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

April 2021


Price: £95 PLUS VAT
Format: DOWNLOADABLE PDF


***Full-scale policy conference taking place online***
This conference will discuss the next steps for developing the carbon capture, usage and storage market in the UK.


Areas for discussion include:


  • 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

The conference is bringing together stakeholders with key policy officials who are due to attend from BEIS; Defra; DfT; DIT; the Environment Agency; the Government Legal Department; the HSE; HM Treasury; London Assembly; The Planning Inspectorate; DAERA, NI; the Department for the Economy, NI; the Scottish Government; and the Welsh Government, along with parliamentary pass-holders from both Houses of Parliament, and the Parliamentary Office of Science & Technology.


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

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 
  • 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
  • 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, as well as 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, as well as minimising barriers for new CCS and CCUS entrants and services
    • investment - tackling barriers, looking at options for subsidy and private capital support, risk sharing and insurance regimes, and pathways for lower payback periods
    • encouraging low-carbon production - possibilities for supporting 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:


  • Government plans for UK CCUS technology and deployment leadership - outlined in the Ten Point Plan for a Green Industrial Revolution, National Infrastructure Strategy and Energy White Paper:
    • with £1bn of funding earmarked for four CCUS clusters to be deployed by 2030, and a target to remove 10MT of CO2 by 2030
    • Green boost for regions to cut industry carbon emissions - government support for six projects across the UK as part of the aim to create the world’s first net-zero industrial zone by 2040
    • the aim for CCUS to act as a driver of local and regional growth - identifying the North East of England as a potential future green industrial hub focused on CCUS, hydrogen and offshore wind
    • CCUS as an enabler of a green transition - away from North Sea Oil and gas, while ensuring that the jobs and expertise of the fossil fuel industry are carried over
  • Budget 2021 - reiterating the Government’s commitment to carbon capture usage and storage as part of the wider net-zero transition alongside the Build Back Better policy paper
  • PM commits £350m to fuel green recovery - and growing UK leadership in critical energy technologies like carbon capture for heavy industry and hydrogen
  • 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 prevention of carbon production from becoming lucrative
  • a range of further policy and funding initiatives - the Industrial Energy Transformation Fund, the Clean Steel Fund, the Industrial Clusters Mission and the Environment Bill
  • Greenhouse Gas Removal Technologies study - NIC call for evidence on Direct Air Carbon Capture and Storage (DACCS) and Bioenergy with Carbon Capture and Storage (BECCS) in order to provide recommendations to government on the removal of greenhouse gases from the atmosphere
  • Carbon capture, usage and storage: market engagement on cluster sequencing - BEIS consultation seeks input from stakeholders on a potential two-phase deployment sequence of the planned CCUS clusters

Policy officials attending:


Places have been reserved by parliamentary pass-holders from both Houses of Parliament, and the Parliamentary Office of Science & Technology, and officials from BEIS; Defra; the Department for International Trade; the Department for the Economy, NI; the Department for Transport; DAERA, NI; the Environment Agency; the Government Legal Department; the Health and Safety Executive; HM Treasury; the London Assembly; The Scottish Government; The Planning Inspectorate; and the Welsh Government. Also due to attend are representatives from Agri Food & Biosciences Institute; Air Products; Atkins; Baker Hughes; Baker McKenzie; Bank of England; Breedon Cement; British Geological Survey; Burges Salmon; C-Capture; Carbon8 Systems; Carbon Trust; Central Bedfordshire Council; Clarke Willmott; Climate Emergency Planning and Policy; DNV GL; Drax; eNewable Energy; Environment Agency; Equinor ASA; ERCE; Frazer-Nash Consultancy; Fulcrum Bioenergy; Hanson UK; Herbert Smith Freehills; Hugh M Lee; IGas Energy; Imperial College London; Interconnector UK; InterGen; io consulting; Keltie; Lincoln Pensions; London School of Economics; Low Carbon Contracts Company; Lummus Consultants International; McKinsey&Company; MVV Umwelt GmbH; National Grid Ventures; Natural Resources Wales; Oblath Advisory; Ofgem; Optimus (Aberdeen); Procast Group; Progressive Energy; Rocksavgae Power Co; Scottish Southern Energy; Solar 21 Renewable Energy; SSE; Standard Gas; Summerleaze; Summit E&P; Summit Exploration and Production; TerraQuest; The Coal Authority; The Oil and Gas Technology Centre; Traverse; TUV UK; UK Power Networks Services; Uniper; University of Leeds; Wheelabrator Technologies; Wood; Xodus Group and Zero Carbon Shropshire.


Press passes have been reserved by representatives from Argus Media; ICIS; Montel News and Responsible Investor.


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


  • full, four-hour programme including comfort breaks - you’ll also get a full recording and transcript 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



This pack includes

  • Dropbox video recording of the conference
  • PDF transcript of the discussion, including all speaker remarks and Q&A
  • PDFs of speakers' slide material (subject to permission)
  • PDFs of the delegate pack, including speaker biographies and attendee list
  • PDFs of delegate articles