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Climate Change

Monday
11 Dec 2023

Cory Inks CO2 Transportation, Storage Deal With Viking CCS

11 Dec 2023  by rigzone   

The deal allows emissions from Cory's facilities to be stored by the Viking CCS project.

Image by Parradee Kietsirikul via iStock

An agreement has been signed allowing carbon dioxide (CO2) emissions from Cory Group’s energy-from-waste facilities (EfW) to be stored by the Viking Carbon Capture and Storage (CCS) project, which is led by Harbour Energy with partner BP PLC.

A joint media release said the deal ensures Cory’s exclusive cooperation with the project in relation to exploring the potential transportation and storage of captured CO2 into the Viking CO2 transportation and storage project via ABP’s Port of Immingham.

Cory is one of the United Kingdom’s leading recycling and waste management companies and operates an EfW facility in Bexley, South London, which diverted about 790,000 tons of residual waste from landfill last year, the press release noted. It is currently developing its second facility, Riverside 2, on the same site, and plans to install carbon capture technology that will cover both facilities and be capable of capturing around 1.3 million tons of CO2 a year by 2030.

The captured CO2 is planned to be shipped to the Port of Immingham, then transported via a new CO2 import terminal to be permanently stored within the depleted Viking gas fields in the southern North Sea.

The use of a shipping solution builds on Cory’s longstanding maritime heritage – the company transports the majority of the waste it processes via a fleet of tugs and barges on the River Thames rather than by road, the press release noted. The approach also aligns with the UK Government’s commitment to non-pipeline transportation solutions for Track 2 CCUS clusters, the press release said.

“CCS will play a critical role in achieving Cory’s commitment to be net zero, and we are delighted to be working with the Viking CCS cluster to make this a reality”, Chris Girdham, Development Director at Cory, said. “Finding a non-pipeline solution for transporting captured CO2 from dispersed sites is essential for fully realizing the UK’s carbon capture and storage potential. As the largest commercial operator on the River Thames, we look forward to bringing our expertise to this project and working with our partners at Viking to take the UK’s CO2 shipping sector to its next exciting chapter”.

“We believe Viking CCS can help play a key role in decarbonizing the UK by providing CO2 transport and storage across sectors and geographies, including as a future destination for CO2 shipping. This announcement is another step in making that a reality”, Daniel Fletcher, Head of CCS Business Development at BP, added.

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