Two projects in the North of England aimed at sequestering carbon and producing hydrogen have won the full-throated support of the UK government and a pledge for nearly £22 billion over the next 25 years.
Two UK Track 1 carbon capture, utilisation and storage (CCUS) projects have pushed towards final approval after the Department for Energy Security and Net Zero (DESNZ) proposed offering them CO2 transport and storage licences.
By Richard Barker, development director at Peel NRE
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As the new Labour government outlines plans for publicly owned carbon capture projects, Peel NRE development director Richard Barker looks at the role of the technology in reaching net zero and how plans are progressing on the ground.
The policy brains behind the UK’s carbon capture, utilisation and storage (CCUS) clusters have hailed progress towards ambitions to make Great Britain a world leader in the technology despite deep concerns about delays in the projects.
The Drax power station in Yorkshire receives £550 million per year in green subsidies despite being the largest single carbon emitter in the UK, a report has found.
The creation of a major CCUS hub in the Humber industrial region is essential to the UK energy transition and will accelerate the production of low-carbon products such as Sustainable Aviation Fuel (SAF), according to Drax Group.
Other countries are “the winners of the energy transition” as low carbon projects in the UK are stalled by government red tape, an energy boss has warned.
The UK is considering delaying support for some carbon capture projects until after this year as costs rise for the fledgling technology that’s critical to the country’s climate goals.
A new report finds that the UK’s carbon capture and storage (CCS) capacity is likely to fall short of 2030 targets and complains of ‘disproportionate’ support for blue hydrogen schemes over electricity generation.
Chief executive of Wood (LON:WG), Ken Gilmartin, says that his firm's growth in carbon capture comes from picking work that allows its “subject matter experts shine.”
Industrial sites and chemicals plants are rarely portrayed as the new clean industries of the future, but many are now at the sharp end of the energy transition.