Independent UK carbon reduction company Storegga attracts international investment to support development of leading carbon capture and storage project

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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…

Acorn wins prestigious award

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Pale Blue Dot’s carbon capture and storage project, Acorn, has been voted Transition Economist project of 2020, by industry analysts PE Media Network. The award celebrates the leading lights and most important playmakers from across the global energy sector in the last year. Acorn was credited for its CCS project based on the North East…

Government commitment to low carbon technology provides a major step forward for green recovery

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St Fergus in North East Scotland could be home to critical net zero infrastructure. Image Credit: Shell Pale Blue Dot, the lead developer of the Acorn carbon capture and storage and hydrogen project in Scotland warmly welcomes today’s announcement of a further investment in low carbon technology.  Nick Cooper, CEO of Pale Blue Dot, said, …

Hydrogen Demand – Expression of Interest

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The Hydrogen in Scotland report published in September 2020 summarises that Scotland could be producing 121 TWh of hydrogen by 2050 through a combination of hydrogen supplied from the reforming of natural gas with carbon capture and storage (blue hydrogen) and the electrolysis of water (green hydrogen). Acorn Hydrogen will initiate large scale hydrogen production…

PBDE Awarded Energy Transition Accolade

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We are very pleased to announce that on Friday 14th August we were awarded the ‘Energy Transition for Future Generations’ award at the Offshore Achievement Awards. On receiving the award during the online ceremony, PBDE Managing Director Alan James said: ‘It has been great to see over recent years the profile of the energy transition…