On December 12th, Pale Blue Dot Energy signed an MOU with the Guangdong CCUS Centre in China for collaboration on carbon capture and storage (CCS) projects. The agreement provides for the joint evaluation and development of CCS projects in both countries. The MOU also provides for exchange of capability and learning between UK and Chinese project design and development.
Pale Blue Dot Energy welcomes the news that the scotch whisky industry has reinforced its targets on environmental performance, particularly the targets to reduce energy use from fossil fuels by 40% by 2030 and 80% by 2050. Two weeks ago, the Scottish Government published “A Plan for Scotland” which states on page 29 that a Climate Change Plan and an accompanying Energy Strategy will be published this winter, outlining the intention to also reduce Scottish emissions by 80% by 2050. This should mean no more direct combustion of fossil fuels within two generations and thus major change for both the energy markets and large energy users such as distillers of whom the majority are currently dependent on oil or gas for their fuel.
Pale Blue Dot Energy has been awarded a contract to design a CO2 capture plant at Lotte Chemical on Teesside and a demonstration centre for the re-use of CO2. The award, from Tees Valley Combined Authority (TVCA), also involves sub-contract partners Costain and the UK Centre for Carbon Dioxide Utilisation at the University of Sheffield. Pale Blue Dot Energy previously developed the Blueprint for Industrial Carbon Capture and Storage in the UK for the Teesside Authority.
More details on the award can be found here.
This week, on 25th July 2016, the Scottish Centre for Carbon Capture and Storage released an important new report on the potential for Industrial CCS in Scotland. In particular the report deals with the role that the repurposing of the 36 inch diameter, 358km long FEEDER 10 gas pipeline from St Fergus to Avonbridge might play. The report combines a vision and business case for the progressive decarbonisation of Scotland’s industrial base that contributes to meeting both UK and Scottish Government CO2 reduction objectives through smart investment in infrastructure.
In a study on Oil and Gas Diversification for Scottish Enterprise, Pale Blue Dot Energy highlighted the opportunity for Scotland to deploy surplus oil and gas capability on emerging future energy sectors including Wave and Tidal, CCS, Hydrogen and Heat. There is too little focus on Diversification, particularly in the North East. Oil and gas businesses should develop Diversification strategies in order to manage the long-term decline in oil and gas driven by price uncertainty and the Low Carbon transition.