Morning, Tuesday, 31st March 2020
THIS EVENT IS CPD CERTIFIED
This conference will examine the next steps for developing carbon capture, usage and storage (CCUS) in the UK.
It takes place in the context of:
With government committing to achieve net-zero emissions by 2050 - and the role of CCUS reinforced in its response to the Committee on Climate Change 2019 report - attendees will also discuss:
- the position of CCUS in the future energy mix,
- its role in supporting decarbonisation across the energy-intensive economy, and
- what more is needed from policy to support commercialisation and deployment.
The agenda includes keynote contributions from: Will Lochhead, Head of CCUS Policy Team, Department for Business, Energy and Industrial Strategy; Dr Aaron Goater, Senior Analyst, Industry Lead, Committee on Climate Change; Chris Gent, Policy Manager, Carbon Capture and Storage Association; Karl Smyth, Group Head of Policy, Government Relations, Drax Group; Dr John Scott, Head of Sustainability Risk, Zurich Insurance Group and Gareth Miller, Chief Executive Officer, Cornwall Insight.
- Next steps for CCUS policy and the roadmap for project development;
- Whole-system integration and accelerating the rollout of CCUS technology;
- Sector priorities for growth - technology costs, providing long term stability and expanding use across industry;
- The 2050 net zero emissions target and the role of CCUS;
- Supporting deployment across the UK and next steps for decarbonising offshore oil and gas assets;
- Funding future projects - priorities including utilising the regulated asset base model, investor confidence, and reducing risks on return;
- Risk and responsibilities in new projects, and the insurance regime;
- Options for bringing CCUS into market-based schemes - power production payments and prospects for contracts for difference; and
- Creating regional innovation clusters and establishing UK leadership in CCUS technology:
- Lessons from early demonstration projects and overcoming future challenges - cost transparency, designing long-term strategies, and identifying local opportunities;
- Supporting local high-value economic growth, and ensuring local organisations are at the forefront of CCUS development; and
- Integrating carbon capture technology, and opportunities for developing a domestic supply chain.