Pale Blue Dot Energy affiliate CO2DeepStore sign multiparty MoU with China to explore investment in the Acorn CCS project in North East Scotland
The Memorandum of Understanding (MoU) provides for the UK-China Guangdong CCUS Centre (GDCCUSC), New Silk Road Energy and CO2DeepStore to jointly identify Chinese investment for the Acorn CCS project in North East Scotland following China’s Belt and Road initiative.
GDCCUSC and CO2DeepStore will also jointly facilitate two-way knowledge transfer between the Acorn CCS Project and the Guangdong Offshore Carbon Capture Utilization and Storage Project (GOCCUS), two flagship projects in the UK and in Guangdong, China respectively.
The ground-breaking Acorn Carbon Capture and Storage Project is set to move forwards after being awarded funding from the EU funding round ‘Accelerating CCS Technologies’ (ACT), part of the ERA-NET programme. Acorn represents an exciting step forwards for CCS in the UK, especially after several false starts over recent years.
The Acorn project, a full chain small scale carbon capture and storage (CCS) project in North East Scotland, has reached another milestone with support from the EU funding round “Advancing CCS Technologies” (ACT), a part of the ERA-NET programme. The project, being developed by CO2DeepStore, has been approved for funding under the programme to progress feasibility studies in 2017 and 2018. Pale Blue Dot Energy is leading the ACT study consortium which also includes Scottish Carbon Capture & Storage, Bellona (Norway), Liverpool University and Radboud University (Netherlands).
A new report outlines how the capture and re-use of CO2 can create a new Circular Economy led manufacturing sector for Scotland. The study titled “Actions required to develop a roadmap towards a Carbon Dioxide Utilisation Strategy for Scotland (2016)”, was commissioned by Scottish Enterprise and delivered by Pale Blue Dot Energy and the University of Sheffield. The study highlights the significant potential to create a new high value manufacturing sector built on existing infrastructure and skills.
Pale Blue Dot Energy are proud to be supporting one of our team, Hazel, as she and her husband Luke embark on a world first expedition in Alaska this summer. They will be covering the length of Alaska (2,000 miles in 80 days) by human power (running, biking and kayaking). Hazel has a strong track record for doing crazy athletic things and has completed, among others, the Cape Wrath ultra-marathon and the ‘Ice Ultra’ ultra-marathon. Last year Luke made history by becoming the first Scot, youngest Brit and first person in history with a pacemaker to ski solo, unsupported and unassisted to the South Pole; this year they get to do something together.