Developers eye rapid UK offshore CO₂ storage growth

Companies have near-term ambitions to bring online 37 storage sites by 2035, according to industry survey by Crown Estates

Developers active in the UK’s CCUS sector have ambitions to bring online more than 50 offshore CO₂ storage sites by 2050, with particularly strong interest in the Southern North Sea, according to a survey by official seabed managers Crown Estate and Crown Estate Scotland. The survey, carried out in the spring, received input from 15 of 22 developers engaged across the UK’s CCUS sector. Those developers that responded to the survey aim to bring online 37 storage facilities buy 2035, with an additional 25 by 2050, the Crown Estate says. Developers showed interest in all regions of the UK continental shelf, with the Southern North Sea being of particular interest as this area is close to the in