Take 5: An Interview with Tim Stedman, CEO of Storegga

Storegga’s mission is to accelerate the global energy transition by unlocking the full potential of CO2 storage

Part 1: Background on Storegga and the need for carbon capture and storage (CCS)

1. CCS is a critical technology for achieving net-zero emissions and mitigating climate change. It involves capturing CO2 from industrial processes or the atmosphere and storing it underground, preventing it from entering the atmosphere.

2. Storegga is a leading CCS company with a mission to accelerate the global energy transition by unlocking the full potential of CO2 storage. The company was founded in 2010 and is headquartered in Edinburgh, Scotland.

3. Storegga has a proven track record of developing and operating CCS projects, including the Acorn CCS project in the UK, which is one of the world's first commercial-scale CCS projects.

Part 2: The Acorn CCS project

1. Acorn CCS is a world-class CCS project that will capture and store CO2 from the St Fergus gas terminal in Scotland. The project is expected to capture and store up to 5 million tonnes of CO2 per year, equivalent to the emissions of 1 million cars.

2. Acorn CCS is a key part of the UK's strategy to achieve net-zero emissions by 2050 and is expected to create thousands of jobs and boost the local economy.

3. Storegga is working with a range of partners on the Acorn CCS project, including Shell, Harbour Energy, and the Scottish Government.

Part 3: The future of CCS

1. CCS has the potential to play a major role in achieving net-zero emissions and mitigating climate change. The technology is expected to become increasingly important in the coming years as the world transitions to a low-carbon economy.

2. Storegga is well-positioned to capitalize on the growing demand for CCS. The company has a strong track record, a deep understanding of the technology, and a commitment to innovation.

3. Storegga is committed to working with partners around the world to develop and deploy CCS projects that will help accelerate the global energy transition.