Lance Moore
GHG Monitor
6/26/2015
The Energy Technologies Institute, a public-private partnership based in the United Kingdom, late last week announced a £2 million request for proposals (RFP) for early development plans for a second phase carbon capture and storage project to build off infrastructure created for the “Phase 1” projects currently under development in the country, Peterhead and White Rose. “We will adopt a collaborative, co-venturing approach with our partners to enable risks to be shared amongst multiple investors and ensure that our co-ventures will be well-placed to take advantage of not just this investment opportunity but future opportunities presented by widespread CCS roll out,” Andrew Green, ETI CCS program manager, said in a release.
Proposed projects must capture a substantial amount of CO2 from the equivalent of at least 500MW electricity generation capacity. A suitable site for the project must be identified in the proposal and expressions of interest from the site owner must be provided. The site of the proposed project must be within reach of the transport and storage infrastructure of the Peterhead or White Rose CCS demonstration projects, located in Aberdeenshire and North Yorkshire respectively.
Once proposals have been submitted, they “will be considered by our appointed Selection Panel who will use the proposal assessment criteria to make initial findings, followed by in-depth consideration at a panel meeting before a decision on whether and how to proceed is made,” according to the RFP. Proposals are due Sept. 14.
Selection to award the partnership will be decided by ETI with the underlined intermediary being a direct financial return on ETI’s initial investment. The hope of such a capital project is to develop a shared-risk collaborative effort that will generate a cost-effective, successful integration of the CCS power scheme in the UK, therefore allowing it to further reach its energy policy goals.