CCSA outlines how CCUS will ensure a future resilient and sustainable holiday season

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CCSA outlines how CCUS will ensure a future resilient and sustainable holiday season

Posted on: December 12th, 2024 by ccsaEditor

[London, 12 December] – The Carbon Capture and Storage Association (CCSA) is urging the UK Government to accelerate the deployment of Carbon Capture, Utilisation & Storage (CCUS) technologies to meet the growing demand for reliable, low-carbon energy, especially during critical periods like the festive season.

From Christmas lights decorating 150,000 miles of streets to the millions of turkeys roasting in ovens, the holidays place immense strain on the UK’s energy systems. On Christmas Day alone, the nation typically uses about 402 GWh of electricity—enough to light the Eiffel Tower for 50 years or power Tesla cars for 1.2 billion miles around the equator.

While renewables like wind and solar are essential, their intermittent nature poses challenges during peak demand.

CCUS offers a vital solution by ensuring dispatchable, low-carbon power when weather conditions are unfavourable for renewables. By capturing and storing carbon emissions from gas-fired power stations, CCUS complements renewable generation and provides a reliable energy backbone for the UK, keeping homes warm and lights shining during the holidays.

Beyond the grid, CCUS helps decarbonise hard-to-abate industries, supporting the production of goods vital to holiday traditions, from toys under the tree to food on our plates. By enabling the creation of low-carbon fertilisers, CCUS contributes to sustainable agriculture, ensuring we can continue to enjoy festive feasts without harming the planet.

CCUS for the festive period in 12 facts

As we look ahead to the future of CCUS, here are 12 facts that highlight the progress, potential, and promise of this critical technology.

  1. One funding commitment of £21.7 billion is enabling the UK to establish its first CCUS Clusters.
  2. Two projects reaching financial close – Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP).
  3. £20- £30 billion of private investment is expected to flow into CCUS projects by 2030.
  4. Four CCUS Clusters across Track-1 and Track-2 are planned, including committed funding for Track-1 clusters.
  5. The UK has five years to achieve Clean Power by 2030 and transform its energy systems, and CCUS will play an important role in meeting this target.
  6. The 6th Carbon Budget sets a target to reduce emissions, with CCUS playing a key role in this and upcoming carbon budgets. At COP29, the Prime Minister announced an updated target of 81% emissions reduction by 2035.
  7. 77,000 jobs will be created through CCUS projects, supporting economic growth and decarbonisation.
  8. The 8.5 million tonnes of CO2 that HyNet and the East Coast Cluster (Track-1) are posed to capture –equivalent to taking nearly 4 million cars off the road.
  9. £960 million had been originally allocated to the Green Industries Growth Accelerator to spur CCUS innovation and deployment.
  10. There are 10.5 GW of Power CCS projects currently in the pipeline, reinforcing the UK’s clean energy ambitions.
  11. 11,000 additional direct jobs are projected in the greenhouse gas removal (GGR) sector.
  12. Twelve CCUS Clusters are in various stages of development across the UK, ensuring a robust, nationwide impact.

Olivia Powis, CEO of the CCSA, said:

“At this time of year, it is easy to take for granted our power system as we focus on the festive period and presents under the Christmas tree. But with ambitious net zero targets, we need to change the way we use electricity and the products that we buy, including producing power and goods in a way that doesn’t result in more emissions with the help of CCUS. In the future, this important technology will play an critical role in bringing a low-carbon sparkle to Christmas.”

Notes to Editors

Press Pack: Infographics and an animation accompany the press release for use. Download the press pack 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

Carbon capture in Teesside reaches another milestone in journey towards deployment

Posted on: December 10th, 2024 by ccsaEditor

[London, 10 December] – Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) have reached financial close and now move into execution phase. This represents a significant milestone for the carbon capture, utilisation and storage (CCUS) industry in the UK.

By deploying this vital technology, heavy industries will be able to decarbonise their operations, while low-carbon dispatchable power is generated for when the wind isn’t blowing and the sun isn’t shining.

Importantly for industrial heartlands such as Teesside, CCUS will create thousands of new low-carbon jobs and establish the region as a globally-competitive low carbon hub for industry and innovation.

NZT Power is set to be the world’s first commercial scale gas-fired power station with carbon capture technology. It is at the heart of plans to decarbonise Teesside, where heavy industries will share the carbon dioxide (CO2) transportation and storage infrastructure, developed by the Northern Endurance Partnership (NEP), to serve the East Coast Cluster.

The power station will generate up to 742 MW of electricity, which equivalent to the average annual electricity requirements of more than 1 million UK homes, with up to two million tonnes of CO2 captured and stored a year. This is a significant contribution toward the UK reaching its net zero by 2050 target.

News of financial close for NZT and NEP comes at a crucial time as the UK announced at COP29 last month a target of cutting emissions by 81% by 2035, while the Prime Minster last week recommitted to the clean power by 2030 target.

