- Storegga signed an MOU with INEOS and Petroineos to develop Scotland's first CCS system by 2027.
- The Grangemouth site will capture and store up to one million tonnes of CO2 annually.
- The Acorn project is in the detailed engineering and design phase, aiming to be operational by mid-2020s.
- The project targets more than half of the UK Government's 10Mt/yr CO2 storage goal by 2030.
Project Overview
Storegga has signed a Memorandum of Understanding (MOU) with INEOS and Petroineos to develop Scotland’s first carbon capture and storage (CCS) system at Grangemouth. This initiative aims to capture and store up to one million tonnes of CO2 annually by 2027, linking Scotland’s industrial heartland to the Acorn CO2 transport and storage hub in North East Scotland.
Site and Capacity
INEOS and Petroineos operate one of Scotland’s largest manufacturing sites at Grangemouth. The CCS system will cover the entire site, enabling the capture and storage of approximately one million tonnes of CO2 per year by 2027, with potential for further significant volumes beyond this date.
Climate Targets
This project supports Scotland’s ambitious climate targets through effective carbon capture and storage. INEOS and Petroineos are the latest major industrial emitters to join the Scottish Cluster, which leverages the Acorn Project infrastructure to enable CCS, hydrogen, and other low-carbon technologies in Scotland and across the UK.
Development Phase
The Acorn project is currently in the detailed engineering and design phase, with plans to be operational by the mid-2020s. It aims to achieve more than half of the 10 million tonnes per year of CO2 storage targeted by the UK Government’s Ten Point Plan for a green Industrial Revolution by 2030.
