The North Sea Transition Authority (NSTA) has received bids covering more than 2 million acres (over 8,000 km2) of seabed at the closure of the UK’s second carbon storage licensing round (NSTA press release, 24/03/2026).
The second bidding round, which opened in December 2025, closed on 24 March 2026 and follows the first four licences awarded in 2023, where initial work to test the injection process is already underway.
>> In Other News: ExxonMobil Fires Up Second CCS Hub in Louisiana with NG3
“It is hoped that, if licences are offered in these areas, they will build on the success of the four storage permits already awarded in two different locations in the UK”, according to the press release. The first projects awarded during the initial round could become operational in 2028:
The Endurance project, located off the north-east coast of England, was granted a storage permit allowing for a potential total storage of 100 MtCO₂ over a period of 25 years.
The HyNet project received three storage permits, with phase one designed to store 109 MtCO₂ over 25 years in the East Irish Sea.
The second round offered 14 locations, which the NSTA indicated could provide up to 2 Gt of additional CO₂ storage capacity.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌿 How Montana Renewables Cut MaxSAF Capex 89% 📋 IRS Issues Notice on 45Z Clean Fuel Production Tax Credit to Support Domestic Biofuel Production and American Agriculture 🌊 Natura...
Inside This Issue 🌬️ U.S. Bank Makes First Carbon Removal Purchase with Carba's Minnesota Biochar Project 🏭 Michigan's CCS Primacy Bid Could Reshape Great Lakes Industry 🏗️ Europe's Largest Carbo...
Inside This Issue ⭐ Deep Sky Receives First Pre-Issuance DAC Rating ♻️ Casella Waste Systems and Waga Energy Bring Third RNG Facility Online at McKean Landfill 🌐 Sinopec and International Partners...
Climeworks Announces Key Performance Improvements at Mammoth
Over the past 18 months, technology upgrades have more than doubled CO₂ capture performance in upgraded collector containers while reducing operating costs by more than 50%. Zurich, Switzerland | ...
A team member at one of InPlanet’s partner farms inspects freshly harvested citrus fruit to assess its quality Remineralizer integrated into the soil following field application, beginning the enh...
Methanol-to-Jet Clears ASTM Gate. What Changes Now?
Methanol-to-jet has crossed a critical technical gate for commercial aviation fuel. ASTM D7566-26a, the active specification updated July 30, 2026, incorporates methanol into the Annex A5 alcohol-t...
RBC Purchases Carbon Credits From Chestnut Improved Forest Management Project
NEW YORK, Sept. 9, 2026 /PRNewswire/ -- Chestnut today announced an agreement to deliver Improved Forest Management (IFM) carbon credits to RBC, a leading global financial institution. IFM practic...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.