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UK's first ever carbon storage licensing round opens to bids - Vimarsana News

UK's first ever carbon storage licensing round opens to bids

Bids are now being accepted for the UK’s first ever carbon storage licensing round with 13 areas up for grabs.

First Ever UK Carbon Storage Licensing Round Launched - Vimarsana News

First Ever UK Carbon Storage Licensing Round Launched

It is expected that any new licenses will be awarded in early 2023.

Licensing plan for seabed carbon capture sites - Vimarsana News

Licensing plan for seabed carbon capture sites

Thirteen new undersea locations have been identified for storing industrial greenhouse emissions.

Source: bbc.co.uk
UK: Bids invited in UK's first-ever carbon storage licensing round - Vimarsana News

UK: Bids invited in UK's first-ever carbon storage licensing round

The North Sea Transition Authority (NSTA) has launched the UK’s first-ever carbon storage licensing round with 13 areas of exciting potential available. The new carbon storage areas, alongside the six licences which have been issued previously, could have the ability to make a significant contribution towards the aim of storing 20-30 million tonnes of carbon dioxide (CO2) by 2030.

North Sea Transition Authority opens UK's first carbon storage licensing round - Vimarsana News

North Sea Transition Authority opens UK's first carbon storage licensing round

The NSTA has launched this carbon storage licensing round in response to unprecedented levels of interest from companies eager to enter the market.