Pale Blue Dot Energy, the Aberdeen based Corporate Development Advisor to the Energy Business and Large Energy Users, has been awarded a 12 month contract by Tees Valley Unlimited, a local enterprise partnership, to develop the business case for an industrial Carbon Capture and Storage (CCS) network on Teesside.
In all the debate and discussion about the possibilities for shale gas in the UK and in wider Europe, there has been little rational discussion about the practical implications of large scale development of shale gas. In this article we seek to debunk a few myths, and point out some as yet undebated realities.
The UK is in a strong position with respect to the potential for permanent sequestration of CO2 offshore in rock formations deep below the North Sea. This is because of two factors. Firstly the correct type of rock formations exist in places below the North Sea with the porosity to provide capacity for the CO2, permeability to allow its injection, and sealing formations to contain the CO2.
The Wood Review, published in February and aimed at identifying ways to stimulate North Sea oil and gas activity, proposes the creation of a new arm’s length industry regulator or agency to take on a broad industry facilitation role. When one looks at the roles proposed for this new agency, one could be excused for having a sense of ‘déjà vu’.
Pale Blue Dot Energy is proud to announce it will be supporting the very first European Student Energy Summit (ESES) to be held in Aberdeen, June 19-20.