MOSCOW (MRC) -- Italy's Eni said on Friday it was involved in five carbon capture projects selected by Britain in a first group of initiatives worth USD25-B of government funding, said Hydrocarbonprocessing.
The British government on Thursday said it had shortlisted a total of eight projects that could help reduce the country's carbon dioxide emissions and kick-start a hydrogen-based economy. It also launched initiatives in support of a domestic floating offshore wind industry, incentives for investments in renewable energy and support for research on nuclear reactors.
Eni said it will be responsible for the transportation and storage of carbon dioxide emissions in the five projects submitted as part of the HyNet North West consortium. The projects will contribute to the decarbonization of large emitting companies in the industrial hub of North West England and North Wales, including the cement sector, and in the production of hydrogen with a low carbon footprint, Eni said.
We remind, Eni has signed a two-year contract with logistics firm the Spinelli Group to provide diesel produced by 100% renewable raw materials to help power its fleet. The hydrotreated vegetable oil (HVO) is available at 57 service stations, will be available at 150 sales points in Italy by the end of the month and will be used by 150 vehicles in the Spinelli Group fleet. Eni Sustainable Mobility has been operating since January, combining biomethane and sale of mobility-related products across more than 5,000 service stations in Italy and abroad.