Government Announces Shortlist of CCUS Phase 2 Projects

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Government Announces Shortlist of CCUS Phase 2 Projects

Posted on: August 12th, 2022 by ccsaEditor

12th August 2022 The Carbon Capture and Storage Association (CCSA), the trade body for the Carbon Capture, Utilisation and Storage (CCUS) industry in the UK, has welcomed the announcement of shortlisted bidders in Phase 2 of the CCUS Cluster Sequencing Process. A crucial step in the delivery of the Government’s Net Zero Strategy. 

The Phase 2 competition is for carbon capture projects that wish to connect to the carbon dioxide transport and storage infrastructure that will be developed through the initial “Track 1 clusters (HyNet North West, East Coast Cluster and Scottish Cluster in reserve).  

Following the submission deadline in January 2022, 41 CCUS and Hydrogen projects from across the UK were considered eligible by BEIS. Of the 41 eligible projects, 20 projects have today been shortlisted for possible support from Government, once it has established that the projects represent a ‘value for money’ investment for the taxpayer. The Government support will be in the form of revenue contracts to cover the cost of operating with carbon capture and storage, as well as potential access to capital support from either the £1bn CCS Infrastructure Fund (CIF) or the Net Zero Hydrogen Fund. The next step for the shortlisted projects is expected to be bilateral negotiations with BEIS to finalise the contracts. 

Ruth Herbert, Chief Executive at the CCSA, said:  

I am delighted to see the government providing certainty to business today by confirming the Phase 2 shortlist. These world-leading projects can now move forward and prepare for the next stage of the process, which we hope will advance swiftly. 

This announcement also sends a very strong signal that Carbon Capture, Utilisation and Storage (CCUS) and Net Zero remains a priority for the UK Government, particularly since it comes during a change in leadership.  CCUS is critical in achieving Net Zero and positioning the UK as the world’s first at-scale hydrogen economy.  It will transform our industrial regions – driving jobs and growth through inward investment and export opportunities.  

That 41 eligible projects applied to Phase 2 demonstrates the scale of interest in CCUS in the UK.  We look forward to getting further clarity on the timetable for future phases and the selection of further clusters in the Autumn, as well as progress on the Energy Bill – all crucial if we are to meet the government’s ambition of four operational clusters by 2030, remain on track to achieve Net Zero by 2050 and secure our place as a global leader in CCUS technology. 

 

ENDS

For media enquiries please contact Joe Butler-Trewin –  joe.butler-trewin@ccsassociation.org

CCUS 2022: Time To Deliver conference to take place in London on 18 to 19 October 2022

Posted on: August 4th, 2022 by ccsaEditor

4 August 2022, LondonCCUS 2022: Time to Deliver is a two-day in-person conference taking place on the 18th – 19th October, hosted by the Carbon Capture and Storage Association.

The theme of this year’s event is “Time to Deliver,” emphasizing the dramatic increase in activity in the CCUS sector that is strongly focused on project delivery.

CCUS is now firmly on the agenda as an integral technology to achieve the Paris Agreement goals. This conference will provide delegates with the latest developments in this rapidly evolving sector as well as an overview of the key actions and milestones that are needed in the UK, EU and internationally to realise the enormous benefits of this vital technology. The conference will be attended by over 400 leaders from across CCUS and end-user sectors, government and regulators, research, legal and financial consulting sectors.

Ruth Herbert, Chief Executive at the CCSA, said:

“Now in its fourth year, the CCUS 2022 conference is THE conference for CCUS – showcasing the best of this vital net zero industry, across the UK, EU and around the world.

 The time for CCUS is now and as we look ahead to COP27 in Egypt in November, the CCSA’s flagship conference provides a key opportunity to hear from countries and companies, setting out their CCUS plans and demonstrating their commitment to meeting climate goals.”

Confirmed sponsors for the conference include:

Further information about the conference, discussion topics and registration can be found on the conference website here.

Join the conversation on social media using the hashtag #CCUSTimetoDeliver

 

ENDS

Notes to Editors

CCUS, or Carbon Capture, Utilisation and Storage, is a key low carbon solution – vital to meeting Net Zero emissions by 2050 at least cost. CCUS enables the production of clean power, clean products (such as steel and cement) and clean hydrogen – which can then be used to decarbonise heating and transport. In addition, CCUS also enables greenhouse gas removal from the atmosphere through Direct Air Capture with Storage (DACS) or Bioenergy with CCS (BECCS).

The CCSA’s vision is to see widespread deployment of Carbon Capture Utilisation and Storage (CCUS) to achieve net zero ambitions by 2050. The CCSA is the lead European trade association accelerating the commercial deployment of CCUS through advocacy and collaboration. We work with members, governments and other organisations to ensure CCUS is developed and deployed at the pace and scale necessary to meet net zero goals and deliver sustainable growth across regions and nations.

The CCSA currently has over 80 member companies who are active in exploring and developing different applications of carbon capture, from diverse point sources and directly from air, CO2 transportation by pipeline and ship, utilisation, geological storage, and other permanent storage solutions, as well as members from management, legal and financial consulting sectors.

For media enquiries please contact Judith Shapiro on 07719763133 or email judith.shapiro@ccsassociation.org

For enquiries about the conference, please contact the event organisers via email at CCSA@legacy-events.com.

To find out more about the Carbon Capture Storage Association (CCSA) please visit the CCSA website at http://www.ccsassociation.org/.

CCSA Blog: CCUS in the Energy Bill – Why policy is key to delivering Net Zero, by Joe Butler-Trewin

Posted on: August 3rd, 2022 by ccsaEditor

During my first week with the CCSA, London was baking in 40-degree heat. This followed a trend of ever-increasing global temperatures. I could not help but think that while I sweltered on my commute, this should come as a stark reminder that our planet needs help.

My background is strategic communications campaigns and public relations. Having previously worked for an MP with a focus on green industrialism and climate protection, I am incredibly excited to join the CCSA as their new Communications & Public Affairs Officer.

I was pleased, on my first day no less, to be reading the Government’s Energy Security Bill, and preparing for its 2nd Reading in the House of Lords. One of the key aims of the bill is to accelerate the growth of carbon capture and storage by putting in place enabling powers for the setting up and scaling up CO2 transport and storage networks across the UK. This a big step forward towards delivery of the UK’s Net Zero Strategy, which relies on the CCUS industry to capture and store over 50 million tonnes by 2035 if the UK is to remain on track to reach Net Zero emissions by 2050.

The potential of CCUS to not only help protect the environment but also to create approximately 10,000 high skilled jobs and protect up to 50,000 traditional, heavy industry careers by 2050. It’s great to see that the bill will work to incentivise businesses to build and operate CCUS initiatives by using business models such as capital and operational support funding. However, a clear deployment plan, setting out how revenue support contracts will be awarded is needed as soon as possible to maintain the level of Industry investment in project development required to meet 2030 deployment targets.

As laid out in our CCUS delivery plan 2035, the CCSA believes that an accelerated capture and storage build out rate should be pursued to reduce deployment costs and exploit the supply chain and export opportunities arising from this new global industry. The Energy Bill is a strong step from Government in establishing the UK as a global leader of CCUS and a champion of Net Zero energy and clean manufacturing – saving the planet can be good for the economy too!