Contributing to Net Zero, and beyond
ONE-Dyas continue to innovate, pursuing the developments of the North Sea natural gas with near-zero upstream emissions. At the same time, ONE-Dyas is exploring new possibilities – especially on CO₂ Storage as a means to support the decarbonisation of hard-to-abate industries.
The capture and permanent underground storage of CO₂ emissions can play a pivotal role in mitigating the release of greenhouse gases into the atmosphere. CCS is particularly relevant to tackling emissions in hard-to-abate industries. Combined with bio-energy generation or direct air capture technology, it can even generate negative CO2 emissions – which are required to balance unavoidable emissions.
Our CO₂ Storage site
The field’s subsurface characteristics and strategic location near the Port of Rotterdam industrial hub make Q16-FA an interesting candidate for CO2 storage activities. Situated in proximity to the planned Porthos injection facilities on the P18-A platform, and to the route of the planned Aramis CO2 pipeline, Q16-FA is well placed to provide additional capacity to the Dutch CO2 transport and storage system in an environmentally safe and cost-efficient manner. In addition, being so close to shore, the field is easily accessible for ships sailing to the store and offloading and injecting CO₂ directly into the wells. This makes the storage site an appealing option for connecting to existing CO2 infrastructure. Potential connections include the Porthos infrastructure, the Aramis offshore pipeline, or supply by ship. No decisions have yet been taken on the transport connection.
Intergovernmental Panel on Climate Change (IPCC) and International Energy Agency (IEA) studies indicate that CO₂ storage at scale is essential to meeting climate neutrality targets. From a policy perspective, the EU Net Zero Industry Act highlights CCS as an essential technology. The Act sets a storage target of 50 Mt CO₂ per year by 2030, with gas and oil producers obliged to base their contributions on historical production. Additionally, the EU Commission released its Industrial Carbon Management Strategy outlining ambitious EU CO₂ storage goals for 2035, 2040, and 2050.
At the same time, the UK government’s objective to capture and store 20-30 Mt CO₂ annually by 2030 has been the catalyst for a surge of activity in the sector.
