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Wales Online
4 days ago
- Business
- Wales Online
Why 11km trench will be dug between two North Wales towns and under A55
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info A Net Zero proposal would see an 11km trench dug across Flintshire and under the A55. The scheme is part of the wider HyNet project that is set to take CO2 from high energy consuming businesses in North Wales and North West England and transport it to depleted gas fields under Liverpool Bay. A plan is now in for the Padeswood Spur Pipeline would transport CO2 from the new carbon capture plant at the Heidelberg Materials UK cement works in Padeswood, to the HyNet Carbon Dioxide Pipeline at Northop Hall. The pipeline will be approximately 11km in length, running between Mold and Buckley before crossing under the A55 near Northop Hall (full route and map below). It is anticipated that if planning permission is granted for the Padeswood Spur Pipeline, that construction works will commence in September 2026 and continue until February2028. The majority of the pipeline route will be installed by open trench construction methods. The working width will be wide enough to allow construction activities to take place safely and efficiently. A standard construction corridor width of 25m is proposed. Trenchless crossing methods will be required at certain locations to minimise disruption and environmental impacts. Such locations will include major roads, major watercourses and other environmental features such as ancient woodland. Horizontal Directional Drilling will be used to cross under the A55. Some more minor roads will be closed for temporary periods during the work. Sign up for the North Wales Live newsletter sent twice daily to your inbox The 16' in diameter pipe built out of steel will be buried underground along its entire length, except for short sections at the beginning and end where it will connect to the Padeswood AGI (Above Ground Installation) and the Northop Hall AGI. It is designed to have a life span of 25 years. When it ceases to be operational and reaches the end of its useful life, the pipeline will be decommissioned, filled with nitrogen and left in-situ. HyNet has the potential to remove CO2 emissions from industry by up to 10 million tonnes every year in the 2030s – the equivalent of taking four million cars off the road. Separate plans are being made for the actual HyNet pipeline that will cross parts of North West England and Flintshire. The Padeswood pipeline route: The Padeswood Carbon Dioxide Spur Pipeline routes West from the Padeswood AGI, immediately turning North and crossing the A5118. It then turns west running adjacent to the A5118. To the south of Buckley, the Padeswood pipeline routes in a generally north-west direction towards Mynydd Isa. South of Mynydd Isa and to the East of the Wylfa roundabout the Padeswood Carbon Dioxide Spur Pipeline crosses the A549 and passes between the settlements of Mynydd Isa and Mold. As it turns North, the route then crosses the A494 Mold Bypass in two locations, before running adjacent to the A494 Mold Bypass on the East side and heading North. The route crosses Bryn-y-Baal Road and Wat's Dyke for a second time. The pipeline then crosses the A494 for a third time to the east of the New Brighton Roundabout, before continuing in a generally northerly direction through agricultural land towards the A55, crossing Alltami Road along the route. In the north, the pipeline route crosses under an area of Ancient Woodland and the A55, after which the route terminates at Northop Hall AGI, which is located to the north of the A55 between the settlements of Northop Hall and Northop. Open trench road crossings will necessitate the closure of roads and implementation of diversion routes. Road closures are anticipated to last a maximum of two weeks. The following roads are anticipated to require temporary short-term closures: Padeswood Road South, Rose Lane, Bryn-y-Baal Road and Alltami Road. An application for the pipeline, an Above Ground Installation (AGI), plus ancillary works and equipment to serve the Padeswood Carbon Capture and Storage Project has been submitted by Liverpool Bay CCS Limited to Flintshire council. A report states: "Overall, the Padeswood Spur Pipeline Proposed Development will provide significant benefits in terms of national and local carbon reduction targets, facilitate transition to a low carbon economy, and contribute significantly to efforts against the climate emergency. "The ES (Environmental Statement) which accompanies this application demonstrates that, through careful design and use of mitigation measures, the Padeswood Spur Pipeline Proposed Development will not result in unacceptable adverse impacts to the environment." Join the North Wales Live WhatsApp community group where you can get the latest stories delivered straight to your phone
