Clean Growth: The Role of Carbon Capture and Storage | IPT
Chair: Alan Brown MP, SNP Spokesperson for Energy and Climate Change
Speaker: Colin McGill, Low Carbon Appraisal General Manager, BP
Speaker: Professor Jon Gibbins, Centre Director at UK Carbon Capture and Storage Research Centre, University of Sheffield
Breakfast Meeting

Date:

Tuesday 25 February 2020

Venue:

House of Commons

Start Time:

08:30

End Time:

09:30

In 2019 the Committee on Climate Change (CCC) described Carbon Capture and Storage (CCUS) as ‘a necessity’ if the United Kingdom is to achieve the net zero greenhouse gas emission target by 2050. The Clean Growth Strategy outlines the Government’s ambition to be a world leader in CCUS, committing up to £100 million to lead industrial innovation. The CCC report estimates that the UK will need annual capture and storage facility of 75-175Mt CO₂ in 2050, requiring significant CO₂ transport and storage infrastructure. The International Energy Agency projects that the CCUS market will be worth £100 billion by 2050. With the UK’s first facility anticipated to be up and running in the mid-2020’s, how could CCUS become viable at scale?

This Breakfast Meeting will:

  • Discuss the opportunities present by CCUS technology to create jobs and develop supply chain and export networks
  • Consider what role CCUS could play in enabling hydrogen use
  • Explore the commercial and regulatory framework required for CCUS