VPI

🗨️“Carbon capture isn’t a new industry - we’ve been capturing and safely storing CO₂ in Norway for over 25 years. What’s new is deploying it at scale.” - Says CEO Olivia Powis, in the Financial Times and Equinor feature on carbon capture and storage. In this piece, Olivia joins Luke Myer MP, Co-Chair of the CCUS APPG and MP for Middlesbrough Mid and South Cleveland, and Rich Denny, Managing Director at the Northern Endurance Partnership, to discuss how CCUS can power regional growth, protect jobs and combat climate change. 🏭Rich Denny highlights the UK’s competitive advantage: “The UK has capacity to store up to 78 billion tonnes of CO₂. This infrastructure will last decades, creating jobs, skills and a thriving supply chain” 💡Luke Myer MP reflects on Teesside’s future: “CCUS can lift our region and generate a brighter future – especially for young people entering clean energy.” Teesside is home to the East Coast Cluster, where world-leading CCUS projects like Net Zero Teesside Power and the Northern Endurance Partnership – the first to reach financial close - are turning ambition into action by cutting emissions and producing clean power that’s available whenever it’s needed. Norway’s Northern Lights JV project, led by Equinor, Shell & TotalEnergies, has proven that CCUS works. Heidelberg Materials will capture 400,000 tonnes of CO₂ each year from its Brevik cement plant - about half the site’s total emissions and equivalent to the CO₂ from 150,000 round-trip flights between Frankfurt and New York. 🔎 CCUS can protect and create over 50,000 skilled jobs across the UK’s industrial heartlands alone by 2050, while helping the UK become a global leader in clean energy innovation. But the opportunity doesn’t stop at our borders. Establishing a Europe-wide CO₂ storage market could generate £30bn annually in taxable revenue for the UK, with carbon storage exports projected at £2bn a year by 2030. ⏰ Now’s the time to maintain momentum, scale this industry and turn potential into lasting economic and environmental progress. 📽️Watch the video here: https://lnkd.in/eAAWXfHw #CCUS | #CarbonCapture | #NetZero

Great to see such positive progress on one of our key battery projects in Germany following the announcement of our new partnership with Noveria Energy recently. At VPI, we have a pipeline of more than 1GW of batteries that we plan to develop, build, operate, and optimise to deliver reliable, flexible power and support Germany’s energy transition. A big thanks and congratulations to the Noveria team and the local municipality for this important achievement. Read more below 👇

🔎On Sunday, Energy Secretary Ed Miliband joined Laura Kuenssberg to discuss the government’s Clean Energy Jobs Plan - and carbon capture got a mention for its job-creating potential. With the UK North Sea workforce at risk of halving by 2030, CCUS could help turn the tide. Alongside hydrogen and offshore wind, it could transition 100,000 offshore workers into new opportunities by 2030 with a clear transition plan. 🏭CCUS also has the potential to create up to 50,000 skilled roles by 2050 in the UK’s industrial heartlands and especially in industries like cement, chemicals and manufacturing - sectors with no other path to decarbonisation. The UK can also become a global leader in CCUS. With 1/3 of Europe’s CO₂ storage capacity, we have a unique competitive advantage, alongside the potential to unlock £94 bn in cumulative Gross Value Added by 2050. 🛠️We’ve seen great progress this year in CCUS. Maintaining momentum isn’t just important - it’s essential to ensure the UK captures the full spectrum of opportunities this technology offers. 📽️Listen to the clip at 20:20 on BBC iPlayer here: https://lnkd.in/emZkU4Hd 📝Learn more about the Clean Energy Jobs plan here: https://lnkd.in/eJNydePP #CCUS | #CarbonCapture | #NetZero

It’s been a whirlwind week for #CCS events. ➡️ Monday. We kicked off the week with a celebration: the leader of our #HumberZero #CCS project Jonathan Briggs, was given the life time achievement award by the Chair of the Carbon Capture and Storage Association, Tom Glover, for "launching, managing, and delivering groundbreaking projects that have helped shape the landscape of the UK’s and North America’s CCS and climate technology sectors". ➡️ Wednesday. We discussed the road we need to take to a decarbonised power system alongside Luca Falso, Kayte O'Neill and Jonathan Baker-Brian at the Carbon Capture and Storage Association annual event. ➡️ Thursday. We chaired a fascinating discussion at the Energise Landscape Ltd energy conference, with Alex Milward, David Parkin, Jane Gaston, Chris Rowell from the Tees Valley Combined Authority, and Matthew Rhodes from the Black Country Industrial Cluster, on how we move #CCS from ambition to delivery, protect existing #jobs and create new ones for our key industrial regions. Thank you to all our fellow panellists and event organisers, for a fantastic discussion on what's needed to create a new industry in the UK.

