18 April 2023, London
In response to yesterday’s vote in the House of Lords on the Energy Bill, Ruth Herbert, Chief Executive at the CCSA commented:
“We are delighted to see that the House of Lords voted in favour of updating Ofgem’s duties to include a specific requirement to have regard to meeting the UK’s net zero target. The CCUS industry has been pushing for this amendment alongside other low-carbon energy trade associations – working together to ensure the regulator is empowered to put net zero at the heart of their decisions.
This amendment will be particularly critical for CCUS, to enable the roll-out and expansion of significant CO2 infrastructure this decade – to ensure we can meet the Government’s ambition of capturing and storing 20-30 million tonnes of CO2 per year by 2030 which will be essential if we are to remain on the path to Net Zero.”