National Grid is pulling back from its Humber carbon capture and storage project.
Reported in The Telegraph, National Grid Ventures will abandon its plans to develop new pipelines in the Humber region to take carbon dioxide emissions out to the North Sea and will attempt to sell the project to partners.
Instead, National Grid will focus on the electricity infrastructure and upgrade this to deal with the increased demand from wind farms, EVs and heat pumps.
The offshore section of the project has been developed so far by a coalition of companies known as the Northern Endurance Partnership (NEP) including BP, Total, Shell and National Grid Ventures. The complete CCS project could potentially store 450m tonnes of CO2, and other potential stores nearby could take potential storage capacity to around one billion tonnes.
Earlier this month Bp agreed to develop the Viking CCS project with Harbour Energy, and could take over the Humber Endurance project.
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