The Government today reaffirmed its commitment to the establishment of a Carbon Capture and Storage (CCS) industry in the UK with the publication of a scoping document which summarises the policies and actions the Government has taken.
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
The Government today reaffirmed its commitment to the establishment of a Carbon Capture and Storage (CCS) industry in the UK with the publication of a scoping document which summarises the policies and actions the Government has taken as part of its world leading programme.
The “Next Steps in CCS: Policy Scoping Document” also sets out the Government’s intention to continue engagement with the CCS industry and seeks views and evidence on a possible Phase 2 of CCS deployment, taking forward commitments published in the 2013 Electricity Market Reform Delivery Plan.
Secretary of State Edward Davey said:
“The UK is leading the world on CCS and the Government wants to make sure that Britain will be in first place to export this knowledge to a decarbonising global economy.”
“The Government is strongly investing in developing a CCS industry in the UK that can compete on cost with other low carbon technologies. CCS will help us reach our goal of reducing carbon emissions by 50 per cent from 1990 levels more cheaply by while supporting over 15,000 jobs per year.”
The Government is already investing around £100m in the Front End Engineering and Design (FEED) stages of two CCS projects - White Rose and Peterhead, as part of its £1bn CCS Commercialisation Programme.
Taken together, the Peterhead and White Rose projects could provide over 2000 jobs during construction, reduce the UK’s carbon emissions by around 3 million tonnes a year, and provide clean electricity for over 1 million homes.
The White Rose project also recently received €300m in funding from the European Commission under their NER300 programme and was the only CCS project in all of Europe to receive this support.