[London, 31 July 2024] – Today, the Carbon Capture and Storage Association (CCSA) published their ‘Supply Chain Initial Forecast Report’. This report sets out key trends and opportunities in the Carbon Capture, Utilisation and Storage (CCUS) supply chain across six commitment areas: transparency, skills, jobs, UK content, technology, and wider economic benefits.
The findings in the report were developed by engaging with nine Carbon Capture and Storage (CCS) project developers over a six-month period to analyse the commitments and aspirations across 11 individual CCS projects that are deploying over the next few years.
The report finds that the development of a competitive, UK-based supply chain needs certainty of future carbon capture projects. Through understanding the pipeline of projects across power CCS, hydrogen production, Greenhouse Gas Removals and industrial decarbonisation, UK supply chains can invest and grow to meet demand needs.
Importantly, the industry is committed to rolling out CCUS across the UK, with a strong ambition towards the advancement the robust UK-based supply chains and wider economic and social benefits; including local jobs, investment in skills and technology, and projects which put community benefit at the heart of their deployment plans.
To realise the six key recommendations in the report, collaborative work across the whole CCUS industry, trade associations, Government, and wider stakeholders is needed. The recommendations are as follows:
- Deliver the first round of CCUS projects and commit to future clusters and allocation rounds, to provide confidence to the CCUS sector.
- Award GIGA (Green Industries Growth Accelerator) to provide support to the supply chain and maintain the focus on developing local content opportunities across design, manufacturing, fabrication, construction and operation.
- Develop a set of Supply Chain Guiding Principles, encompassing transparent and fair procurement, sector development initiatives and good industrial relations, to further embed best practice early in the sector’s development.
- Greater coordination of skills development is critical to addressing current and future skills gaps.
- Increase supply chain engagement opportunities; including through events, CCUS specific supply chain directories and adjoining programmes such as Fit4CCUS, to ensure the wide variety of opportunities on offer are clearly communicated.
- Expand reporting processes to companies that will deliver CCUS projects (including EPCs and Tier-1 contractors) and the wider CCUS supply chain, and iterate deliverable commitments for these sectors.
Ruth Herbert, Chief Executive of the Carbon Capture and Storage Association, said:
“The findings of this report highlight the critical importance of government providing certainty and commitment to a forward plan of CCUS projects across the UK. CCUS is essential to decarbonise British industry and meet the Government’s clean power target by 2030. By targeting support to deliver the first rounds of CCUS projects, we will develop a home-grown UK-based CCUS supply chain and deliver much greater benefits to UK Plc from the scale up of carbon capture projects. A focus on targeted investment and collaboration across the CCUS industry, Government, skills providers and wider industry stakeholders will be important in order achieve the report’s recommendations, and deliver on the voluntary industry target of 50% UK content by 2030 in manufacturing, goods, and services.”
Notes to Editors
Supply Chain Initial Forecast Report
To read the full report, see HERE. For the Executive Summary, see HERE.
About the CCSA
CCUS, or Carbon Capture, Utilisation and Storage, is a key low carbon solution – vital to meeting the UK’s statutory Net Zero target at least cost. CCUS enables industrial decarbonisation as well as the production of clean power, clean products (such as cement and chemicals) and clean hydrogen – which can also be used to decarbonise industry. 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 is the trade association accelerating the commercial deployment of CCUS, with offices in the UK and Belgium. 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 120 member companies who are active in exploring and developing different applications of carbon capture and removals, CO2 transportation by pipeline and ship, utilisation, geological storage, and other permanent storage solutions, end-users in the power, industry, waste management, fuels, and hydrogen production sectors, plus supply chain, engineering, construction and management, legal and financial consulting sectors.
For media enquiries please email press@ccsassociation.org
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