Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


UK CCUS Sector Eyes £41Bn Investment by 2030 (Int'l. Report)
Carbon Capture and Storage Association
Date: 2021-07-23
In the UK, a report from the Carbon Capture and Storage Association (CCSA) is projecting expenditure on UK carbon capture utilisation and storage (CCUS) projects -- including hydrogen production and greenhouse gas removal -- is set to surge over the coming decade in response to UK climate targets, including the recently adopted goal to slash emissions 78 pct against 1990 levels by 2035.

According to the CCSA, CCUS investment in the UK could reach £41 billion by 2030, opening up a huge opportunity to rapidly develop a strong domestic supply chain that can support UK jobs and economic growth to support domestic companies and develop a supply chain that supports manufacturing of related products and goods. Around 85 pct of the expected £41 billion expenditure over the next decade is estimated to focus on onshore power generation, industrial capture, and hydrogen production plants, according to the report.

A strong domestic supply chain for the CCUS industry would deliver significant benefits for regional economies in the UK's industrial heartlands, where a number of zero carbon cluster projects are currently being pursued bringing together heavy industrial, CCUS, and hydrogen production sites, the report notes. CCSA urges sector to seize opportunity to build up domestic supply chain in support of growing CCUS pipeline. (Source: CCSA, BusinessGreen, 22 July, 2021) Contact: CCSA, Olivia Powis, Uk Office, +44 (0) 20 3031 8750 info@ccsassociation.org, www.ccsassociation.org

More Low-Carbon Energy News CCS,  CCUS,  Carbon Emissions,  Climate Change,  Carbon Capture and Storage Association ,  


Viridor Joins Carbon Capture and Storage Assoc. (Int'l. Report)
Carbon Capture and Storage Association
Date: 2021-01-27
In the UK, Somerset-based Viridor Waste Management reports it has joined the Carbon Capture and Storage Association (CCSA), making it the first company from the waste sector to do so.

The CCSA was established to ensure that carbon capture, utilisation and storage (CCUS) is recognised as an essential solution to deliver net-zero emissions across the economy. The CCSA works to ensure CCUS is developed and deployed at the pace and scale necessary to meet net-zero goals. CCSA members include industry, equipment manufacturing, oil and gas, distribution, academia and regional bodies, as well as the associated supply chain and service sector.

Viridor Waste Management Ltd. has the UK's largest network of more than 300 advanced recycling, energy recovery and landfill diversion facilities. The company works in partnership with more than 150 local authority and major corporate clients with 32,000 customers across the UK. (Source: Viridor, PR, 26 Jan., 2021) Contact: Viridor, Tim Rotheray, Director of Environment, Innovation and Regulation, +44 0 1823 721400, www.viridor.co.uk; Carbon Capture and Storage Association, www.ccsassociation.org

More Low-Carbon Energy News CCUS,  CCS,  Viridor,  Carbon Capture and Storage Association ,  


Notable Quote
UK Carbon Capture and Storage Association
Date: 2018-11-09
"Despite an impressive reduction in our power sector emissions over the past decade, the UK stands at a climate change crossroads. In order to have any hope of meeting our existing climate change targets, we need to drive deeper decarbonisation in heating, transport and heavy industry." -- Luke Warren, CEO, UK Carbon Capture and Storage Association.

The UK has 33 pct of Europe's CO2 storage capacity, and as much as the rest of the EU combined -- creating a potentially significant market opportunity to 'sell' storage space. It also has the considerable assets, infrastructure and skills needed to become Europe's leader in developing the technology, according to the UK Carbon Capture and Storage Association. (Source: UK Carbon Capture and Storage Association, Gas World, Nov., 2018) Contact: UK Carbon Capture and Storage Association, Luke Warren, CEO, www.ccsassociation.org

More Low-Carbon Energy News CCS,  Carbon Capture & Storage,  

Showing 1 to 3 of 3.