If the UK is to meet these targets, in line with the Climate Change Committee (CCC) ambition for the UK to capture and store 20-30 million tonnes (Mt) of CO2 per year by 2030 to meet our Carbon budgets, CCUS needs to be deployed at scale. The CCSA urges the Government to continue to prioritise clusters and projects, particularly as countries around the world are competing with the UK for investment to build CCUS.

Olivia Powis, Chief Executive Officer at the CCSA said:

“News of financial close for NZT Power and NEP is fantastic for both the CCUS industry and in tackling climate change. Reducing emissions from power generation and industrial processes is of vital importance to reaching the ambitious targets set by the Government to decarbonise heavy industry and the power system. Gas power plants with carbon capture technology are designated as a crucial source of low carbon energy and will enable more renewables onto the system. NZT Power will provide stable, flexible electricity generation to the Teesside industries that rely on low carbon energy sources for decarbonisation. Investing in the CO2 transport and storage infrastructure will send the signals to investors and other capture projects that the UK is serious about meeting our net zero targets and providing our industries with a clear route to decarbonisation.”

“Both the Government and industry now need to ensure this momentum continues, maximising the opportunity that CCUS presents to decarbonise our industries, meet net zero targets and invest in low carbon technologies and skills. This is done by continuing to prioritise the deployment for the clusters and projects that will follow Teesside. This will drive investment in the supply chain, creating and protecting vital jobs. Failure to do so will make it significantly difficult to meet net zero targets.”

Energy Secretary Ed Miliband said:

“This investment launches a new era for clean energy in Britain – boosting energy security, backing industries, and supporting thousands of highly skilled jobs in Teesside and the North East. This is the Government’s mission to make the UK a clean energy superpower in action- replacing Britain’s energy insecurity with homegrown clean power that rebuilds the strength of our industrial heartlands.”

Ian Hunter, Managing Director, Net Zero Teesside Power, said: 

“Today’s announcement is the culmination of years of work to make Net Zero Teesside Power a reality. As the project progresses into the execution phase, we look forward to delivering on our ambition to create and support thousands of jobs whilst generating flexible, dispatchable low-carbon power for the UK.”

Chris Daykin, Director, Northern Endurance Partnership, said:

“This is a landmark moment in the development of CCS infrastructure and the UK’s ambition to reach net zero emissions by 2050. With joint backing from shareholders and the UK Government, Northern Endurance Partnership is entering its execution phase ahead of start-up expected in 2028”.

Notes to Editors

Interview requests: To interview Olivia Powis, Chief Executive of the CCSA please contact press@ccsassociation.org

For media enquiries please contact Sara Price on 07825235313 / press@ccsassociation.org

Press Pack: Infographics and an animation accompany the press release for use. Download the press pack here.

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.

[End]

Nuada and Carbfix Collaborate to Offer Complete Carbon Cpture and Storage Solutions

Posted on: December 10th, 2024 by ccsaEditor

SSE and Siemens Energy announce hydrogen power acceleration partnership

Posted on: December 9th, 2024 by ccsaEditor

A Europe-wide CO2 Market Can Reduce Storage Costs by 20%

Posted on: December 4th, 2024 by ccsaEditor

[Brussels, 4 December] – The Carbon Capture and Storage Association (CCSA), the leading CCUS trade association in Europe, has released the report “Accelerating a Europe-wide CO2 storage market”.

The report, based on modelling and analysis by Xodus Group – is clear: enabling cross-border CO2 transport and storage is critical for reducing emissions efficiently and on time. The European Commission and national governments can make this a reality.

Expanding the CO2 market across Europe, including the UK, is an effective way to lower emissions and storage costs. As of right now, policy remains the largest obstacle to transporting CO2 across the EU-UK border, which would otherwise be technically feasible.

Cross-border CO2 transport and storage would create economic benefits for industrial emitters across EU Member States, other EEA countries and the UK, supporting existing and new jobs across Europe.

To do so, the European Commission and the UK Government can take concrete actions that would send a strong signal to European businesses. These actions are:

As CCUS projects progress in the EU, Norway and the UK – with the first sites beginning operations as soon as 2026 – enabling cross-border CO2 transport and storage would make these systems more resilient.

We need to act quickly before higher-cost options are locked in and the opportunity is lost.

Olivia Powis, CEO of the CCSA said:

“A Europe-wide CO2 market is within reach, but policies are standing in the way. We can cut storage costs by 20% and save billions annually if the EU and UK break down these barriers, and make cross-border CO2 storage happen now. The future of the European industry and climate action depends on it.”

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 Brussels and London. 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

[ENDS]

Aramco, Carbon Clean and SAMSUNG E&A Partner on Carbon Capture Plant

Posted on: December 4th, 2024 by ccsaEditor