Monday, 19 April 2021 Storegga, through its wholly owned subsidiary Pale Blue Dot Energy, Shell, and Harbour Energy, the partners in the Acorn Project, one of the largest and most mature UK CCS and hydrogen projects, have today become equal partners in the project through the signing of the Acorn Development Agreement. As equal partners, Storegga, Shell and Harbour will develop Acorn through to Final Investment Decision, construction, operation and beyond. Courtesy of Pale Blue Dot Energy
The Acorn CCS and Hydrogen Projects could provide critically important CCS and hydrogen infrastructure, helping industries and homes across Scotland and the UK to decarbonize. It is anticipated to be operational in the mid-2020s, providing a clear pathway to help Scotland and the UK to meet their net zero targets. Using CO2 from the St. Fergus gas terminal in Aberdeenshire, from Scotland’s carbon intensive industries and imported CO2 from the rest of the UK and Europe into Peterhead Port,