Il UK has entered the march for decarbonisation. The country” represents an attractive destination for investments Eni, precisely in the context of decarbonization” he says Claudio Descalzi CEO of Eni. The company has just received approval from the Department for Energy Security and Net Zero (DESNZ) to build and begin repurposing the project's CO2 transport infrastructure HyNet North West.
The authorization to transport CO2 is the first example of infrastructure project cross-border between England and Wales. The green light concludes a process that lasted 18 months. Now it has arrived in the form of a Development Consent Order (DCO), a very strategic tool.
“We welcome the UK Government's commitment to promote and develop the innovative projects we need to tackle climate change, especially in hard-to-abate emissions sectors,” Descalzi explained. There emissions capture will play a crucial role in addressing the environmental challenge. CO2 emissions from industries that currently do not currently have equally efficient and effective solutions will be eliminated "in a safe manner". The government has taken a decision that is a step forward in creating a new industrial sector in the country." And Eni? "Eni consolidates the leading role it plays for the decarbonisation of its own industrial activities, and those of third parties, at a competitive cost and with a rapid time to market" added the CEO.
The programs
At the end of January Eni completed the acquisition of Neptune Energy, an operation which strengthens its position by granting it access to three further storage licenses for a total capacity of approximately 1GT in the United Kingdom. The system is growing in several countries where it is a question of making useful elements that are harmful to health and the environment.
The latest authorization will see new pipelines built and existing infrastructure reused to transport carbon dioxide from capture plants in the North West of England and North Wales to natural gas fields. Empty deposits are the most suitable infrastructure for locking up everything captured. The hypotheses have been studied for years and Eni has experience of now empty gas wells. Carbon dioxide will come stored safely and permanent. The HyNet project will eventually have a capacity of 4,5 million tonnes of CO2 per year in the first phase, eventually reaching 10 million tonnes.
