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GHG Emissions – October 11, 2021
ExxonMobil announced Oct. 6 that it will be increasing its participation in a Scottish carbon capture project that has the potential to significantly reduce the emissions associated with the UK’s industrial sector.
The Acorn project will involve the energy company capturing, transporting and storing CO2 from its Fife Ethylene Plant in Mossmorran, Scotland. This new move builds on a previous Memorandum of Understanding that ExxonMobil would capture and store emissions from its gas terminals at the St. Fergus complex in Peterhead, Scotland.
“The application of carbon capture and storage technology at the Fife Ethylene Plant demonstrates our commitment to reducing CO2 emissions from the industrial sector,” Joe Blommaert, president of ExxonMobil Low Carbon Solutions, said in a statement. “With the right government policies in place and industry collaboration, the carbon capture and storage opportunities we are evaluating, such as in Scotland, have the potential to move forward with current technologies for large-scale, game-changing emissions reductions.”
The project could help the UK government achieve more than half of its target of capturing and storing 10 million metric tons of CO2 per year by 2030. The project could eventually reach a capacity of storing more than 20 million metric tons of CO2 per year by the mid-2030s after an expansion.
The Fife Ethylene Plant recently completed $170 million in infrastructure upgrades to improve operational reliability and performance.