📰CCSA Members in the news ▪️On the back of its recent announcement of signing final contracts with the UK Government, construction has begun on ENCYCLIS’ Protos CCS facility near Ellesmere Port, the UK’s first full-scale carbon capture plant linked to an Energy-from-Waste plant, capturing around 370,000 tonnes of CO₂ annually. More: https://lnkd.in/e7gPMy2c ▪️Arup has been appointed to lead the environmental assessment for the Peak Cluster’s UK carbon capture project, which will capture CO₂ from cement and lime plants and transport it to the Morecambe Net Zero (MNZ) storage site, supporting low-carbon industrial growth and job creation. More: https://lnkd.in/ewHTeKby ▪️VPI 's Immingham plant became the first in the UK to secure full regulatory approval for Shell's Cansolv carbon capture system, enabling the facility to capture up to 3.3 million tonnes of CO₂ annually and feed theViking CCS network. More: https://lnkd.in/eCu9NZvk ▪️Climeworks' direct air capture Mammoth facility at Iceland’s Hellisheiði Geothermal Park continues to scale carbon removal, benefiting from a collaborative climate tech cluster and integrated renewable energy resources for efficient, sustainable operations. More: https://lnkd.in/em7R8Wb3 ▪️National Gas CEO Jon Butterworth MBE, FREng, highlights the UK’s vulnerability to gas supply disruptions and the critical importance of preparedness. Jon provides a broader look at the vulnerabilities of the UK’s energy infrastructure, the government’s focus on resilience amid geopolitical tensions and the planning and powers in place to manage potential gas supply emergencies. More: https://lnkd.in/eRxNRtnp 🔎Interested in becoming a CCSA Member? Learn more about the benefits of membership here: https://lnkd.in/eajj3Gi2 #CCUS | #CarbonCapture | #NetZero

📢A key milestone reached for CCS in the Humber.... 👉 VPI has been granted the first environmental permit in the UK for its selected amine capture technology, in a major step towards decarbonising the country’s most carbon-intensive industrial cluster, while creating new pathways for regional investment and job creation. 🏭 The Environment Agency has approved Shell Cansolv's patented system for use on its Immingham Combined Heat and Power Plant, which sits at the heart of the Humber’s refining and energy cluster. 🏗️ At the same time, we have secured planning permission from North Lincolnshire Council for the carbon capture retrofit, which will future-proof existing heat and power supply, ensuring it is far cheaper than building a new decarbonised plant from scratch. The news comes as the #Chancellor reiterated her commitment to developing #CCS in the #Humber, earlier in the week. Securing these permits reflects how VPI is playing its part to make CCS reality by ensuring our project meets one of the key criteria for success – delivering the project swiftly and cost-effectively. Read coverage below 👇 https://lnkd.in/efsV7yQe Humber Energy Board Humber Business Viking CCS

You can read more about our new JV in Germany to develop battery storage in Bloomberg today 👇

🚀Exciting news!🚀 VPI is set to develop more than 700MW of utility-scale battery storage in Germany through a joint venture with Noveria Energy, a Germany-headquartered project developer. This partnership is part of our ambition to deliver an end-to-end solution for battery storage in Germany, which includes developing, building, operating and optimising assets to help provide reliable, flexible power to support the variability of renewables on the system. 🔋 The pipeline includes five projects in Baden-Württemberg and Brandenburg, ranging from 60MW to 300MW—some of the largest battery systems in Germany. Together with VPI's existing pipeline, we now have more than 1GW of batteries in our pipeline. 👉 Read the full announcement here: https://lnkd.in/ebbFt56S #EnergyStorage #BatteryStorage #EnergyTransition #Germany