There has been “no signal” that the UK Government’s £20bn of planned funding for CCS would be at risk following a general election, said a leading trade body.
Carbon Capture and Storage Association (CCSA)
Several carbon capture and storage (CCS) projects in the UK are considering a move out of the UK to more favourable conditions overseas, a trade body has warned.
After years of discussion and disappointments, amongst them at least two false dawns, the UK’s carbon capture utilisation and storage (CCUS) industry is starting to fall into place.
Energy chiefs have given reassurance that while the pipeline of carbon capture and storage (CCS) projects is currently “modest”, it is “growing rapidly”.
The head of carbon capture developer Storegga says the UK is “sitting on an opportunity” to capitalise on its expertise and resources in deploying CCS.
Chancellor Rishi Sunak has come under fire for “failing to provide much needed clarity” on future carbon capture projects after a snub for the Acorn project last week.
A senior figure at BP (LON: BP) says “compromises will need to be made” over access to space for North Sea energy transition projects.
Sir Ian Wood has questioned Westminster’s decision to provide initial backing to just two carbon capture and storage (CCS) clusters.
Trade body the Carbon Capture and Storage Association (CCSA) has announced the appointment of its new chief executive.
As many as 10,000 new green industrial jobs could be created by the middle of the decade if carbon capture utilisation and storage is immediately scaled up.
A new group has been launched in order to unlock co-location opportunities for offshore wind and carbon capture utilisation and storage (CCUS).
“We mustn’t confuse the public with Extinction Rebellion” – UK Energy Minister Kwasi Kwarteng sets out case for CCUS
Setting out why carbon capture, utilisation and storage (CCUS) is “absolutely essential” to hitting net zero targets will be key in garnering public support for the technology, according to the UK’s energy minister.
Norway is poised to spend more than NOK1billion on building its carbon capture and storage portfolio, according to the Norwegian government.