Westminster Energy, Environment & Transport Forum

Since lockdown, we have been organising our full programme of conferences online. We will continue online until further notice, to ensure we play our part in helping our employees and delegates to remain safe during this time. We are pleased that so many key stakeholders, policymakers and other interested parties - both old friends and new delegates - are taking up the opportunity to discuss public policy issues and network at our impartial seminars. New events are coming on to our conference programme all the time. So there are plenty of opportunities for you to join us if you haven’t already, from wherever you are. For booking-related queries, or information on speaking, please email us at info@forumsupport.co.uk or contact us using one of the following numbers: +44 (0)7538736244 / +44 (0)7503591880 / +44 (0)7951044809.
For delegates already booked on, we will send you the online joining instructions (including links, event numbers and passwords) five working days before your conference. If you cannot find these in your inbox please email delegate.relations@forumsupport.co.uk

Next steps for carbon capture, usage and storage in the UK - market development, regulation, and the low-carbon economic recovery policy agenda

Morning, Tuesday, 16th March 2021


***Full-scale policy conference taking place online***

This conference will discuss the next steps for developing carbon capture, usage and storage market in the UK.


The discussion is bringing together stakeholders with key policy officials who are due to attend from BEIS; DfT; DIT; the HSE; and the Department for the Economy, NI.


The discussion at a glance:

  • the future for policy and regulation
  • creating market conditions for investment and growth
  • innovation in technology and business models
  • opportunities across the sector, and for its partners and suppliers
  • the sector’s role in supporting green economic recovery - jobs growth in regions across the UK and helping meet climate targets

Key issues:

  • CCUS and the policy agenda - opportunities at a time of renewed interest in development and commercialisation, and as a priority for government as part of its net-zero commitments 
  • policy priorities and support - what is most needed to provide sustained support for sector growth, technology commercialisation, and proof of concept for the viability of low-carbon projects
  • strategy and guidance - integrating carbon capture into climate and net-zero pathways, and setting goals and timelines for technology development and stakeholder growth and expansion
  • CCUS and whole-system change - repurposing offshore and onshore oil and gas assets, scaling up hydrogen production, and identifying new decarbonisation opportunities for power and heat facilities
  • communicating the value of carbon capture - strategies for widening industry utilisation, and demonstrating emissions abatement potential and lower operational and carbon-related costs
  • designing the market rules framework:
    • competition - ensuring that markets remain accessible, competitive and free from distortion, and that new CCS and CCUS entrants and services can participate easily in existing energy markets
    • investment - tackling barriers, looking at options subsidy and private capital support, risk sharing and insurance regimes, and pathways for lower payback periods
    • encouraging low-carbon production - options for supporting the growth of hydrogen, trade and bilateral markets for carbon and low-carbon energy, and reliable transport and storage facilities
  • CCS and CCUS as an enabler of regional development:
    • developing local supply chains - supporting increased market activity and demand, and readying for export opportunities internationally
    • growing technology specialism across UK industries and regions - priorities for skills development and job creation, and supporting UK expertise in carbon capture technologies and services
    • collaboration - strategies and best practice for growing partnerships involving industry, academia and local government leadership in development and commercialisation
    • asset repurposing - utilising existing infrastructure and facilities for carbon capture technology manufacturing

A scan of relevant developments:

  • Spring Budget earlier this year:
    • a new CCS Infrastructure Fund - £800m for two operational CCS sites, one in the 2020s and another in the 2030s
    • construction of the first privately financed gas CCS power station alongside the use of consumer subsides, for demonstrating financially viable routes for project success
  • PM commits £350m to fuel green recovery - and growing UK leadership in critical energy technologies like carbon capture for heavy industry and hydrogen
  • Energy White Paper - expected to be published later this year and to outline a wide-ranging strategy for the energy system by 2050, and how best to develop emerging technologies like CCUS
  • A Government Response on potential business models for Carbon Capture, Usage and Storage - and its identification of key requirements including:
    • setting common rules on CCUS integration for key sectors like power and industry, transport and storage, and hydrogen production
    • models that support sustainable and attractive financing, compatibility with existing energy markets, fair distribution of costs, and preventing carbon production from becoming lucrative
  • Industrial Energy Transformation Fund - £315m for energy efficiency improvements for industrial users - including carbon capture and fuel switching
  • Clean Steel Fund - the £250m for CCS and CCUS projects across the steel sector
  • the Industrial Clusters Mission - seeking to create industrial clusters leading in net-zero technology and carbon capture commercialisation by 2040
  • Environment Bill resumes passage through Parliament - with provisions to allow the Environment Secretary to set long-term targets for air quality

