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North Sea Transition Authority (NSTA) approach to assessing Financial Soundness of Track 1 cluster Transport & Storage Companies (T&SCos) to hold an NSTA carbon dioxide storage permit

This document sets out the NSTA’s expectations for Track 1 T&SCos with respect to assessing the Financial Soundness of the proposed Storage Operator as part of an application for a storage permit, as required by regulation 7 of The Storage of Carbon Dioxide (Licensing etc.) Regulations 2010

Interactive Energy Map for the UKCS

Organisations are using our interactive spatial and subsurface mapping tools to accommodate and integrate a range of technologies offshore – such as carbon storage, hydrogen, wind and oil and gas – and unlock the value of data.

Measured Escalation Process

The NSTA’s Operations Directorate carries out structured, tiered stewardship reviews as part of its ‘business as usual’ operations. Where an issue arises that requires the NSTA’s attention, this will usually be dealt with initially through this stewardship process.