North Wales Live
4 days ago
- Business
- North Wales Live
Why 11km trench will be dug between two North Wales towns and under A55
A Net Zero proposal would see an 11km trench dug across Flintshire and under the A55. The scheme is part of the wider HyNet project that is set to take CO2 from high energy consuming businesses in North Wales and North West England and transport it to depleted gas fields under Liverpool Bay. A plan is now in for the Padeswood Spur Pipeline would transport CO2 from the new carbon capture plant at the Heidelberg Materials UK cement works in Padeswood, to the HyNet Carbon Dioxide Pipeline at Northop Hall. The pipeline will be approximately 11km in length, running between Mold and Buckley before crossing under the A55 near Northop Hall (full route and map below). It is anticipated that if planning permission is granted for the Padeswood Spur Pipeline, that construction works will commence in September 2026 and continue until February2028. The majority of the pipeline route will be installed by open trench construction methods. The working width will be wide enough to allow construction activities to take place safely and efficiently. A standard construction corridor width of 25m is proposed. Trenchless crossing methods will be required at certain locations to minimise disruption and environmental impacts. Such locations will include major roads, major watercourses and other environmental features such as ancient woodland. Horizontal Directional Drilling will be used to cross under the A55. Some more minor roads will be closed for temporary periods during the work. Sign up for the North Wales Live newsletter sent twice daily to your inbox The 16' in diameter pipe built out of steel will be buried underground along its entire length, except for short sections at the beginning and end where it will connect to the Padeswood AGI (Above Ground Installation) and the Northop Hall AGI. It is designed to have a life span of 25 years. When it ceases to be operational and reaches the end of its useful life, the pipeline will be decommissioned, filled with nitrogen and left in-situ. HyNet has the potential to remove CO2 emissions from industry by up to 10 million tonnes every year in the 2030s – the equivalent of taking four million cars off the road. Separate plans are being made for the actual HyNet pipeline that will cross parts of North West England and Flintshire. The Padeswood pipeline route: The Padeswood Carbon Dioxide Spur Pipeline routes West from the Padeswood AGI, immediately turning North and crossing the A5118. It then turns west running adjacent to the A5118. To the south of Buckley, the Padeswood pipeline routes in a generally north-west direction towards Mynydd Isa. South of Mynydd Isa and to the East of the Wylfa roundabout the Padeswood Carbon Dioxide Spur Pipeline crosses the A549 and passes between the settlements of Mynydd Isa and Mold. As it turns North, the route then crosses the A494 Mold Bypass in two locations, before running adjacent to the A494 Mold Bypass on the East side and heading North. The route crosses Bryn-y-Baal Road and Wat's Dyke for a second time. The pipeline then crosses the A494 for a third time to the east of the New Brighton Roundabout, before continuing in a generally northerly direction through agricultural land towards the A55, crossing Alltami Road along the route. In the north, the pipeline route crosses under an area of Ancient Woodland and the A55, after which the route terminates at Northop Hall AGI, which is located to the north of the A55 between the settlements of Northop Hall and Northop. Open trench road crossings will necessitate the closure of roads and implementation of diversion routes. Road closures are anticipated to last a maximum of two weeks. The following roads are anticipated to require temporary short-term closures: Padeswood Road South, Rose Lane, Bryn-y-Baal Road and Alltami Road. An application for the pipeline, an Above Ground Installation (AGI), plus ancillary works and equipment to serve the Padeswood Carbon Capture and Storage Project has been submitted by Liverpool Bay CCS Limited to Flintshire council. A report states: "Overall, the Padeswood Spur Pipeline Proposed Development will provide significant benefits in terms of national and local carbon reduction targets, facilitate transition to a low carbon economy, and contribute significantly to efforts against the climate emergency. "The ES (Environmental Statement) which accompanies this application demonstrates that, through careful design and use of mitigation measures, the Padeswood Spur Pipeline Proposed Development will not result in unacceptable adverse impacts to the environment."
