Updates on the proposed commercial frameworks for transport and storage, power, and industrial carbon capture business models.
Last changed 7 days ago.
Updates on the proposed commercial frameworks for transport and storage, power, and industrial carbon capture business models.
Source
https://www.gov.uk/government/publications/carbon-capture-usage-and-storage-ccus-business-modelsCanonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.
The UK's North Sea Transition Authority granted consent to NZNSS Ltd to drill a carbon storage appraisal well (CS006) off Teesside for the Endurance project, beginning 7 March 2025 for approximately 90 days. The project supports the UK's net-zero target of storing 100 million tonnes of CO2 annually by 2050, with government backing of up to £21.7 billion and potential creation of 50,000 long-term jobs.
The UK North Sea Transition Authority is recruiting a Chief Financial Officer and Director of Corporate Functions to lead financial strategy and corporate operations as the government expands NSTA's regulatory oversight of oil, gas, carbon storage, and hydrogen sectors.