Milford Haven CO2 Project
The Milford Haven CO2 project is a carbon capture and shipping project for Wales and the United Kingdom. It has the potential to capture up to 5 million tonnes of CO2 per year with first capture from the early 2030s, helping reduce carbon emissions and supporting the UK target towards net zero. It involves a full value chain from carbon emitters to offshore permanent storage, ensuring the safe transport and storage of CO2.
The founding partners RWE and Dragon LNG are working with Shell and the Scottish Cluster Acorn project. This collaboration leverages advanced engineering and existing expertise to support a sustainable future for Wales and the wider United Kingdom.
The project offers a rare opportunity to participate in a scalable, long term infrastructure platform backed by an emerging UK CO2 transport and storage economy, underpinned by the decarbonisation needs of South Wales’ £6bn industrial cluster.
With deep-water port advantages and co-location heat efficiencies at Dragon LNG, the Milford Haven CO2 Project represents a nationally strategic investment with significant potential for expansion as UK and EU carbon markets mature.
