"Today’s announcement by the Prime Minister that the Viking Carbon Capture project is confirmed as one of the Government recognised clusters is good news for northern Lincolnshire and the wider Humber region with a potential for thousands of jobs both direct and in the supply chain.”
The Humber has been chosen as one of two locations for new carbon capture usage and storage clusters, building a thriving clean industry in the North Sea, which could support up to 50,000 jobs
The Government has already committed to deploy CCUS in two industrial clusters by the mid-2020s – the HyNet cluster in North West England and North Wales, and the East Coast Cluster in the Teesside and Humber – and another further two clusters by 2030 – now confirmed as Acorn and Viking.
Viking has the potential to transport and store up to 10 million tonnes of CO2 annually by 2030 and 15 million tonnes of CO2 annually by 2035 with independently verified storage capacity of 300 million tonnes of CO2 across the depleted Viking gas fields. The project could be transformational for the Humber region, potentially unlocking up to £7 billion of investment across the full CO2 capture, transport and storage value chain between 2025 and 2035, creating over 10,000 jobs during construction and providing an estimated £4 billion of gross value add (GVA) to the Humber and its surrounding areas.
The Viking CCS project can also enable, through our work with Associated British Ports at the Port of Immingham, the potential for shipped CO2 from dispersed emitters elsewhere in the UK and internationally to be transported for permanent storage within the Viking fields, creating a new industry for the UK.