Jump to content
House Price Crash Forum
cashinmattress

North Sea Carbon Burial Unviable, Government Warned

Recommended Posts

North Sea carbon burial unviable, government warned

CARBON prices remain far too low to make permanent North Sea burial viable, the UK Government has been warned.

The warning came from Oil and Gas UK , the voice of the offshore industry, in the wake of the announcement of a joint UK-Norway study into the potential of depleted oil fields to hold CO extracted from coal-fired power station flues.

The prospect of a new industry to take over as oil and gas extraction declines has risen in the wake of government proposals for two carbon sequestration projects. The giant Longannet coal-fired power station in Fife is a favoured site for one.

Oil and Gas UK economics director Mike Tholen said: “The successful development of carbon capture and storage (CCS) projects offers a tantalising prospect for the UK’s oil and gas supply chain to become a leader in these technologies.

“However, the crucial question in considering the viability of CCS will be the economics. The current outlook for the CO price is not at the level required.â€

He said the study of the role of the North Sea in providing storage space under the seabed for carbon dioxide “rightly recognises the province’s potential but also that there are challenges in pursuing this activityâ€.

The study, announced by Energy and Climate Change Minister Lord Hunt and Norwegian minister Terje Riis-Johansen, will look at how quickly the base of the North Sea could be needed for carbon dioxide storage and what the UK, Norway and other countries have to do to get it ready in time.

Lord Hunt said: “Carbon capture and storage has the potential to reduce emissions from coal-fired power stations by around 90%.

“The strength of the UK’s offshore industries means we are well placed to store that carbon dioxide under the North Sea.â€

He added: “There are business and job opportunities to be found in green energy technology.â€

Attempts by BP and Scottish and Southern Energy to develop a CCS project at Peterhead.

Government delays forced BP to pull the plug by closing down its depleted nearby Miller Field, where it had planned to bury the carbon extracted from gas used to fuel a new power plant.

Sorry McSpamish. This white elephant will be stillborn.

Share this post


Link to post
Share on other sites

The government knows these schemes are not viable

They are just a cover to enable the construction of a new generation of coal fired stations

Once they are completed of course, the carbon capture technology will never be added

The thing is, this sort of thing happens all the time, so why are people continually taken in by these stunts?

:blink:

Share this post


Link to post
Share on other sites
Guest sillybear2

It's all pointless anyway, the Chinese and Indians build a Kings North every week.

Share this post


Link to post
Share on other sites

Shame there's not a way of locking up carbon in the form of something that could look after itself for a hundred years or so, you know, something organic... something erm, like ... heck ... a tree!

Share this post


Link to post
Share on other sites

Carbon capture - a little bit like collecting green shield stamps. Completely pointless and with no meaningful reward.

Share this post


Link to post
Share on other sites
The government knows these schemes are not viable

They are just a cover to enable the construction of a new generation of coal fired stations

Once they are completed of course, the carbon capture technology will never be added

The thing is, this sort of thing happens all the time, so why are people continually taken in by these stunts?

:blink:

You give them too much credit

the government believes in all its “green†******** imo.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   296 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.