Carbon capture and storage (CCS) is being brought to the forefront of debates surrounding the future of the North Sea at this challenging time. With the need to decarbonise the economy becoming more apparent, CCS is emerging as a low cost route towards achieving that goal.
Bill Spence will be leading the Society of Petroleum Engineers (SPE) Aberdeen Section’s next technical meeting, focusing on the Peterhead CCS project and the aim of putting carbon back underground. Mr. Spence is the business opportunity manager at Shell’s proposed Peterhead CCS project, which is one of two projects in the UK competing in the UK CCS Commercialisation Competition.
Mr Spence said: “The Peterhead project offers a unique and exciting opportunity to demonstrate CCS technology on a commercial scale. Not only would the project make gas-fired power even cleaner by capturing 90% of the CO2 ordinarily emitted, it would help reduce the cost of the technology. It would also enable the industry to glean important experience that can be embedded in follow-on projects that are vital if we are to prevent the build-up of CO2 in the atmosphere.”