Cory and Viking CCS Sign Landmark Deal for CO2 Transportation and Storage
Posted 11/12/2023 13:06
Cory Group, a prominent UK recycling and waste management company, has entered into a groundbreaking agreement with the Viking Carbon Capture and Storage (CCS) project, led by Harbour Energy in collaboration with BP PLC. The deal allows carbon dioxide (CO2) emissions from Cory's energy-from-waste facilities (EfW) to be stored by the Viking CCS project.
Under the agreement, Cory commits to exclusive cooperation with the Viking CCS project, focusing on exploring the potential transportation and storage of captured CO2 into the Viking CO2 transportation and storage project through ABP's Port of Immingham.
Cory operates an EfW facility in Bexley, South London, which diverted approximately 790,000 tons of residual waste from landfills last year. The company is currently developing its second facility, Riverside 2, with plans to install carbon capture technology covering both facilities, capable of capturing around 1.3 million tons of CO2 annually by 2030.
The captured CO2 will be transported to the Port of Immingham and then conveyed through a new CO2 import terminal to be permanently stored in the depleted Viking gas fields in the southern North Sea.
Notably, Cory's maritime heritage, transporting waste via a fleet of tugs and barges on the River Thames, aligns with the approach of using shipping for CO2 transportation. This strategy also aligns with the UK Government's commitment to non-pipeline transportation solutions for Track 2 CCUS (Carbon Capture, Utilization, and Storage) clusters.
Chris Girdham, Development Director at Cory, emphasized the critical role of CCS in achieving Cory's net-zero commitment and expressed delight in collaborating with the Viking CCS cluster to make it a reality. Girdham highlighted the importance of finding non-pipeline solutions for transporting captured CO2 from dispersed sites to fully realize the UK's carbon capture and storage potential.
Daniel Fletcher, Head of CCS Business Development at BP, expressed confidence that Viking CCS can play a key role in decarbonizing the UK, providing CO2 transport and storage across sectors and geographies, including as a future destination for CO2 shipping. The collaboration marks a significant step toward achieving carbon reduction goals and advancing the UK's commitment to innovative carbon capture and storage solutions.