Orion CCS Project Phase 1
Planned Phase: 1
Consortium Partners: Carbon Catalyst Ltd (10%) Prenco UK (licencee 80%) Summit Energy Evolution Limited (Sumitomo) (10%)
Press Releases & Coverage
5 sourcesExternal reporting and primary sources for this asset, ordered from official announcements to references.
Official & Press Releases
Asset Description
Project Overview
This storage project is located in United Kingdom (Europe) and is currently Planned. The primary sector classification is Storage. The reported fate of captured carbon is Dedicated storage. Announcement year: 2023. Final investment decision year: 2029. Planned or actual operation year: 2031. Reported partners: Prenco UK (licencee 80%), Carbon Catalyst Ltd (10%), Summit Energy Evolution Limited (Sumitomo) (10%).
Governing Policy Ecosystem
Direct Link Regulatory 2023
UK CCS Network Code Framework (Planned)
Direct Link Market 2023
UK Energy Act 2023 (CCUS Economic Regulation)
Direct Link Incentive 2025
UK Industrial Carbon Capture Business Model (2025)
Direct Link Regulatory 2023
UK CCUS Vision (2035 Strategy)
Reference Technical Standard 2025
Gold Standard Engineered Removals Activity Requirements (2025)
Reference Market 2024