The £2 billion U.K. project targets the use of new and existing hydrogen and CCUS technologies to capture and store more than 100 million tonnes of CO2 over 25 years, boosting net-zero initiatives.
The North Sea Transition Authority (NSTA, Aberdeen, U.K.) has awarded three carbon storage permits to energy company Eni SpA (Rome, Italy) for Liverpool Bay CCS, the CO2 transportation and storage system which will serve the HyNet industrial cluster.
>> In Other News: FuelCell Energy Announces Leadership Transition: Mike Hill Named Chief Commercial Officer to Replace Departing Mark Feasel
HyNet is a U.K. project that aims to decarbonize the North West of England and North Wales through the use of hydrogen and carbon capture, usage and storage (CCUS) technologies. HyNet will upgrade existing infrastructure, as well as develop new infrastructure. This includes underground pipelines, hydrogen production plants and storage facilities.
Phase one of HyNet is designed to store 109 million tonnes of CO2 in the East Irish Sea over 25 years — the equivalent of taking 60.1 million cars off the road for a year.
HyNet’s use of hydrogen and CCUS technologies like underground pipes could have large implications for robust and effective composite solutions.
Thermoplastic composite pipes (TCP) emerged in the oil and gas industry in the 1990s thanks to their noncorrosive and high-strength nature in both onshore and offshore environments.
Today, TCP is being considered and developed for hydrogen solutions. Hive Composites’ multilayer design — validated for 30-plus years of service life, offering 59% CO2 reduction versus steel and 40-times faster installation rates — could have high potential for projects like HyNet. This is not to mention the design’s long-term durability under varying pressure and temperature regimes, impact resistance and other optimal features.
The awarded permits enable Eni to start preparing the stores for the initial injection of 4.5 million tonnes of CO2 per year starting as soon as mid-2028. They were issued alongside the economic license awarded by the Department for Energy Security and Net Zero.
Carbon storage is a vital cog in the U.K.’s clean energy future and the NSTA is playing a major role in ensuring the sector reaches its full potential. The NSTA awarded its first-ever carbon storage permit to the Northern Endurance Partnership (NEP) for a site in the Southern North Sea in December 2024. The regulator also launched a large-scale carbon storage licensing round in 2022, resulting in 21 awards the following year.
HyNet will be served by a combination of new infrastructure and existing infrastructure which will be repurposed for carbon transportation and storage. In total, more than 90 miles of offshore and onshore pipeline will be given a new lease of life, delivering substantial cost savings and cutting the environmental impact associated with the construction, transportation and installation of new kit.
A new platform will be installed at the Douglas field to receive CO2 from the Point of Ayr Gas Terminal in Flintshire, Wales. From there, the CO2 will be transported onward to the Hamilton, Hamilton North and Lennox depleted oil and gas reservoirs operated by Eni in Liverpool Bay, for permanent storage.
Ed Miliband, energy secretary, says:
“Thanks to the North Sea, we have one of the greatest carbon storage potentials of any country.”
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💰 LanzaJet Announces $47M in New Capital and First Close of Equity Round at $650M Pre-Money Valuation 🚢 Maersk's Ethanol Bet Could Reshape U.S. Fuel Markets 🪨 Canada Nickel and t...
Inside This Issue 🛡️ Kita's $29M Bet Signals Carbon Insurance Is Here 🏗️ CCI BioEnergy Selects Arcadis As Design-Engineer Partner Under Master Service Agreement 🤝 Tapestry and Climeworks Announce ...
Inside This Issue ⚡ Cummins Quit Electrolyzers. Electric Hydrogen Didn't. 🧪 New Electrified Method Captures Carbon Dioxide From Air 🌾 Iowa Could Be on the Cusp of a Hydrogen Rush; Lawmakers Weigh ...
Honeywell Enters Into Amended Agreement to Acquire Johnson Matthey's Catalyst Technologies Business
Total consideration adjusted to £1.325 billion, long stop date extended to accommodate outstanding transaction requirements CHARLOTTE, N.C., Feb. 23, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) t...
Azzera Introduces SAF POD to Address Growing Infrastructure Gap in SAF Supply Chain
SAF POD aims to reduce friction in SAF transactions through structured upstream coordination and shared digital reference points. "The industry needs scalable systems that allow SAF information to...
HOUSTON and OXFORD, England/PRNewswire/ -- Velocys today announced that it has implemented manufacturing and delivery efficiencies that reduce total investment cost for its microFTL™ technology by ...
Agreement signals ongoing growth of Sustainable Aviation Fuel market GREAT FALLS, Mont. and BOSTON, Feb. 19, 2026 /PRNewswire/ -- Montana Renewables, LLC (MRL) and World Energy Clean Fuels LLC (Wo...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.