The CCSA welcomes the publication of the UK’s Trade Strategy, an important milestone that builds on the Industrial and Infrastructure Strategies to harness the UK’s technological strengths, drive sustainable growth, and boost exports and international investment.
As a Frontier Clean Energy Industry identified in the Government’s Industrial Strategy, the UK’s Carbon Capture, Utilisation and Storage (CCUS) sector is exceptionally well placed to take advantage of new trade opportunities. The UK is already a global leader in innovation, advanced technology, and export-ready services such as CO₂ storage.
The CCSA particularly welcomes key elements of the Strategy that support the clean energy sector, including:
These measures will drive economic growth, support high-quality jobs, attract foreign direct investment, and accelerate the UK’s role as a global CCUS leader in the transition to net zero.
Olivia Powis, CEO of the CCSA, said:
“With UK businesses facing tough global trading conditions, the Trade Strategy presents a vital opportunity to unlock our export potential. The UK has world-leading expertise, infrastructure, and export-ready services such as CO₂ storage, meaning that the CCUS sector is well placed to support both domestic growth and international decarbonisation efforts. But Government needs to recognise and work to safeguard our foundational industries – including refining and fuels. By doing so, we can strengthen our clean energy partnerships, unlock investment, and deliver long-term economic and climate benefits.”