Scotland: Decarbonization Exxon Mobil to be Part of Acorn CCS Project
Under a MOU, Exxon Mobil will be participating in the Acorn carbon capture and storage project (CCS) in Scotland which aims to capture and store 5-6 million tons of CO2 per year by 2030 from gas terminals. The oil and gas company has also joined the Neccus Carbon Capture Alliance which aims at reducing carbon emissions from industrial facilities in Scotland.
Texas/USA – Exxon Mobil has signed a Memorandum of Understanding to participate in the recently announced Acorn carbon capture and storage project (CCS) in Scotland. The project plans to capture and store approximately 5-6 million tons of CO2 per year by 2030 from gas terminals at the St. Fergus complex at Peterhead, Scotland, which includes Exxon Mobil’s joint venture gas terminal.
The Acorn Project has the potential to provide more than half of the 10 million tons per year of CO2 storage the UK Government is targeting, and when expanded has the potential to store more than 20 million tons of CO2 emissions per year by the mid-2030s.
“Exxon Mobil has more than 30 years’ experience in CCS technology and is advancing plans for multiple new CCS opportunities around the world,” said Joe Blommaert, president of Low Carbon Solutions at Exxon Mobil.
We are pleased to support the Acorn Project in the deployment of CCS, one of the most important technologies required to achieve society’s climate goals.
Exxon Mobil also said it has joined Neccus, an alliance of industry, government and academic experts committed to reducing carbon emissions from industrial facilities in Scotland.
Exxon Mobil’s membership will help the alliance explore the potential of technology-driven solutions to reduce emissions by drawing on the company’s extensive global experience with carbon capture and storage. Neccus members include the Scottish Government, four leading Scottish universities and several industry partners.
“Our membership in Neccus and our involvement with Acorn underscores our commitment to addressing the dual challenge of meeting the world’s energy needs while reducing emissions from our operations,” Blommaert said. “As a world leader in the development and use of carbon capture and storage, we will work with the alliance to identify how this technology can play a pivotal role in reducing Scotland’s emissions.”
Mike Smith, CEO of Neccus: “Decarbonizing industrial emissions will be a challenging but essential part of meeting the national 2045 net-zero target. We believe Scotland is well placed to deliver on technologies such as carbon capture and storage, and hydrogen, which are necessary to achieve a net-zero industrial cluster. Collaboration across the organizations within Neccus will be essential to this ambition, and the experience Exxon Mobil brings will enhance this collaboration.”