Morning, Monday, 9th December 2024
Online
This conference will look at next steps for the development of carbon capture, usage and storage (CCUS) in the UK.
It takes place in the context of:
- the Government’s commitment to fund development of carbon capture facilities in the UK, as part of the National Wealth Fund
- the launch of GB Energy, which will aim to generate increased revenue by investing in and owning clean power generation assets, particularly in emerging technologies like CCUS
- concerns from the National Audit Office’s value for money report published in July, suggesting that the UK will struggle to meet its 2030 ambitions for CCUS, and recommending a focus on learning lessons from the negotiation process
- the establishment of a clean energy task force at DESNZ
- the forthcoming final investment decisions on Track-1 clusters situated in the North West and North East of England
So far, we are pleased to be able to include keynote sessions with: Simon Bittlestone, Director, Value for Money, NAO; Tim Stedman, CEO, Storegga; and Mhairidh Evans, VP, Global Head of CCUS Research, Wood Mackenzie. Further senior participants are being approached.
The conference is an opportunity to discuss:
- developments in the CCUS ecosystem so far
- the scope for the expansion and development of new and pre-existing zero carbon hubs around industrial clusters
- priorities for creating an internationally competitive market for carbon storage
- support for innovation to improve storage methods and mitigate deployment risks
- latest thinking on CCUS’s contribution to UK ambitions of net zero by 2050
- how to optimise CCUS’s value for money
- next steps to support future ambitions, including policy and infrastructural issues, and what can be learnt from the Track-1 negotiations process for Track-2
- key issues for governance and how to sustain investor confidence
- the role of the circular economy and green trade
All delegates will be able to contribute to the output of the conference, which will be shared with parliamentary, ministerial, departmental and regulatory offices, and more widely. This includes the full proceedings and additional articles submitted by delegates.
