Drax Group UK’s Post

The Decarbonisation Business Stream at ERCE is experiencing a surge in demand, particularly for Carbon Capture and Storage (CCS) studies across Europe and the Asia-Pacific region. We take pride in having delivered Europe's first Public Competent Persons Report (CPR) for Harbour Energy's Viking CCS Project, adhering to the SPE SRMS Standard. Following this, we've completed two further CPRs under the same standard, focusing on both saline aquifers and depleted fields. Our recent role as Lenders’ Subsurface Advisory on a European CCS project highlights our blend of technical excellence and deep understanding of the commercial intricacies of these ventures. Beyond CCS, our expertise extends to feasibility studies on nature-based solutions and electrification strategies for both existing and new operations. We invite you to reach out to discover how ERCE can support your decarbonisation initiatives. #decarbonisation #ccs #ccus #competentpersons #srms #salineaquifer #depletedfields #subsurfaceadvisory #UK #Europe #Global #naturebasedsolutions #electrification #new #old #futureenergy #futurethinking

Two weeks until the SGMF - Leading safe maritime decarbonisation North America Forum! Looking forward to hearing my fellow presenters and attendees express their views on the challenges and opportunities for using #LNG #LPG #Ammonia #Hydrogen and #Methanol across the maritime value chain to safely decarbonise global shipping. POTEN & PARTNERS #Decarbonisation #shipping #IGFCode

IBIA – The International Bunker Industry Association and BIMCO have signed a #MemorandumofUnderstanding (#MoU) to collaborate on some of the monumental challenges and #opportunities within the areas of bunker, marine energy and #maritimesectors and help facilitate #shipping's #decarbonisation efforts. Read more - https://lnkd.in/gA7bUcUD #energyindustry #initiatives

Texas plans to put 1.13 million acres of state waters and bays along the Gulf of Mexico up for bid, targeting parties interested in carbon capture and sequestration (CCS) projects. #carboncapture #climatepolicy #CO2storage #CCS https://bit.ly/3yWnLmT

A key reference for re/insurers to identify where they can be most impactful in supporting a large number of the Sustainable Development Goals (SDGs). The insurance industry has a real opportunity to harness its risk modelling, risk management and risk sharing expertise, to address risks associated with Nature-based solutions, catalyze their financing and help scaling them up.

🇨🇦 🛠 Cedar LNG floats plan for shorter pipeline Cedar LNG is poised to pay $111,000 to the District of Kitimat to use one hectare of land protected under an environmental covenant, allowing the company to vastly shorten the length of its pipeline through municipal areas. In the process, Cedar believes it will help reduce the pipeline’s environmental and community impacts that worry stakeholders. #LNG #CedarLNG #FLNG #pipeline

𝗔𝗹𝗯𝗲𝗿𝘁𝗮'𝘀 𝗔𝘁𝗹𝗮𝘀 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗠𝗮𝗿𝗸𝘀 𝗛𝗶𝘀𝘁𝗼𝗿𝗶𝗰 𝗠𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲 𝗶𝗻 𝗗𝗲𝗰𝗮𝗿𝗯𝗼𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗘𝗳𝗳𝗼𝗿𝘁𝘀 𝟭. 𝗔𝘁𝗹𝗮𝘀 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗔𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁: The Atlas carbon storage hub, in partnership with Shell and ATCO EnPower, signs a carbon sequestration agreement with Alberta's government. 𝟮. 𝗦𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝗰𝗲: This agreement allows for the injection and storage of captured carbon dioxide, advancing Alberta’s decarbonization goals. 𝟯. 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗦𝘂𝗽𝗽𝗼𝗿𝘁: The agreement is described as a critical milestone, emphasizing Alberta's leadership in ethical energy production and CCUS development. 𝟰. 𝗙𝘂𝘁𝘂𝗿𝗲 𝗜𝗺𝗽𝗮𝗰𝘁: The project aims to sequester significant carbon dioxide amounts, supporting Alberta’s goal of a carbon-neutral economy by 2050. 𝟱. 𝗡𝗲𝘅𝘁 𝗦𝘁𝗲𝗽𝘀: Atlas can now apply for regulatory approvals, including Directive 65, to proceed with carbon capture, transportation, and injection activities. #CCUS #CarbonCapture #Decarbonization #AlbertaEnergy #SustainableEnergy #AtlasProject #ShellCanada #ATCOEnPower #CleanEnergy #CarbonSequestration #EnergyTransition #NetZero #CleanHydrogen #EnvironmentalLeadership #EmissionsReduction #CarbonNeutral #GreenEnergy