Yahoo
09-06-2025
- Business
- Yahoo
Miliband warned carbon capture project faces collapse without £4bn injection
A green technology project pioneered by Ed Miliband faces collapse without an additional £4bn in funding, industry chiefs have warned. Olivia Powis, the chief executive of the Carbon Capture and Storage Association, said the fledgling technology must receive support from Rachel Reeves, the Chancellor, at her spending review on Wednesday despite having been recently awarded almost £22bn in public subsidies. It wants the money – funded by consumers and taxpayers – to expand the two carbon-capture projects already approved by Mr Miliband, the Energy Secretary, and to kick-start two more, including one in Scotland. Ms Powis said there was a 'critical need' for further funding commitments from the Government. She warned that, without the extra cash, even the two schemes approved by Mr Miliband may never go ahead. She added: 'The UK supply chain is ready to respond with the skills, innovation and capabilities needed to make UK carbon capture a world-leading industry. 'But continued government commitment and a pipeline of future projects is essential to ensure that domestic suppliers can compete, scale up and create lasting jobs across the country – otherwise we will see investors and this industry go overseas.' Approving the initial £21.7bn last autumn, Ms Reeves described it as a 'game-changing technology [that] will bring 4,000 good jobs and billions of private investment into communities across Merseyside and Teesside'. However, MPs have warned that the technology is 'unproven' and 'high-risk'. Jeremy Pocklington, the permanent secretary at the Department for Energy Security and Net Zero, told the public accounts committee last December that 75pc of the money to fund carbon capture would come from levies on consumer and business energy bills and the rest from taxes. Experts warn that CO2 capture may only be 50 to 60pc efficient, meaning some CO2 still enters the atmosphere. Projects backed by the Government so far include the HyNet scheme in Merseyside and Net Zero Teesside, for which contracts were signed last year. The industry wants cash to expand those projects and add another two: the Acorn project on Scotland's east coast and the Viking project based in the Humber. Mr Powis said: 'We estimate this new industry will create 50,000 new highly skilled jobs and retain another 50,000 jobs in existing industries like steel. 'It will contribute to new industries like sustainable aviation fuels, and generate a cumulative £94bn in value for the economy by 2050.' But Richard Tice, the deputy leader of Reform UK, said the policy would add to consumer bills and do little for the environment. He said: 'We should scrap this technology. This is an outrageous demands for unproven technology that will make zero difference to climate change. Even the Greens reject it.' Carla Denyer MP, co-leader of the Green Party, added: 'Carbon capture and storage (CCS) is being used as green-wash by the fossil fuel industry, allowing them to continue extracting coal, oil and gas. 'This technology is a distraction from what we should be focusing on, namely, boosting renewable energy and storage, energy efficiency and home insulation programmes and working with nature and land managers to capture carbon naturally.' Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.
Yahoo
28-05-2025
- Business
- Yahoo
Eni Eyes Strategic Partnership With GIP in CCUS Business
Eni S.p.A. E has entered into exclusive negotiations with Global Infrastructure Partners ('GIP'), an investment group within BlackRock, to potentially sell a 49.99% co-control stake in its carbon capture, utilization, and storage ('CCUS') subsidiary, Eni CCUS Holding. The agreement marks a significant move in Eni's strategy to accelerate energy transition investments while unlocking value from its growing portfolio of decarbonization assets. The exclusivity period will allow both parties to complete due diligence and finalize transaction documentation. Eni CCUS Holding operates several key carbon capture initiatives, including the HyNet and Bacton projects in the UK and the L10 project in the Netherlands. It also holds future acquisition rights to the Ravenna CCS project in Italy, offering GIP a gateway to some of Europe's most critical carbon management infrastructure. Eni stated that the deal emerged from a competitive selection process with major international players, highlighting strong market interest in CCUS growth potential. In addition to acquiring a nearly 50% stake, GIP is expected to co-invest in expanding the CCUS platform. Eni views this as a validation of the value it's building within its energy transition portfolio, which includes renewable energy, sustainable mobility and low-carbon technologies. Eni recently secured financing for the Liverpool Bay CCS project, a key component of the UK's HyNet industrial cluster. The project aims to capture CO2 emissions from industrial facilities in North West England and North Wales, transporting them for permanent storage beneath the Irish Sea. Following project approval by the North Sea Transition Authority, Eni awarded major EPC contracts to Italian firms. Saipem will