Suez, BP to Explore Carbon Capture, Storage Project in UK
November 16 2020 - 6:21AM
Dow Jones News
By Giulia Petroni
Suez SA said Monday that it has signed a memorandum of
understanding with BP PLC to explore the feasibility of a
carbon-capture, utilization and storage project in the U.K.
The French waste and water management company said it would
develop a system to capture carbon-dioxide emissions from an
energy-from-waste facility it operates in the Teesside area. The
captured carbon would be supplied to the CCUS project to then be
transported and stored in a storage site in the North Sea.
The project would allow the capturing of up to 10 million tons
of carbon emissions, which equate to the annual energy use of over
three million households in the U.K., according to Suez.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
November 16, 2020 06:06 ET (11:06 GMT)
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