CCSA comments on CCUS and hydrogen in the Chancellor’s new Growth Plan

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CCSA comments on CCUS and hydrogen in the Chancellor’s new Growth Plan

Posted on: September 23rd, 2022 by ccsaEditor

23 September 2022, London

Today, the Chancellor of the Exchequer published a new Growth Plan, which includes CCUS and hydrogen in the list of infrastructure projects that will be fast-tracked for construction.

Ruth Herbert, Chief Executive at the CCSA, said:

“We are delighted that the new Chancellor has today in his new Growth Plan reaffirmed the UK’s commitment to CCUS and hydrogen by including the HyNet and East Coast CCUS clusters in the list of infrastructure projects to be accelerated, alongside hydrogen pipelines and storage that are essential for the effective operation of those clusters. 

This is a strong signal to industry that the government intends to accelerate its CCUS Cluster Sequencing Programme and we look forward to seeing the detailed timeline set out and progression of the necessary enabling legislation.”

 

ENDS

For media enquiries please contact Judith Shapiro/ judith.shapiro@ccsassociation.org or Joe Butler-Trewin/ joe.butler-trewin@ccsassociation.org

CCSA comments on NSTA press release “Carbon storage licensing round attracts 26 bids”

Posted on: September 22nd, 2022 by ccsaEditor

22 September 2022, London

Today, the North Sea Transition Authority published data on the UK’s first-ever carbon storage licensing round. This was launched in June and attracted 26 bids.

The announcement can be found here.

Ruth Herbert, Chief Executive at the CCSA, said:

“The high number of bids for the UK’s first-ever carbon storage licensing round, announced by the NSTA, is a clear indication of the level of interest in the UK’s storage potential.  It also reinforces our message that the CCUS industry stands ready to invest in developing the UK’s carbon dioxide storage assets, based on the policy framework the government set out in the Energy Bill. 

Opening up CO2 storage in the UK offshore space – both North Sea and East Irish Sea – is a vital step towards deploying CCUS clusters across the country and positioning the UK as the go-to place for clean inward investment, delivering new green jobs and significant economic benefits for our industrial heartlands.”

ENDS

For media enquiries please contact Judith Shapiro – judith.shapiro@ccsassociation.org or Joe Butler-Trewin –  joe.butler-trewin@ccsassociation.org