UK encouraged by bids in second carbon storage licensing round

Published 16:05 on March 24, 2026 / Last updated at 16:05 on March 24, 2026 / / CO2 Management (CCUS), EMEA (Europe)

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The UK's second licensing round for carbon storage attracted bids covering more than 2 million acres (809,371 hectares) under the North Sea, which is likely to result in new storage sites, the government agency announced on Tuesday.
The UK's second licensing round for carbon storage attracted bids covering more than 2 million acres (809,371 hectares) under the North Sea, which is likely to result in new storage sites, the government agency announced on Tuesday.


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