Role of North Sea in CO2 Storage – UK-Norway Study
A study of the role of the North Sea in providing storage space under the sea-bed for carbon dioxide from European countries was commissioned jointly by the UK and Norway. Lord Hunt and the Norwegian Minister Terje Riis-Johansen, met to agree on a clear vision for the potential role of the North Sea in the future deployment of CCS in Europe, at the conference on Climate Change and Technology in Bergen, Norway.
The study will look at how quickly the base of the North Sea could be needed for carbon dioxide storage and what the UK, Norway and other countries have to do to get it ready in time.
The aim of the study will be to build a profile for the whole of the North Sea, assessing each countries’ storage potential and projections of likely volumes and locations of CO2 flows, against a rising price of carbon.
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