Net Zero RISE
Third Energy is one of the founding members of the Net Zero RISE consortium. The consortium is a collaboration with industry partners and academic institutions, Newcastle University, University of Oxford, University of Leicester, and Durham University.
The aim of Net Zero RISE is to develop a national capability to develop large scale subsurface solutions and ensure the UK is at the forefront of Carbon Capture Storage, Hydrogen and Geothermal technology.
Through our Net Zero RISE partnership, we will
1. Increase the scale and accelerate the pace of the UK’s deep testing facilities for subsurface technologies.
2. Build a strong scientific evidence base to benefit and advance UK competitiveness in energy storage, carbon sequestration and geothermal exploitation
3. Support the UK Supply Chain through data acquisition, R&D and training
4. Support academic research
Third Energy contribute expertise and facilities to projects which aim to decarbonise energy production and storage using subsurface technology, while repurposing existing onshore oil and gas infrastructure (deep wells) as test sites.
These projects will explore the challenges and opportunities for subsurface technologies and how they can be used to meet net zero targets.
The UK could need ~80 TWh of hydrogen storage which can be delivered by large scale geological storage
The UK is targeting delivering four CCUS clusters, each capturing 20-30 MtCO₂ per year by 2030
Geothermal energy could provide >50 TWh of heating in the UK3
These facilities will speed up the understanding and commercial development of subsurface technologies. They will do this by:
1. Providing safe, accessible, and cost-effective facilities
2. Innovating, developing and testing technologies
3. Exploring carbon storage, hydrogen storage and geothermal exploitation