United Kingdom – Storegga, Shell, and Harbour Energy, the partners in the Acorn Project, one of the largest UK CCS and hydrogen projects, have become equal partners in the project.
As equal partners, Storegga, Shell and Harbour will develop Acorn through to Final Investment Decision, construction, operation and beyond.
Acorn CCS and Hydrogen Projects
The Acorn CCS and Hydrogen Projects could provide critically important CCS and hydrogen infrastructure, helping industries and homes across Scotland and the UK to decarbonize. It is anticipated to be operational in the mid-2020s, providing a clear pathway to help Scotland and the UK to meet their net zero targets. Using CO2 from the St Fergus gas terminal in Aberdeenshire, from Scotland’s carbon intensive industries and imported CO2 from the rest of the UK and Europe into Peterhead Port, Acorn is expected to be storing at least 5Mt/yr of CO2 by 2030, half the CO2 emissions set out in the UK Government’s Ten Point Plan for a green Industrial Revolution by 2030.
Acorn CO2 Storage
The Acorn Project has a broader role to play in decarbonizing the energy system, taking North Sea natural gas and reforming it into clean-burning hydrogen, with the associated CO2 emissions safely captured and stored under the sea at the licensed Acorn CO2 Storage Site. This could be operational by the middle of the decade, supporting industrial, power, mobility and domestic customers in North East Scotland and beyond through transportation within the natural gas system.