build a new CO2 compression station, while Rosetti Marino will deliver four offshore platforms for long-term CO2 storage. Earlier in May, Eni was among 44 oil and gas firms tasked by the EU to advance carbon storage initiatives to meet a bloc-wide goal of injecting at least 50 million tons of CO2 annually by 2030. The timing of Eni's stake sale discussions signals strong investor appetite for such infrastructure as Europe's regulatory and climate ambitions intensify. Eni's potential partnership with GIP could serve as a model for how legacy energy companies monetize transition-related assets while leveraging external capital to scale their decarbonization footprint across Europe. E currently carries a Zack Rank #4 (Sell). Investors interested in the energy sector may look at some better-ranked stocks like Subsea 7 S.A. SUBCY, Energy Transfer LP ET and RPC Inc. RES. Subsea 7 presently sports a Zacks Rank #1 (Strong Buy), while Energy Transfer and RPC carry a Zacks Rank #2 (Buy) each. You can see the complete list of today's Zacks #1 Rank stocks here. Subsea 7 helps build underwater oil and gas fields. It is a top player in the Oil and Gas Equipment and Services market, which is expected to grow as oil and gas production moves further offshore. The Zacks Consensus Estimate for SUBCY's 2025 EPS is pegged at $1.31. The company has a Value Score of A. Energy Transfer is poised to benefit from long-term fee-based commitments. It is also focused on expanding operations through organic and inorganic initiatives. The firm is looking for solutions to meet growing energy demands from additional demand centers through its pipeline network. Energy Transfer's systematic investments should boost its total fractionation capacity at Mont Belvieu and raise its top line. The Zacks Consensus Estimate for ET's 2025 EPS is pegged at $1.44. The company has a Value Score of A. RPC generates strong and stable revenues through a diverse range of oilfield services, including pressure pumping, coiled tubing and rental tools. The company is strongly committed to returning value to shareholders through consistent dividends and share buybacks. RPC's current dividend yield is higher than that of the composite stocks in the industry. Its new Tier IV dual-fuel fleet has boosted profits, with plans to further expand high-efficiency equipment to enhance operational capabilities. The Zacks Consensus Estimate for RES' 2025 EPS is pegged at 38 cents. The company has a Value Score of A. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Eni SpA (E) : Free Stock Analysis Report Energy Transfer LP (ET) : Free Stock Analysis Report RPC, Inc. (RES) : Free Stock Analysis Report Subsea 7 SA (SUBCY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Press and Journal
27-05-2025
- Business
- Press and Journal
Aberdeen firm invests in new base for 200 engineers
Energy consultancy Penspen has marked a major milestone in its north-east growth story by opening a new, larger office in Aberdeen. The hub brings together 200 specialist engineers under one roof as the company ramps up delivery of energy transition and infrastructure projects across the UK and Europe. Penspen says the move to Balmoral Business Park in Altens shows its long-term commitment to Aberdeen, where it has had a presence since the late 1980s. The purpose-built office replaces the company's former base at Queens Gardens and brings in staff from C&I Engineering Solutions, the local firm it acquired in 2024. 'Aberdeen is a critical hub for us – a region where we have deep roots and long-standing relationships with key clients,' said Darren Bartlett, Penspen's director of engineering and energy transition. 'This move reflects both our history in the north-east and our ongoing commitment to its future.' From its new base, Penspen will lead on serval major low-carbon infrastructure projects. These include engineering work on the HyNet CO₂ pipeline in Liverpool Bay and a hydrogen infrastructure gap analysis for the Trans Adriatic Pipeline, part of the EU's Southern Gas Corridor. The company is focused on two key areas: energy security and the repurposing assets for hydrogen and carbon transport – sectors seeing fast-growing demand. The Balmoral office will also serve as a training hub, for skills in hydrogen systems, CO₂ transmission, and infrastructure reuse. These skills are considered vital to the UK's future energy system and local workforce development. Penspen has operated globally for over 70 years. Its workforce has grown from 750 in 2019 to 1,200 today, including more than 200 staff in Aberdeen. 'Bringing the Penspen and C&I Engineering Solutions teams together under one purpose-built roof will strengthen collaboration and further enhance the service we deliver to our clients,' said Mr Bartlett. 'Investing in our Aberdeen presence enables us to grow our team and our capabilities to deliver technically challenging projects that support global clients at every stage of the energy project lifecycle. 'We're proud to make a commitment to the city as it positions itself at the heart of the energy transition.' Although headquartered in London, Penspen is part of Sidara, which is currently in talks to acquire Aberdeen-based engineering giant Wood.
