17 March 2021, London – The Carbon Capture and Storage Association (CCSA), the trade body for the Carbon Capture, Utilisation and Storage (CCUS) industry in the UK, welcomes today’s announcement of the Government’s Industrial Decarbonisation Strategy.
As part of this announcement, the Government has today allocated £171 million from the Industrial Decarbonisation Challenge Fund to a number of CCUS clusters in the North West, Scotland, Teesside, Humber and South Wales.
Luke Warren, Chief Executive of the CCSA, said:
“Today’s announcement is another significant step forward to realising the Government’s new CCUS ambition of delivering at least four low carbon clusters by 2030. The Industrial Decarbonisation Strategy sets out the clear role for CCUS as providing the foundations for delivering net zero in the UK.
We are particularly delighted to see that funding has been allocated to CCUS clusters in all the five key industrial regions of the UK. This will be critical to meeting the UK’s target of capturing 10 million tonnes of CO2 per year by 2030 and is essential to enabling our transition to net zero.
Alongside the funding announced today, clarity is needed on the long-term CCUS investment framework to 2030. This will provide important visibility on the available funding, which is critical to ensuring industry confidence and deploying this sector at scale.
Ahead of COP26, the UK has today sent another strong signal to the world that it is committed to tackling climate change and becoming a world leader in this crucial technology”.
Notes to Editors
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To find out more about the Carbon Capture Storage Association (CCSA) please visit the CCSA website at http://www.ccsassociation.org/.
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 unlocks a key method of greenhouse gas removal, through sustainable bioenergy and CCS (BECCS) and Direct Air Capture (DAC).
The UK is fortunate to have advanced CCUS project proposals in all of the major industrial regions; including Humber, Teesside, Merseyside, Scotland and South Wales. These projects demonstrate the breadth of applications and industries for which CCUS provides a vital net zero solution.
If you would like more information on CCUS please get in touch using the above details.