Thursday, June 2, 2011

Carbon capture
Research published May 18, 2011 has found that three proposed Scottish carbon capture and storage demonstration projects could be worth £3 billion to the national economy and generate 5,000 new jobs in construction and operation.

The findings, announced by Scottish Enterprise at Scotland's largest low carbon energy conference, All Energy, follow an in-depth study into the economic impact potential of the proposed CCS developments at Longannet, Peterhead and Hunterston.

The proposed facilities, if fully developed, will test and demonstrate the technical and commercial aspects of CCS technology to then allow the deployment of CCS in existing and new fossil fuel power plants to dramatically reduce Scotland's carbon emissions.

First Minister Alex Salmond welcomed the findings. He said:
'Our capacity to store carbon emissions offshore is the largest in the European Union and greater than that of the Netherlands, Germany and Denmark combined. Only last week no fewer than three Scottish CCS demonstration proposals were submitted to the EU New Entrants Reserve, demonstrating the high level of ambition in Scotland. As well as the generation and carbon storage capacity that we have been endowed with by nature, we have an excellent base in science and engineering to ensure we exploit the immense potential of CCS. It is essential that the UK's Electricity Market Reform provides a firm basis for CCS investment into the future.'

Key findings of the study include:

  • Up to 4,600 direct and indirect jobs during construction phase to 2020 with a further 454 operational jobs supported during the operational lifetime of the demonstration facilities
  • Up to £2.75 billion of Gross Valued Added (GVA) for the Scottish economy during construction with an additional £535 million over their operational lifetime

CCS technology could create thousands of new low carbon jobs in Scotland. Recent research has highlighted the vast storage potential of the North Sea as being of European-scale significance and the Moray Firth as having up to a century's worth of storage.

Government of Scottland
Press Release dated May 118, 2011

No comments:

Post a Comment