The Central Processing Complex at the Spirit Energy Morecambe field platform, in the Irish Sea off the coast of Lancashire, UK, on Oct. 20.
Photographer: Dominic Lipinski/BloombergThe Energy Chief Trying to Get the UK to Speed Up Carbon Capture
Centrica plans to start storing CO2 in an aging gas field in the Irish Sea
Centrica Plc boss Chris O’Shea is on a mission to show the UK government that it needs to rapidly speed up carbon capture projects, which could become crucial if the country is to reach its net zero ambitions.
The company’s aging Morecambe gas site, off the west coast of England, wasn’t selected for a support scheme this summer that’s backed by billions of pounds of government funding. Even after that disappointment, the energy business still plans to start burying carbon emissions from its own gas processing site nearby around early 2025.