UK ‘well-positioned’ to become world-leader in carbon storage


The UK could become a world-leader in carbon storage following the announcement by the North Sea Transition Authority (NSTA) that it had received a total of 26 bids by 19 companies for the country’s first-ever carbon storage licensing round.

A ‘diverse range’ of applicants expressed interest in the 13 areas on offer, all of which are located off the coasts of Aberdeen, Teesside, Liverpool, and Lincolnshire. 

Opened in response to government targets and growing commercial interest, the round was launched on 14th June with applications closing on 13th September. 

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