Neptune Energy is conducting a feasibility study about a large-scale offshore carbon capture and storage (CCS) project in the Dutch North Sea, with the potential to safely store 120-150 million tons of carbon dioxide (CO2). The study will be done in cooperation with partners and CO2 emitters.
The study will assess the feasibility of injecting between 5 and 8 million tons of CO2 annually into the depleted gas fields around the Neptune-operated L10-A, L10-B and L10-E areas. If the project is developed, it will be one of the largest CCS facilities in the Dutch North Sea and could meet more than 50 per cent of the CO2 reduction being targeted by the Dutch industrial sector.
The Dutch North Sea has the potential to become a‘new energy hub’, given its existing infrastructure that connects offshore with onshore. It will also be home to the world’s first offshore green hydrogen pilot, PosHYdon, which Neptune’s Q13a platform will host.
