Clean energy security pact formed to explore CCS shipping corridors in North Sea
Four European port and infrastructure players have partnered up to study the potential of carbon capture and storage (CCS) shipping corridors between Northern Europe and the UK, as well as share experience and understanding for the “new but crucial energy transition area”.
Two memorandums of understanding (MoU) have been signed, one between Associated British Ports (ABP) and LBC Tank Terminals and North Sea Port, and one between ABP and the Port of Esbjerg, to pursue collaborative efforts to develop shipping routes for captured CO2, enabling hard-to-abate sectors to cut emissions.
The MoUs will focus on designing port infrastructure for CO2 handling, storage and shipping, building a robust value chain for CO2 transport between ABP’s Humber ports and leading European ports and infrastructure asset owners, as well as driving innovation and efficiencies in carbon capture, utilization, and storage (CCUS) related transportation.
ABP explains that North Sea Port’s port area in Vlissingen is a strategic location to both receive captured CO2 from diverse off-grid locations and transship it onto ships for transport and storage offshore,
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