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:
Initial Projects From First Licensing Round
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.
Second Licensing Round Capacity
The second round offered 14 locations, which the NSTA indicated could provide up to 2 Gt of additional CO₂ storage capacity.
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Latest issues
-
Can Amogy Power Data Centers With Ammonia?
Inside This Issue ⚡ Amogy and 2G Energy Successfully Demonstrate Integrated Ammonia-to-Power Generation With Natural Gas Multi-Fuel Capability ✈️ Argus Launches SAF Emissions Reduction Indexes and...
-
Ontario Nickel Project Could Add $70 Billion
Inside This Issue 🍁 Canada Nickel Secures Federal Approval for Crawford Nickel Project 🏛️ Whitehouse, Coons, Peters, and Tonko Reintroduce Carbon Dioxide Removal Bill 🌲 Plumas County's Top Biomass...
-
Frontier’s 750,000 Credits Won’t Wait For Pipelines
Inside This Issue 🌽 Frontier Infrastructure Holdings & Carbonfuture Announce Largest Ethanol BECCS Carbon Removal Partnership Agreement to Date ♻️ Puro.earth Certifies World's First Biogas BEC...
Company Announcements
-
With a combined $900k in funding from The Rockefeller Foundation and Meta, Sylvera partners with the State University of Santa Cruz, World Resources Institute, and Symbiosis Coalition, to create th...
-
Collaboration aims to accelerate the commercial deployment of mineral carbonation technology that permanently sequesters CO₂ and produces low-carbon materials for industrial and construction applic...
-
Waste Energy Begins Final Commissioning Phase of Its Midland Waste Conversion Infrastructure Campus
Company Update Lead commissioning engineer arrives as Waste Energy Corp. enters the final stage of transforming its flagship Texas environmental infrastructure campus into a commercial operating a...
-
IRVINE, Calif., Aug. 03, 2026 (GLOBE NEWSWIRE) -- Nuvora Energy Inc., ("Nuvora" or the "Company"), a developer of advanced modular nuclear power and clean hydrogen infrastructure, today announced t...