Independent Risk Assessment for Carbon Capture & Storage

Understanding the risks associated with CCS projects is a necessary step early on in the process.

These risks can include leakage of CO2 outside the storage complex, poor injectivity, or lower than expected capacity.

We have acted as an independent peer reviewer for an Early Risk Assessment review of a carbon storage site with the UK regulator, the NSTA.

We can review your risk assessment to help you satisfy regulatory requirements, and give you confidence in your assessment of risks and uncertainties.

Independent Assessment

ERCE has participated in the Early Risk Assessment phase. We have delivered our results to the NSTA and our work allowed for the successful progression of the Storage License Application.

We are familiar with Risk systems, as they relate to the site and the complex. Our team brings experience from within oil and gas, but also from other industries such as steel and EPC. We work to understand your corporate risk system and how you’ve related it to the project. We then look at how that project risk system addresses the requirements of the relevant regulations and standards.

Preparing a Risk Assessment Report

Rather than being an independent assessor, we can instead work with your team preparing the report. Our team understands the goal. We have the integrated capabilities across subsurface, topsides and commercial modelling to support building a risk system appropriate for submission to the NSTA.