Published by Todd Bush on March 25, 2026
The North Sea Transition Authority (NSTA) has received bids from carbon storage developers for more than 2 million acres of North Sea seabed as part of its second carbon storage licensing round.
The licensing round was opened in December 2025, offering five locations offshore Scotland and nine offshore England for exploration and appraisal, with the stores offering up to 2 gigatons of additional CO2 storage capacity.
>> In Other News: AirCapture and Almanac Beer Co. Launch World’s First Commercial Beer Carbonated With Co2 Captured From the Atmosphere With Direct Air Capture
The areas fall into two broad categories, including depleted hydrocarbon fields selected by the NSTA, and saline aquifer sites identified following a Call for Nominations, which enabled industry partners to indicate sites of interest that offered a greater chance of successful project delivery.
Following the closure of the carbon storage licensing round today, March 24, the NSTA reported that it had received bids for more than 2 million acres of seabed.
The applications will now be reviewed, with the NSTA to work with the applicants and other stakeholders before deciding on whether or not to award licenses. This will include further consultation and discussions with bodies such as The Crown Estate and Crown Estate Scotland to ensure any awarded areas are spatially planned and coordinated alongside other marine sectors.
“The growth of the carbon storage sector is great news for UK jobs, growth, skills and the supply chain. The UK holds a unique position in developing offshore energy in general, including carbon storage. As we transition, we benefit from decades of experience in the North Sea, commercial know-how, optimal geological conditions, and spatial co-ordination,” said Andy Brooks, NSTA Director of New Ventures.
The UK’s first carbon storage licensing round in September 2023 saw the award of 21 carbon storage licenses. The NSTA subsequently awarded the first storage permits to two projects – Endurance and HyNet – allowing them to proceed towards first injection.
The Endurance site, off the coast of Teesside, which could store up to 100 million tons of CO2, received a permit in December 2024, and Liverpool Bay-based HyNet, which could also store up to 100 million tons of CO2 over 25 years, received three permits in April 2025.
Endurance recently started drilling an appraisal well, which follows the one spudded in the Hewett field in the Southern North Sea by the Bacton CCS project.
The first injection from both projects is possible in 2028.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🍁 Canada's Natural Hydrogen Bet Just Got A Lot Bigger 💰 Carbon Pricing Now Covers 63% Of Global GDP As Emissions Trading Expands 🏛️ Republicans Introduce American Energy Dominanc...
Inside This Issue ⚡ Innio and Net Zero Innovation Hub Deliver World-First 3 MW Demonstration of 100% Hydrogen Backup Power for Data Centers 🌳 Chestnut Carbon Doubles Footprint in Southeast U.S. to...
Inside This Issue 🛢️ Kansas Gets Its First CO2 Storage Well, PureField Shows How 🤝 FPH2 Expands California Renewable Hydrogen Supply Partnerships To Support Public Fleets, Data Infrastructure, And...
Aviva Investors Partners With Climate Impact Partners To Invest In Colombian Afforestation Project
(London) – Aviva Investors, the global asset management business of Aviva plc, announces it has funded a large-scale afforestation and restoration project in Colombia, partnering with Climate Impac...
The close scales the project to 60,000 hectares of funded restoration, positioning Spekboom amongst the world's largest projects. The close combines streaming capital from a syndicate of institutio...
WASHINGTON, April 27, 2026 /PRNewswire/ -- The Ammonia Energy Association (AEA) has partnered with MiQ to launch the AEA Ammonia Certification System, a global certification system designed to faci...
Verde And Isometric Aim To Scale High Integrity Carbon Credits Through Infrastructure
ST. LOUIS, April 27, 2026 /PRNewswire/ -- Verde Resources Inc. (OTCQB: VRDR ) ("Verde"), an emerging leader in sustainable infrastructure products and technologies, today announced a strategic coll...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.