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No prizes for guessing why those networks are hard-pressed: step forward ‘net zero’ climate obsession. Lack of reliable electricity supply didn’t happen overnight.
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National Grid is quitting its foray into developing carbon capture and storage in the UK, in a blow to the Government’s net zero ambitions, says the Daily Telegraph.
The FTSE 100 company is abandoning its plans to develop new pipelines in the Humber region to take carbon dioxide emissions out to the North Sea.
Its National Grid Ventures arm is in talks to sell the onshore pipeline project to partners, and has already quit another phase of the project.
Carbon capture and storage is considered key to the Government’s plans to reach net zero carbon emissions by 2050, but is not yet up and running at scale in the UK.
Power plants in the Humber region hoping to start capturing…
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Utopia, you are standing in it! 
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