This conference will examine the next steps for developing carbon capture, usage, and storage (CCUS) in the UK.
It will be an opportunity to discuss the direction of policy with the new government committed to expanding clean energy and economic growth - and in the context of:
- Plans for fully-operational CCUS clusters by mid-2020s - with £800m allocated 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.
There will be keynote contributions from:
- Will Lochhead, Deputy Director, Industrial CCUS and Hydrogen Business Models and Projects Team, BEIS;
- Dr Aaron Goater, Senior Analyst, Industry Lead, Committee on Climate Change; and
- Chris Gent, Policy Manager, Carbon Capture and Storage Association.
Further speakers include: Dr Paula Carey, Carbon8 Systems; Ross Fairley, Burges Salmon; Tim Kruger, University of Oxford; Mark Lewis, Tees Valley Combined Authority; Gareth Miller, Cornwall Insight; Dr John Scott, Zurich Insurance Group and Karl Smyth, Drax Group.
- 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, long-term stability, and expanding use across industry;
- The 2050 net-zero emissions target and the role of CCUS;
- Deployment across UK and next steps for decarbonising offshore oil and gas assets;
- Funding future projects - 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, long-term strategies, and 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; DCMS; Defra; Offshore Petroleum Regulator for Environment and Decommissioning; Ofgem; Department for International Trade; Department for the Economy; Department for Transport; FCO; Government Office for Science; Health and Safety Executive; HM Government; HM Treasury; MHCLG; National Audit Office; The Planning Inspectorate; The Scottish Government and the Welsh Government.
Price: £95 PLUS VAT
Format: DOWNLOADABLE PDF