📢𝐏𝐨𝐫𝐭𝐡𝐨𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐦𝐚𝐤𝐢𝐧𝐠: 𝐍𝐞𝐰 𝐜𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧 𝐬𝐭𝐞𝐩𝐬 𝐬𝐞𝐭𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐭𝐚𝐠𝐞 𝐟𝐨𝐫 𝐟𝐢𝐫𝐬𝐭 𝐃𝐮𝐭𝐜𝐡 𝐥𝐚𝐫𝐠𝐞-𝐬𝐜𝐚𝐥𝐞 𝐍𝐨𝐫𝐭𝐡 𝐒𝐞𝐚 𝐜𝐚𝐫𝐛𝐨𝐧 𝐭𝐫𝐚𝐧𝐬𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐬𝐭𝐨𝐫𝐚𝐠𝐞 𝐩𝐫𝐨𝐣𝐞𝐜𝐭 The #offshore #pipeline construction and work on the platform are slated to start in 2025 so that the project can be put into operation in 2026. With the infrastructure buildout phase underway, the groundwork is being laid down for the first large-scale Dutch #carboncapture and #storage (#CCS) project, known as Porthos, a joint venture between EBN B.V., Gasunie, and the Port of Rotterdam Authority. Upon completion, the brand-new infrastructure will enable the transport of CO2 in the port of #Rotterdam to depleted #gas fields in the #NorthSea. 𝐑𝐞𝐚𝐝 𝐦𝐨𝐫𝐞: https://buff.ly/3MsvHj8 #decarbonization #oilgas #energytransition #CCUS #Netherlands #carbonreduction #oilandgas #offshoreenergy #subsea #Porthos Photo: Port of Rotterdam through which Porthos pipeline will run; Source: Port of Rotterdam 

In a positive step forward, DOE has executed the Integrated Tank Disposition Contract (ITDC) to the H2C consortium for managing Hanford's radioactive tank wastes. This $45B/10 year contract includes managing and processing low activity tank wastes to a stable glassified form for long-term storage, and completing the high level tank waste processing facilities for operation beginning in ~ 2035. It will be interesting to see if H2C will actually see contract funding authorized and appropriated at the projected average annual value of $4.5B, which is nearly double the entire Hanford site annual funding level average.

Looking forward to the Oceantic Network flagship event #IPF. It's set to be another significant year ahead in the US market with the Bureau of Ocean Energy Management (BOEM) poised to open new lease auctions in the Gulf of Maine, Central Atlantic, Oregon Coast, and the Gulf of Mexico. This expansion indicates a growing interest in #offshorewind across various regions. Concurrently, with the U.S. market now stabilising and showing signs of growth, the upcoming year holds promise for much needed supply chain development, increased investment, and a resurgence in shipbuilding activity. The Oceantic networks analysis estimates that within the next twelve months, states may allocate up to 15.5 GW of new power offtake, with around 60% of this capacity aimed at replenishing previously lost contracts. This influx of new power offtake reflects a significant push towards renewable energy sources. The approved capacity for construction is also expected to climb steadily, reaching at least 14.6 GW by December. With so much to discuss it's going to be a very busy few days in the New Orleans. You can find out more here https://lnkd.in/e3d8vTmj #IPF2024 #IPFConf #USAoffshorewind #floatingoffshorewind Liz Burdock Abby L. Watson Úna Brosnan Victoria Mant Aaron Smith Tyler Studds Paula Major John MacAskill Jonathan Lese, MBA, DES, VEMM