The UK-government has set up a new action plan to deliver large-scale carbon capture capacity by the early 2030s after commissioning an independent review from a Scottish energy consultancy.
The new approach is designed to enable the UK to become a global technology leader for carbon capture and storage (CCS) – subject to costs coming down sufficiently.
To progress this ambition, the government has set out action under 3 themes:
- Re-affirming its commitment to deploying CCSin the UK subject to cost reduction
- International collaboration on CCS
- CCS technological innovation
This will include looking at the options for permanent storage of carbon dioxide in the UK, as well as elsewhere, via international shipping.
Under a new CCS Cost Challenge Task Force, the government will review the delivery and investment models for carbon capture, how the barriers to cost effective deployment can be reduced, and how the private and public sectors can work together to deliver the government’s ambition for CCUS.
In effect, this kicks carbon-capture into the political long-grass, giving the politicians more time in which to hope that something else turns up, that technology improves or costs come down – or all three.
The review will consider the models required to:
- Deploy carbon dioxide capture in the industrial sector
- Deploy carbon dioxide capture in the power sector
- Establish the infrastructure required to transport and store carbon dioxide
To inform this review, BEIS commissioned Banchory-based Pale Blue Dot Energy to conduct a scientific literature review study of CO2 transport and storage business models.
The study draws upon case studies from both CCS and non-CCS infrastructure projects to identify key challenges which might constrain the development of carbon dioxide (CO2) transport and storage infrastructure and discusses the range of possible business models that could be employed to overcome barriers to deployment.
13 Jul 2018