Cory announces exclusive commercial agreement with Harbour Energy, bp and Associated British Ports

Markets and Mandates: How best to drive pace in CCS deployment?

A new briefing paper: Briefing Note. Markets and Mandates – How best to drive pace in CCS deployment out today from the CCSA, Oxford Net Zero and the Carbon Balance Initiative kicks off work to explore the role of markets and mandates in driving CCS in order to reach net zero by 2050.  The briefing has been developed based on existing positions in the spirit of posing questions and prompting discussion and feedback.  This paper is deliberately designed to not reach any conclusive positions at this stage.

Focusing particularly on policy options for scaling up CO₂ storage, the paper sets out three key types of policy mechanism and drills into one potential option: a carbon takeback / storage obligation.

This briefing paper will form the basis of a roundtable that the three parties are holding during COP 28 in Dubai, to explore the issues and considerations around market and mandate measures, in order to identify the key questions and suggest a scope for later economic modelling work that we hope will be taken forward as part of the wider industry workplan, following the publication of the CCUS Vision work anticipated next month.

If you are interested in finding out more about the CCSA’s work on markets and mandates, please contact Rebecca Bell (Rebecca.bell@ccsassociation.org).

The CCSA is delighted to announce the appointment of Tom Glover, UK Country Chair for RWE, as new Chair to its Board of Directors, alongside seven new Directors. With 15 nominees from across the membership vying for seven board positions, the CCSA extended its appreciation to all candidates for their outstanding applications. For more details on the Association’s board members, please visit the ‘People’ section on the CCSA website. 

Ed Miliband MP, Shadow Secretary of State for Energy Security and Net Zero, welcomed as guest speaker at the CCSA’s Annual General Meeting, delivered an impactful speech on the potential for carbon capture and storage, emphasising that CCUS is a fundamental part of the UK’s journey to net zero and reiterated Labour’s commitment to the development of the CCUS industry. 

Tom Glover, new elected Chair of the CCSA, said,  

“It is a huge privilege to have been elected as Chair of the CCSA at such a pivotal time for the industry’s advancement.  I am eager to leverage my knowledge and experience as the Country Chair for RWE to lead the CCSA Board, alongside other exceptional directors from across the industry.” 

“The CCSA stands as a leading champion for the CCUS Industry, and I am enthusiastic about guiding the Association through the next phase of development to decarbonise our energy sources and industrial regions and deliver net zero across the UK and Europe. While we have made significant progress in recent years, there is still much work ahead, and I’m excited about leading the industry to deliver this.”   

Jonathan Briggs, the departing Chair of the CCSA, said,  

“I am honoured to have had the opportunity to serve as the Chair of the CCSA and work alongside dedicated professionals from across industry and contribute to the significant milestones achieved by the Association. The progress made in advancing CCUS initiatives, both nationally and internationally, is a testament to the collaborative efforts of the CCSA and its members.” 

“I extend my congratulations to Tom Glover, the newly elected Chair, and the incoming members of the Board of Directors. I am confident that their leadership and expertise will guide the CCSA to even greater success in the future.” 

Ruth Herbert, CEO of the CCSA, said, 

“I am immensely proud to reflect on the achievements of the CCSA over the past year, and I extend my congratulations to the newly appointed chair Tom Glover and new members of our Board of Directors and thank our outgoing Chair, Jonathan Briggs for all his hard work and dedication in driving the industry forwards.” 

“This year has seen extraordinary milestones for the CCUS industry. As we welcome the new members to the Board and our new CCSA Chair, I am confident that their collective expertise will ensure the delivery of our continued success. Together, we remain steadfast in our commitment to accelerating the deployment of CCUS to achieve net zero emissions by 2050.” 

