Eni obtains second license for carbon dioxide storage in the United Kingdom

Eni obtains second license for carbon dioxide storage in the

(Finance) – Eni UK, Eni affiliate in the United Kingdom, has received from the British Authority the assignment of CO2 storage license for the depleted Hewett gas field, located approximately 20km off Bacton in the southern part of the UK North Sea. This is what Eni announced in a note. “The significant storage capacity of the field, equal to approximately 300 million tonnes, the possibility of reusing part of the infrastructure connected to it and the proximity to the industrial center of Bacton – explains Eni – makes Hewett an ideal site for storing permanently remove carbon dioxide from industries in the south-east of England and the Thames Estuary area near London, and promote the production and distribution of blue hydrogen in line with the Kingdom’s decarbonisation plans and objectives United”.

Furthermore, the implementation of the project will allow important impacts on local communities, creating new job opportunities and promoting the economic development of the area. At present they are already involved, through theBacton Thames Net Zero Co-operation Agreement13 industrial partners in the energy, waste disposal and production sectors.

There initial CO2 storage capacity is estimated at around 6 million tonnes per year starting from the last part of the decade to reach over 10 million tonnes after 2030, making a significant contribution towards the United Kingdom’s objective of storing 20-30 million tons of CO2.

This new license in the Bacton area it adds to that obtained at Liverpool Bay in 2020, where Eni is the operator of the transport and storage of carbon dioxide within the HyNet North West Consortium, and will allow, together with other projects underway, such as Dogger Bank’s offshore wind project, to consolidate Eni’s role as a major player in contributing to the UK’s decarbonisation process.