Eni UK signed memos of understanding (MoU) with 19 companies to have their emissions captured, transported, and stored in Eni UK’s depleted hydrocarbon reservoirs as part of HyNet North West project to decarbonize the northwest of England and north Wales.
The project will contribute 100% to the 10 million tonnes/year of CO2 storage capacity and 80% to the 5GW of low carbon hydrogen production capacity targets set by the UK for 2030.
In January 2022 alone, Eni UK signed six of these agreements. Moreover, Eni UK has recently signed further agreements with Cory, Uniper, and the Cavendish Project to evaluate further solutions in terms of storage for the decarbonization of the UK’s industrial clusters.
In October 2020, Eni UK was awarded a CO2 appraisal and storage license in Liverpool Bay to develop a CO2 storage site, and in October 2021 the HyNet North West Cluster was selected by the UK Government as one of the two priority projects (Track 1 projects) out of five competing in the CCUS Cluster Sequencing Process.
Eni UK currently operates Liverpool Bay facilities in the East Irish Sea and the depleted Hewett gas field, 19 miles off the Norfolk coast, which is currently in its decommissioning phase.