[ENDS] 

Notes to Editors    

Newly-elected CCSA Directors: 

• Edita Adamcikova – ESG Director, Viridor 
• Jonathan Briggs – Director of Project Development & Delivery, VPI Power (re-appointed) 
• Pierre Girard – Director of New Energy, Neptune Energy 
• Tom Glover, UK Country Chair, RWE 
• Shirley Oliveira – Vice President of Hydrogen and CCUS Regulatory Affairs, bp (re-appointed) 
• Amy Ruddock – Vice President, Europe & Middle East, Carbon Engineering Ltd. 
• George Whittaker – General Manager, Energy Transition, Bechtel Corporation 
• Peter Whitton – Chair, Progressive Energy (re-appointed) 

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 the production of clean power, clean products (such as steel and cement) and clean hydrogen – which can then be used to decarbonise heating and transport. In addition, CCUS also enables greenhouse gas removal from the atmosphere through Direct Air Capture with Storage (DACS) or Bioenergy with CCS (BECCS).    

The Carbon Capture Storage Association (CCSA) is the trade association promoting the commercial deployment of CCUS. 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 116 member companies who are active in exploring and developing different applications of carbon capture, CO₂ transportation by pipeline and ship, utilisation, geological storage, and other permanent storage solutions, as well as members from management, legal and financial consulting sectors. 

For media enquiries, please contact joe.butler-trewin@ccsassociation.org     

To find out more about the CCSA, please visit the CCSA website at http://www.ccsassociation.org/     

Tom Glover, new elected Chair of the CCSA: 

FOR IMMEDIATE RELEASE [26 October 2023] 

• The Energy Bill will stimulate investments in clean technologies such as carbon capture and storage, overhaul the UK’s energy system, ensure consumer protection, and maintain the national energy infrastructure’s safety, security, and resilience. 
• The Carbon Capture Storage Association welcomes a new Ofgem duty to consider the UK’s net-zero target after campaigning for the change to the Bill. 

The Carbon Capture and Storage Association (CCSA) welcomes the Royal Assent of the Energy Bill today, the first major legislation enabling net zero technologies such as carbon capture, utilisation and storage (CCUS) for over a decade.  

The new Energy Act aligns UK legislation with global sustainability goals by leveraging investments in clean technologies, reforming the energy system to protect consumers, and enhancing safety and resilience. The CCSA strongly supported the legislation as it is critical to the race towards net zero.  

Following a campaign to amend the Bill by the CCSA on behalf of the industry, Ofgem now has a duty to prioritise the UK’s net zero target. This is a significant step towards giving the regulator the right powers to balance the needs of current and future transportation of CO₂, which is necessary to achieve the government’s goal to capture and store 20-30 million tonnes of CO₂ annually by 2030.  

Olivia Powis, UK Director at the CCSA said: 

“The CCSA welcomes Royal Assent for the Energy Bill, which provides the enabling legislation for CCUS business models, and builds on significant progress for the technology this year. 

To fully capitalise on this opportunity, we encourage the Government to commit to timely cluster delivery, a transparent deployment plan to 2035, streamlined permitting processes, a robust supply chain and enhanced public support. 

Measures in the new Energy Act will enable us to unlock the full potential of CCUS and further advance our nation toward a cleaner, more sustainable future, helping to ensure the UK’s Green Economy has the opportunity to lead the next Industrial Revolution.”

Ends  

Notes to Editors   

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 the production of clean power, clean products (such as steel and cement) and clean hydrogen – which can then be used to decarbonise heating and transport. 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 promoting the commercial deployment of CCUS. 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 116 member companies who are active in exploring and developing different applications of carbon capture, CO₂ transportation by pipeline and ship, utilisation, geological storage, and other permanent storage solutions, as well as members from management, legal and financial consulting sectors.   

For media enquiries, please contact public.affairs@ccsassociation.org  or Joe Butler-Trewin at joe.butler-trewin@ccsassociation.org / 07908141067 

To find out more about the Carbon Capture Storage Association (CCSA) please visit the CCSA website at http://www.ccsassociation.org/    

• The conference, organised by the Carbon Capture and Storage Association, is their largest ever, attended by over 700 global industry leaders. Speakers include Secretary of State Claire Coutinho and former Government Chief Scientist Sir David King.
• Carbon Capture Project Pipeline online map is launched to accompany the industry Delivery Plan Update 2023.
• Industry momentum grows as the new Secretary of State reaffirmed strong commitment to the UK clusters programme, announcing a significant milestone with Hynet cluster and work on the CCUS Vision to 2035.  

