UK carbon capture specialist Storegga is joining forces with Japanese trading and investment company Mitsui & Co., Ltd. (Mitsui) to advance the commercialisation of direct air capture (DAC) technology.
Confirmed today (25th March) through a Memorandum of Understanding (MoU), the agreement will also support development of the UK’s first DAC facility in North East Scotland which aims to extract one million tonnes of carbon dioxide (CO2) from the atmosphere each year.
Once operating, the facility will contribute to the UK Government’s ambition to deploy at least 5m tonnes per year of engineered carbon removals by 2030 helping both the UK and Scotland meet net zero targets.
High global energy prices – compounded by the Russia-Ukraine conflict – have caused concerns over the dependence of countries on fuels sourced from overseas.
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