The demonstrator Acorn carbon capture project is planned for St Fergus gas terminal, near Peterhead.
The UK Government will set out long-awaited plans to roll out carbon capture and storage technology later this month.
Business secretary Greg Clark confirmed in a speech last night that Westminster will publish an “action plan” to roll out the clean energy technology at scale in the 2030s.
It comes after the a government taskforce on carbon capture and storage earlier this year highlighted the St Fergus gas terminal near Peterhead as having “unique potential” for deploying the tech widely due to its links to oil and gas.