This week, the Carbon Capture and Storage Association (CCSA) holds its annual conference,  “CCUS 2023 Springboard to Net Zero,” on the 17th and 18th of October in Westminster. Notable speakers included former Government Chief Scientist Sir David King and its key note The Rt Hon Claire Coutinho MP, the newly appointed Secretary of State for Energy Security and Net Zero, who announced the Governments plan to publish its vision for the CCUS sector later in the year

CCUS 2023 features 23 sessions, including CCUS’s role in Europe’s decarbonisation journey and accelerating CCUS deployment in the UK, as well as four roundtables gathering global investors and experts on skills and supply chain. The conference is emphasising the critical significance of CCUS in achieving net-zero emissions and provided a platform for in-depth discussions and knowledge sharing among industry leaders, policymakers, and innovators.

The industry also reaffirmed its commitment to the recently published CCUS Delivery Plan Update 2023, with the launch of the Carbon Capture Project Pipeline online map. This provides the underlying data for the Delivery Plan which outlines vital initiatives and milestones for achieving net-zero emissions. It suggests that accelerating the deployment of carbon capture and storage in the UK could secure around £40 billion of inward investment by 2030 and the number of projects in the UK looking to use carbon capture has increased by 28% since last year. But one third of these projects are at risk of relocating overseas if they cannot connect to carbon capture and storage infrastructure in the UK. The Delivery Plan encourages collaboration and innovation is required in the global shift toward a low-carbon future.

The Rt Hon Claire Coutinho MP said:  

“The Prime Minister has made it abundantly clear in recent weeks, that we need pragmatic answers to the carbon challenge and there’s no better example of this than CCUS. Carbon capture and storage is pragmatism in action. What’s more common sense than taking advantage of our own geography to address one of the greatest threats facing humanity?

That’s why we remain fully committed to an unprecedented £20 billion for early deployment of the technology, among the biggest funding commitments in Europe, the first 8 projects of the ‘first-of-a-kind capture networks’ we’ll be taking forward in the North East, North West and Wales and the next two carbon capture clusters in North East Scotland and Humber.”

She concluded her speech saying, “Without a doubt, carbon capture and storage stands among the most exciting and effective ways in which Britain can lead in tackling climate change and ultimately, the people in this room have the capacity to make it happen. So let’s make it happen together.”

Ruth Herbert, Chief Executive of the Carbon Capture and Storage Association, said: 

“Momentum is building in the UK’s CCUS industry and it is great to see the Secretary of State’s commitment to driving forward the industry. Our showcase 2023 annual conference, in its fifth year, had record attendees and globally significant speakers all united in advancing carbon capture, utilisation, and storage deployment.

But our Delivery Plan makes it clear that further Government policy certainty, and faster progress on decisions over the next 12 months is key to unlocking the tens of billions of pounds of planned CCUS investments in the UK, which could create  70,000 new jobs and retain 77,000 existing jobs nationwide.”

Ends

Notes to Editors

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 the production of clean power, clean products (such as steel and cement) and clean hydrogen – which can then be used to decarbonise heating and transport. 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 promoting the commercial deployment of CCUS. 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 116 member companies who are active in exploring and developing different applications of carbon capture, CO₂ transportation by pipeline and ship, utilisation, geological storage, and other permanent storage solutions, as well as members from management, legal and financial consulting sectors.

For media enquiries, please contact public.affairs@ccsassociation.org  or Joe Butler-Trewin on 07908141067

To find out more about the Carbon Capture Storage Association (CCSA) please visit the CCSA website at http://www.ccsassociation.org/