storage, with the potential to store more than 20m t / year of CO2 during its first decade of operation. As part of its ten-point plan for a green industrial revolution, the UK aims to phase out 10 million tonnes / year of CO2 by 2030.

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