Olivia Powis, CEO of the CCSA, said:
“Today’s publication of the Carbon Budget and Growth Delivery Plan marks an important milestone in the UK’s net zero journey. It reaffirms that CCUS, including GGRs, forms part of the most cost-effective route to net zero and represents a significant economic opportunity – decarbonising industry and power in a way that drives growth.
We particularly welcome the Government’s continued commitment to key CCUS clusters and projects – HyNet, the East Coast Cluster, Acorn, Viking, and the Peak Cluster – which will play a central role in delivering CO2 emissions reductions through CB6, as well as the need to maintain momentum for further clusters to enable delivery of CB7 and beyond.
Delivering this plan will require close collaboration between Government and industry to unlock private investment, accelerate project deployment, and maintain the UK’s global leadership in low-carbon innovation. The CCSA looks forward to continuing to work with DESNZ and partners across the value chain to turn these ambitions into delivery that drives growth, energy security and lasting climate benefits across the UK.”