7th August 2014
Andrew Green, the ETI Programme Manager for CCS, responding to DECC’s ‘Next Steps in CCS:Policy Scoping Document’ published today, said:
“We have long argued the importance of CCS to address long term emissions reductions and provide a potentially strong economic prize to the UK. Without a national CCS infrastructure the cost of reaching UK Climate Change targets will double from a minimum of around £30bn per year in 2050 – the equivalent of an additional 2p per kWh on all UK energy use in 2050. The publication of today’s policy scoping document by DECC is another signpost to the work needed to turn this potential into a reality and a real benefit to the UK. The UK is a world leader in implementing CCS at scale. Our own work has shown that the UK is potentially well served in terms of carbon dioxide storage capacity and that an infrastructure to transport and store it is practical and affordable. Work is ongoing to improve capture technology and develop technologies to provide assurance that carbon dioxide is safely and securely stored. With DECC’s Commercialisation Programme now underway, we recognise that the focus needs to be firmly on enabling the next phase of CCS projects and the required transport and storage infrastructure, on route towards a sustainable, affordable and secure energy system in the coming decades. We welcome DECC’s leadership to create a policy framework and financial support for this fledgling industry: this scoping document reflects both the complexity of developing an all-encompassing policy framework and DECC’s commitment to work collaboratively with all stakeholders to make CCS a compelling economic case for the UK to implement. We look forward to contributing to the consultation and engaging with the CCS community to play our part”
To view a copy of the document please click here.
Read more on the ETI website.