‘Acorn’ CO2 Storage area, including Atlantic & Cromarty and Goldeneye depleted gas field areas
Crown Estate Scotland has received a request from Pale Blue Dot Energy Limited to enter into a Lease Option Agreement (Option) for the storage of carbon dioxide (CO2) beneath an area of seabed in a deep subsurface saline aquifer including the Atlantic & Cromarty and Goldeneye depleted gas field areas. The request is to enable Pale Blue Dot Energy Limited to take forward the storage element of their proposed ‘Acorn’ Hydrogen and Carbon Capture and Storage Project. The Option, for a period of four years, is intended to provide some security over the site whilst the development and regulatory licensing process is being undertaken.
Pale Blue Dot Energy Limited will be required to make an application to the Secretary of State through the Oil & Gas Authority for a CO2 storage licence and Crown Estate Scotland intends to finalise the Option documentation within the regulatory timescale.
Crown Estate Scotland intends to grant an Option to Pale Blue Dot Energy Limited three calendar months after the date of this notice. If you would like to make any observations in relation to this proposed grant, please contact Tom Mallows, email@example.com.
29 June 2018