00:00South Wales, an industrial powerhouse, driving the UK's energy future.
00:08Embedded in the Celtic Freeport, the Milford Haven Waterway is the UK's largest cluster of energy-related businesses,
00:15handling approximately 20% of the UK's energy need.
00:19At its heart, the Milford Haven CO2 Project, a collaborative effort between RWE and Dragon LNG
00:27that aims to significantly reduce carbon emissions, enabling industries to thrive while achieving net zero goals.
00:34Carbon capture and storage is key to securing a sustainable energy future and the project is tackling this,
00:40combining the best minds in power generation, gas handling, liquids and CO2 shipping and storage.
00:48Milford Haven is leading the way, showing the UK how to build a truly sustainable energy future.
00:54The Milford Haven CO2 Project is a collaboration between RWE and Dragon LNG
01:00to create a first-of-a-kind CO2 capture and shipping solution for South Wales.
01:05We're starting here at Pembroke Power Station, one of the UK's largest combined cycle gas turbine stations,
01:12converting potentially two of the machines behind me to post-combustion carbon capture by the early 2030s.
01:19That achieves significant CO2 savings, maybe 2 million tonnes a year of South Wales' emissions removed by the early 2030s
01:26and the potential to do the same to the other machines, reaching maybe 5 million tonnes a year.
01:32There is a clear path through to renewables, but we've got to be able to fill in the space before that,
01:37decarbonising this local industry and protecting jobs for the communities where we're part of.
01:44The gaseous CO2 that we capture at Pembroke will be transported via a pipeline we're developing under Milford Haven
01:52to Dragon LNG, where it will be liquefied and then loaded onto ships,
01:56where it will be transported by sea to dedicated CO2 stores, probably in the North Sea,
02:02where it will be stored securely and permanently under the seabed.
02:06The project will bring high numbers of construction jobs into the area during the build
02:10and then beyond that, securing the jobs of high-skilled, well-paid industries for short-term and for future generations.
02:18It is hoped that the project will lead to more apprenticeships for the young people of Pembrokeshire.
02:23We've got close links with the local Pembrokeshire College and they are currently running different courses there
02:28to help support us in our journey with the decarbonisation.
02:33Future decarbonisation projects are absolutely fundamental to my future and the future of my children.
02:40I want there to be opportunities for them to have green jobs as well as live in the area
02:46where there's a reduction in CO2 locally because of all the green initiatives.
02:52Having the opportunity to work at such a site here in Wales and Pembrokeshire is a massive privilege.
02:57A lot of the people work in local industries associated with fossil fuels
03:01and this will give them an opportunity to transition to a greener future,
03:04upskilling and transitioning to decarbonisation technologies as they emerge.
03:10We are essentially at a crossroads now.
03:13We need to decide and make a move towards decarbonisation and that is something that aligns with my values.
03:19We are proud of what we do.
03:21Being able to capture the carbon that we would otherwise emit into the atmosphere is key
03:26and we should be proud to work for an organisation that's championing this alongside our partners at RWE.
03:31The UK government and RWE actually are committing to building renewable power at pace.
03:37But nevertheless, on days when there's no wind or days of high demand, cold winter nights,
03:42the UK still needs energy independence and security of supply.
03:47Power that we can call on, that's reliable and will come on at the point of need.
03:51The challenge is to decarbonise that option.
03:54We do understand that the UK government is currently assessing the affordability and pace of decarbonisation.
04:01Our ask is actually much simpler than that.
04:03The objective now is to get the project partners across the CO2 value chain moving again.
04:08What that means really is a clear signal on eligibility, shortlisting as a project that they will commit to in the future,
04:16indication of timing and perhaps best, continued funding for our engineering studies.
04:21Such that when the UK government commits to the project, we can hit the ground running,
04:25potentially saving years off the operational date.
04:28And that's millions of tonnes of CO2 to the atmosphere saved,
04:31and that's an investment in engineering design now that more than pays back when we go operational.
04:37Milford Haven CO2 is a critical carbon capture and shipping project for Wales and the United Kingdom,
04:44keeping our industries turning in a net zero world.
04:51www.milfordhaven.co.uk
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