Acorn unlocks the
carbon capture and storage and hydrogen infrastructure essential for meeting our
Net Zero targets.
A LOW CAPITAL COST START
5/6Mt of CO2
per year by 2030,
starting with existing CO2 emissions from the St Fergus gas terminal.
From St Fergus
of all natural gas used in the UK is processed at St Fergus. Natural gas supply is key to bulk hydrogen generation.
Scotland took a step closer to its net zero carbon goals today [17th March 2021] with the announcement of over £30m of UK Government funding for a suite of initiatives linked to the Acorn carbon capture and storage (CCS) project. The industry match funded initiative, called Scotland’s Net Zero Infrastructure (SNZI) programme, brings together academic…
Independent UK carbon reduction company Storegga attracts international investment to support development of leading carbon capture and storage project
Storegga, the parent company of Pale Blue Dot, the lead project developer of the Acorn Project, today announced an important round of international investment in the independent UK carbon reduction and removal company. GIC, Singapore’s sovereign wealth fund and Mitsui & Co. Ltd., a global trading and investment company, have become new investors in Storegga, alongside a…
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