In line with our commitment to a net zero future, we have a core focus on decarbonising our energy generation and storage assets.
We are actively exploring opportunities in emerging carbon capture and storage (CCS) and hydrogen technologies to ensure we can continue to provide flexible and reliable energy in a net zero world. These technologies also have the potential to help decarbonise major industrial activity, as well as the heat and transport sectors.
We’ve seen the UK take the lead in offshore wind energy and make major progress on climate action targets as a result. We believe there’s an opportunity to do the same for hydrogen and carbon capture technologies, ensuring we’re doing everything we can, as quickly as possible, to meet our net zero goals.
What is carbon capture and storage?
Carbon capture and storage (CCS) is a technology that can capture at least 90% of the carbon dioxide emissions produced from the use of fossil fuels in electricity generation and industrial processes, preventing the carbon dioxide from entering the atmosphere.
The CCS chain consists of three parts; capturing the carbon dioxide, transporting the carbon dioxide, and securely storing the carbon dioxide emissions underground, in depleted oil and gas fields or deep saline aquifer formations.
What is hydrogen-fired generation?
Hydrogen can replace natural gas as the fuel for flexible thermal power stations. As an energy vector that does not contain carbon, there are no carbon dioxide emissions at point of use. Instead, when burnt with oxygen, the by-product is water.
Both ‘blue’ and ‘green’ hydrogen can be used to generate low-carbon electricity. Blue hydrogen is produced from natural gas with the resultant carbon emissions captured and stored at this point. Green hydrogen is created through the electrolysis of water. This process uses renewable electricity and is therefore carbon-free.