CCUS Cost Challenge Taskforce (closed)
Government established the CCUS Cost Challenge Taskforce to provide advice on the steps needed to reduce the cost of deploying carbon capture, usage and storage (CCUS) in the UK. The Taskforce reported to government in July 2018.
Role of the group
The purpose of the CCUS Cost Challenge Taskforce was to inform and propose a strategic plan for supporting the development of CCUS in the UK, in order to meet government’s stated ambition of having the option to deploy CCUS at scale during the 2030s, subject to costs coming down sufficiently.
The work of the Taskforce informed the CCUS Deployment Pathway published in November 2018. In addition, the Taskforce’s recommendations informed the review of CCUS delivery and investment frameworks.
The Taskforce was structured into 4 workstreams to address specific challenges:
- value of CCUS and deployment pathway options
- finance, legal and risk
- project delivery and business models
- innovation and new technologies
Terms of reference
Membership
The Taskforce was chaired by Charlotte Morgan, a Partner in the Global Energy & Infrastructure Group at Linklaters. It brought together stakeholders and expertise from industry, academia, NGOs, and international organisations.
Report
The CCUS Cost Challenge Task Force presented a report to government in July 2018, setting out the industry’s view on how best to progress CCUS in the UK in order to enable the UK to have the option of deploying CCUS at scale during the 2030s, subject to costs coming down sufficiently:
Delivering clean growth: CCUS Cost Challenge Taskforce report