18 May 2023, London
In response to today announcement by the North Sea Transition Authority (NSTA) to offer 20 carbon storage licences for award, Ruth Herbert, Chief Executive at the CCSA commented:
“Availability of permanent CO2 storage is a key requirement for achieving the UK’s net zero strategy. The CCSA’s Delivery Plan recommended that the government and industry rapidly bring additional storage capacity to a commercial stage of readiness.
“This first carbon storage licensing round from the NSTA is a vital step towards unlocking the UK’s full CO2 storage potential. Given the climate emergency, we hope this will be the first of many such rounds and that further sites around the UK will have the opportunity to apply in the near future.”
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