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    Acorn JV names new project lead for Scotland decarbonization efforts

    Jan. 11, 2024
    Nic Braley has been appointed to lead the Acorn Transport and Storage project team.
    Courtesy The Acorn Project LinkedIn
    Late last year, Acorn signed an MoU with power producer Uniper to ship and store captured CO2 from the Isle of Grain power station to Peterhead Port, and on to the Acorn Transportation and Storage system. Acorn partners say this MoU marks a significant step toward identifying a solution to ship captured CO2 for permanent offshore storage, while contributing to the UK government CCUS Cluster Sequencing Track 2 targets.
    Late last year, Acorn signed an MoU with power producer Uniper to ship and store captured CO2 from the Isle of Grain power station to Peterhead Port, and on to the Acorn Transportation and Storage system. Acorn partners say this MoU marks a significant step toward identifying a solution to ship captured CO2 for permanent offshore storage, while contributing to the UK government CCUS Cluster Sequencing Track 2 targets.
    Courtesy The Acorn Project
    Nic Braley
    Nic Braley

    Offshore staff

    SCOTLAND — The Acorn co-venturers have appointed Nic Braley to lead the Acorn Transport and Storage (T&S) joint venture (JV), which consists of Storegga, Shell UK, Harbour Energy and North Sea Midstream Partners.

    Braley has more than 35 years of experience in the global energy sector. He began his career as a petroleum engineer in Aberdeen and has served in senior vice president (SVP), strategy and commercial, chief commercial and technical operator, and country leadership roles in the Middle East, Asia-Pacific and Europe. Most recently, he was SVP of non-operated ventures and North Sea electrification with Harbour Energy.

    Acorn's developments focus on two projects: Acorn CCS and Acorn Hydrogen. The partners say the Acorn T&S system will enable timely and efficient decarbonization of Scotland by providing tangible progress to the Scotland 2045 and UK 2050 Net Zero targets and opening up significant new value creating activity for Scotland and the rest of the UK.

    Storegga CCO Steve Murphy said, “[Nic Braley] will lead a number of key efforts in the structure and development of Acorn T&S and the team working to realize the project, as we respond to Track 2 of the UK government’s cluster sequencing process.”

    In 2021 the UK government awarded the Scottish Cluster reserve status in the first track of its Cluster Sequencing competition. In July 2023, Acorn was recognized as one of two T&S systems best placed to meet the Track 2 criteria and support the delivery of the UK government’s commitment to capture and store 20-30 million tonnes of CO2 by 2030.

    01.11.2024

    Courtesy The Acorn Project LinkedIn
    In second-half 2023, Acorn received licenses from the North Sea Transition Authority for the Acorn East and East Mey CO2 stores, expanding its transport and storage system’s capacity deep beneath the North Sea to about 240 megatonnes (Mt) of CO2. Acorn says these areas of subsea acreage are key elements in its long-term strategy.
    In second-half 2023, Acorn received licenses from the North Sea Transition Authority for the Acorn East and East Mey CO2 stores, expanding its transport and storage system’s capacity deep beneath the North Sea to about 240 megatonnes (Mt) of CO2. Acorn says these areas of subsea acreage are key elements in its long-term strategy.

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