Prinos CO2 Storage project progresses well!!
HerCCUleS project partner Energean has set up EnEarth, a subsidiary that has the mission to create a new low carbon & environmental services industrial incubator hub in Northern Greece and the wider Mediterranean.
In late June, EnEarth formally applied for a CO2 Storage License at Prinos, Kavala, NE Greece, to the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA).
As detailed in the application submitted for approval, the storage capacity of the first phase of the project will be up to 1 mi llion tonnes of CO2 per year. Once fully developed, storage capacity could reach 3 million tonnes of CO2 per year – underwriting continued industrial operations in Greece and the broader region, protecting employment and socioeconomic standards.
Also, EnEarth signed an agreement with RepAir, company that offers innovative solutions in carbon capturing, that provides for the utilization of RepAir’s advanced Direct Air Capture (DAC) technology to capture CO2 and store it in Prinos.
Congratulations to our Greek partners in our HERCCULES project team!
HERCCULES project is fantastic! The largest ongoing CCUS European project!
It’s a great honor to be part of the team! SHOGenergy, Alla Shogenova, Kazbulat Shogenov
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