UK and European ports are to study the potential of carbon capture and storage shipping corridors between the UK and continental Europe.
Two memoranda of understanding have been signed involving Associated British Ports, LBC Tank Terminals, North Sea Port and the Port of Esbjerg, and which seeks to boost cross-border clean energy development.
Those involved will explore designing port infrastructure for carbon dioxide handling, storage and shipping, as well as building a robust value chain for CO₂ transport between ABP’s Humber ports and European ports and infrastructure asset owners. The question of how best to drive innovation and efficienciesin CCUS-related transport will also be explored.
Shipping captured CO2 is a vital step towards decarbonising energy generation and heavy industry, safeguarding and creating thousands of high-value jobs and creating a market for a new energy commodity, which opens the way to lower costs.
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