BP Peterhead (DF1) Fact Sheet: Carbon Dioxide Capture and Storage Project

Company/Alliance: BP and Scottish & Southern Energy (SSE)

Location: Peterhead, Scotland, UK

Feedstock: Natural Gas to Hydrogen

Size: 475 MW, 1.8 million tonnes of CO2 per year captured

Capture Technology: Pre-combustion

CO2 Fate: EOR to extract an additional 50 to 60 million barrels of oil from the Miller field 4km under the seabed, extending the life of the field by 20 years

Timing: Initial engineering feasibility studies (completed), front-end engineering and design (2006-2007), canceled (2007)

Motivation/Economics: The project would have required a total capital investment of ₤1 billion (US$1.9 billion).

Comments: BP abandoned the project after a government energy review delayed a subsidy award, making it too costly to sustain the depleted Miller oil field where the CO2 would be pumped. The UK government is now holding a competition for the best CCS project. Preparation for the project cost BP around $50-$60 million.

Project Link: BP Abandons Plans to Build UK Carbon Capture Plant (May 2007)

Other Sources and Press Release:
Peterhead project to be built in Abu Dhabi (Jan 2008)
Government law causes Peterhead abandonment (May 07)
BP and Partners Plan Clean Energy Plant in Scotland, Increasing Oil Recovery and Reducing Emissions (June 2005)
BP's plan to generate electricity from hydrogen and capture carbon dioxide could set a new standard for cleaner energy (June 2005)