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.
With a new parliament, and a government committed to expanding clean energy and economic growth, the conference takes place in the context of:
- Plans for fully-operational CCUS clusters by mid-2020s - with major funding for project construction, and for assisting energy-intensive industries towards low-carbon technology;
- The £505m Energy Innovation Programme and the allocation of £100m for accelerating the rollout of CCUS projects; and
- The £315m Industrial Energy Transformation Fund, which identifies carbon capture technologies as a key opportunity for industrial decarbonisation.
With the Government further committed 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 contributions from: Will Lochhead, Head of CCUS Policy Team, BEIS; Dr Aaron Goater, Senior Analyst, Industry Lead, Committee on Climate Change; Andrew Hogg, Deputy Director, Energy Industries Division, Scottish Government; 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 - as well as from Ross Fairley, Burges Salmon; and Tim Kruger; Oxford Geoengineering.
- 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.
Engagement with policy officials at this conference
This Westminster Energy, Environment & Transport Forum conference has attracted particularly strong interest from policymakers. It will be an opportunity for stakeholders to engage with officials who have reserved places representing: BEIS; POST; Defra; Department for the Economy (Northern Ireland); DfT; DIT; Government Office for Science; Health and Safety Executive; Innovate UK; The Planning Inspectorate and The Scottish Government.