Neptune sees near-term potential for Dutch CCS
Once the parameters are established, the Netherlands’ offshore gas infrastructure could be capturing material volumes of carbon by mid-decade
The assets and expertise in the Dutch business of UK-headquartered producer Neptune Energy are “well-placed to play a role” in the rapid development of carbon capture and storage (CCS), the firm’s managing director for the Netherlands, Lex de Groot, tells Transition Economist. The firm launched a study last year into the potential for CCS at its L10-A field, which is a major processing hub for numerous fields in the western part of the Dutch North Sea. Producing since 1975, L10-A is very nearly depleted. 100-150mn tCO<sub>2</sub> – CCS potential at L10-A “These facilities and their associated pipelines can be relatively easily used for CO2 storage,” sa
Also in this section
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
10 December 2024
Tightened standards have helped improve the outlook for the voluntary carbon market, which is set for a record year and poised for long-term growth