A consortium of Scottish Government, industry, and researchers has shown that rocks deep beneath the Moray Firth are capable of storing decades of CO2 output from Scotland’s power stations.
As a result Scotland can realise the employment, economic and environmental benefits of carbon storage.
This emerging carbon capture and storage (CCS) industry could create at least 13000 new jobs by 2020.
Detailed research calculates that rock, known as the Captain Sandstone, buried more than half a mile beneath the Moray Firth could store at least 15 years, and potentially a century’s worth of CO2 output from Scotland’s power industry.
Properly developed, and with significant investment, the UK’s share of worldwide carbon capture and storage and storage business could be worth more than £10 billion a year by around 2025.
Scottish Energy Minister Jim Mather said:
'This latest research further strengthens Scotland’s position as the number one location for CCS technology development and deployment in the world.
In depleted oil and gas fields and in its natural geology, the North Sea has an amazing carbon storage potential — the largest offshore storage capacity in Europe — offering up the prospect of thousands of new low carbon jobs being created in Scotland as CCS technology develops. '
Scotland's potentially massive offshore CO2 storage capacity is of European significance.
The European Union has specified that three of the eight CCS demonstrator plants that it will fund under its multi-billion euro demonstrator programme must inject into saline aquifers.
The results from this study place Scotland in
a strong position to secure future EU support
for more detailed assessment of CO2 storage in saline aquifers.
The Scottish Government and commercial organisations with operational interests in Scotland are funding the project:
For more information, please contact Maxine Akhurst.