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SSE, Equinor plan new gas power plant with carbon capture in Scotland

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British utility SSE (SSE.L) and Norwegian energy firm Equinor (EQNR.OL) are jointly developing a new gas-fired power plant equipped with carbon capture technology (CCS) at Peterhead in Scotland, they said on Tuesday.

are jointly developing a new gas-fired power plant equipped with carbon capture technology at Peterhead in Scotland, they said on Tuesday.

SSE operates a combined cycle gas turbine power station at the site in Aberdeenshire, which it is seeking to decarbonise. Both projects are part of Scotland's Net Zero Infrastructure programme, which recently won UK government funding.The final investment decision for the Peterhead plant will depend on the progress of the necessary business models and associated infrastructure, but with appropriate policy mechanisms in place, the new station could come online by 2026, SSE and Equinor said.

 

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