Industry News

Costain in Pioneering Role for Offshore CO2 Storage Project

UK’s Costain is involved in a pioneering initiative as part of a project commissioned by the Energy Technologies Institute (ETI). The 12 month project commenced in May 2015 and is funded by the Department of Energy & Climate Change (DECC). Costain will work alongside Pale Blue Dot Energy and Axis Wells Technology to deliver a screened and appraised portfolio of offshore deep geological CO2 storage sites, for potential deployment in future Carbon Capture and Storage (CCS) projects beyond the current DECC CCS Commercialization program.

Costain will be responsible for appraising the offshore infrastructure requirements and costs, which will drive the progression of five significant offshore storage sites in order to meet their 2030 CO2 injection targets. The results will inform on the UK’s ability to permanently store decades of emissions from many of its major power stations and industrial emitters, while removing the risk surrounding the deployment of CCS technology in the future.

Costain has previously been involved with a number of collaborative CCS projects, including leading ETI’s £25 million program to develop Next Generation Capture Technology.

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