Following the Queen’s Speech made earlier today (May 10th), the Carbon Capture and Storage Association (CCSA) has called for the Energy Security Bill to include additional legislative proposals to enable carbon capture, utilisation, and storage (CCUS).
The speech made reference to the importance of CCUS and low-carbon hydrogen in helping to deliver a ‘more secure, clean, and affordable’ energy system, in addition to an Energy Bill that could help attract billions in private investment.
Designed to build on the success of the COP26 Summit in Glasgow last year, the Bill intends to help accelerate the development of low-carbon industrial clusters across the UK through the introduction of new business models for carbon capture and carbon dioxide (CO2) transport and storage infrastructure.
”Ministers will bring forward an Energy Bill to deliver the transition to cheaper, cleaner, and more secure energy,” stated Prince Charles, who gave the speech in lieu of the Queen.
Stating that CCUS has a ‘critical’ role to play in meeting the UK’s Sixth Carbon Budget, Ruth Herbert, Chief Executive, CCSA, added, “The industry has worked intensively with the UK Government for a number of years on a credible investment framework for CCUS deployment and we are pleased to see that the necessary enabling powers will be set out in the forthcoming Energy Bill.”
The CCSA revealed that it would also like to see additional legislative proposals, including the recognition by the UK Government of Direct Air Capture with Storage (DACS) and Bioenergy with CCS (BECCS).
The organisation also called for enabling of the repurposing of existing assets for net zero activities including CCUS and hydrogen, and provision to the public sector of powers to help advance rapid development of CO2 networks.
“We are also pleased to see the emphasis on levelling up – we hope to see empowerment of local leaders in the development of net zero industrial clusters, given the associated jobs and economic benefits that will be created,” commented Herbert.