In addition to serving CO
2 emitters in the South Humber area, Neptune has introduced the option to ship CO
2 to several blocks in the Southern North Sea.
It has signed further MoUs with Carbon Collectors, a company specialising in the collection, transport, and storage of CO
2 using marine-based solutions, and with a power generation company that would have its emitted CO
2 stored by Neptune.
CCS start up by mid-decade
Under the working title of “DelpHYnus”, Neptune said its proposed development is well placed to deliver an operational carbon capture and storage (CCS) hub by 2025 for shipped CO
2 and large-scale blue hydrogen generation as early as 2027.
Neptune Energy is progressing its PosHYdon offshore green hydrogen pilot project in the Dutch North Sea and its DelpHYnus blue hydrogen project in the UK, the company said May 13 in a results statemen
How the Humber s carbon capture and storage ambition could aid industrial clusters elsewhere business-live.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-live.co.uk Daily Mail and Mail on Sunday newspapers.