enfinium Unveils $2.1B Net Zero Transition Plan With Carbon Removal Targets, CCS Initiatives

Enfinium Progresses Carbon Capture And Storage Project With Over $250M Investment - Carbon Herald
Image: enfinium.co.uk

enfinium, a leading UK energy from waste operator, is committed to delivering 1.2 million tons of carbon removals annually by 2039 and achieving net zero for scope 1 and 2 emissions by 2033, leveraging carbon capture and storage (CCS) technology, according to its Net Zero Transition Plan.

Fueled by an investment program exceeding $2.1 billion (£1.7 billion) throughout enfinium’s operations, this initiative will generate green jobs and stimulate economic growth throughout the UK, the company said in a statement Wednesday.

The UK currently faces a challenge with approximately 27 million tons of non-recyclable waste generated each year.

Even with ambitious recycling targets, projections suggest over 17 million tons of unrecyclable waste will persist annually by 2042.

Notably, about half of this waste contains biogenic content that has already absorbed carbon dioxide (CO2) from the atmosphere.

enfinium intends to address this by implementing CCS technology in its energy-from-waste facilities.

This innovation will capture and store CO2 permanently, preventing its release into the atmosphere and resulting in net carbon removal.

Relevant: enfinium Progresses Carbon Capture And Storage Project With Over $250M Investment

“Carbon removals is a once in a generation opportunity for the waste sector globally,” Mike Maudsley, CEO of enfinium, said.

The company’s Net Zero Transition Plan not only focuses on carbon removal through CCS but also outlines initiatives to support local communities in achieving net zero for their operations.

These include developing heat networks, producing electrolytic hydrogen, and supplying carbon-negative electricity through private wires, fostering localized ‘decarbonisation hubs’.

Independently verified by engineering consultancy Arup, the plan has garnered support from Ben Glover, Director and UK Resources Business Leader at the firm.

He praised Enfinium’s actionable pathway and timeline, affirming the role of energy-from-waste in delivering essential carbon removals for the UK economy and highlighting the potential for sustainable energy generation and job creation.

Read more: enfinium Announces UK’s First Waste-To-Energy Carbon Capture Pilot

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts
Translate »