The North Sea Transition Authority (NSTA) has received bids covering more than 2 million acres (over 8,000 km2) of seabed at the closure of the UK’s second carbon storage licensing round (NSTA press release, 24/03/2026).
The second bidding round, which opened in December 2025, closed on 24 March 2026 and follows the first four licences awarded in 2023, where initial work to test the injection process is already underway.
>> In Other News: ExxonMobil Fires Up Second CCS Hub in Louisiana with NG3
“It is hoped that, if licences are offered in these areas, they will build on the success of the four storage permits already awarded in two different locations in the UK”, according to the press release. The first projects awarded during the initial round could become operational in 2028:
The Endurance project, located off the north-east coast of England, was granted a storage permit allowing for a potential total storage of 100 MtCO₂ over a period of 25 years.
The HyNet project received three storage permits, with phase one designed to store 109 MtCO₂ over 25 years in the East Irish Sea.
The second round offered 14 locations, which the NSTA indicated could provide up to 2 Gt of additional CO₂ storage capacity.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ⚙️ Horizon's 5MW AEM Delivery to Rockcheck Steel Marks a Commercial First 🗺️ Verra Selects Data Service Providers to Produce REDD Risk Maps 🟢 More Green Hydrogen on Its Way 🔌 Ten...
Inside This Issue 🌬️ California Commits $11 Million To Advance Direct Air Capture Demonstration Projects 🤝 Colorado And Wyoming Sign Agreement To Coordinate Carbon Storage Permitting 🧪 Deep Tech S...
Inside This Issue ✈️ Boeing Buys 20,000-Ton Portfolio of Biochar, ERW Carbon Removals 📄 Carbonaires Launches RFP for Offtake-Backed Financing of High-Integrity Carbon Removal Projects 🍁 Excluded N...
Verra Selects Data Service Providers to Produce REDD Risk Maps
Verra REDD Risk Map Data Providers Verra has selected Agresta, Space Intelligence, and a consortium of TerraCarbon and Clark Center for Geospatial Analytics (CGA) to produce new jurisdictional act...
Delivering FEED for Dow’s Path2Zero Cogen Projectin Canada
Worley’s global team is helping Dow set a new benchmark for industrial decarbonization. Worley has been selected by Dow to provide front-end engineering design (FEED) services under a new engineer...
ACR Expands Eligible Sources and Storage in Update to Carbon Capture and Storage Methodology
Version 2.0 expands eligibility for geologic storage to include saline reservoirs and depleted oil and gas reservoirs and extends eligibility for CO2 sources to include biogenic and direct air capt...
EU Pulp Mills Face Multi-Billion Carbon Shift as Carbon Capture and Storage (CCS) Emerges
Since January 1, 2026, around 40% of European pulp mills have been excluded from the EU Emissions Trading System, ending nearly two decades of surplus allowance income. Carbon capture and storage i...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.