The agenda:

  • Next steps for developing the carbon capture sector and commercialising technology development
  • Integrating CCS and CCUS across carbon-intensive assets, and opportunities for decarbonisation and asset repurposing
  • The contribution of carbon capture to the net-zero transition - reducing costs, widening utilisation, and integration with the clean growth policy agenda
  • Sector priorities for technology development and adoption - long-term policy, operational costs, and the guidance needed for industry integration
  • Developing the CCS and CCUS market - business models, investment and regulation
    • Developing market rules for carbon capture - competition, compatibility with existing markets, and incentives for carbon commoditisation and trading
    • Creating conditions that encourage investment - market confidence, engagement with private capital, risk allocation, and routes to cost reduction
    • Setting rules that are appropriate across the sector - hydrogen production and export, growth across stakeholder value chains, and opening the potential for new market services
  • Carbon capture as an enabler for clean economic recovery and regional growth - low-carbon industrial clusters, skills and jobs development, and opportunities for local supply chains
  • Priorities for long-term carbon capture policy and sector growth, and delivering whole-system change

Policy officials attending:

Our forums are known for attracting strong interest from policymakers and stakeholders. Places have been reserved by officials from BEIS; the Department for International Trade; the Health and Safety Executive; the Department for the Economy, NI; and the Department for Transport.


Overall, we expect speakers and attendees to be a senior and informed group including Members of both Houses of Parliament, senior government and regulatory officials involved in this area of policy,  as well as from representatives from power generation, energy retail, heat production and energy networks, heavy industry including steel, glass and chemicals manufacturing, construction and infrastructure firms, science and innovation platforms, investors, legal and consultancy groups, environmental and sustainability groups, researchers in academia and higher education, together with reporters from the national and specialist media.


This is a full-scale conference taking place online***

  • full, four-hour programme including comfort breaks - you’ll also get a full recording to refer back to
  • information-rich discussion involving key policymakers and stakeholders
  • conference materials provided in advance, including speaker biographies
  • speakers presenting via webcam, accompanied by slides if they wish, using the Cisco WebEx professional online conference platform (easy for delegates - we’ll provide full details)
  • opportunities for live delegate questions and comments with all speakers
  • a recording of the addresses, all slides cleared by speakers, and further materials, is made available to all delegates afterwards as a permanent record of the proceedings
  • delegates are able to add their own written comments and articles following the conference, to be distributed to all attendees and more widely
  • networking too - there will be opportunities for delegates to e-meet and interact - we’ll tell you how!

Full information and guidance on how to take part will be sent to delegates before the conference



Keynote Speakers

Senior speaker confirmed from the Carbon Capture & Storage Association

Dr Vinay Mulgundmath

Head of Research, The Oil and Gas Technology Centre

Senior speaker confirmed from BEIS

Chair

Alex Cunningham MP

Chair, All-Party Parliamentary Group on Carbon Capture and Storage

Speakers

Senior speaker confirmed from Pale Blue Dot Energy

Phil McNally

Policy Manager, Power, Energy UK

Dr Aaron Goater

Industry Lead, Climate Change Committee

Chris Rowell

Innovation and Clean Growth Manager, Tees Valley Combined Authority

Ross Fairley

Partner, Energy, Burges Salmon

Paul Fennell

Professor of Clean Energy, Faculty of Engineering, Department of Chemical Engineering, Imperial College London

Tom Palmer

Managing Consultant, Cornwall Insight

David Parkin

Director, Progressive Energy

Karl Smyth

Head of Carbon Capture & Storage (CCS) Strategy & Engagement, Drax Group