Policy holds key to decarbonising grid with cryogenics, says Highview Power CEO
The UK’s policy frameworks have helped to unlock an opportunity in cryogenic gas that will lead to the gradual phase-out of gas-fired power plants in the UK in the decades ahead – and other countries could follow suit.
This is the headline message from Richard Butland CEO of green-energy innovator Highview Power, in a recent interview with gasworld.
“Policy is critical,” said Butland. “The right [policy] frameworks unlock everything as [they] give us access to the cheapest capital on the best terms [by] providing certainty [to projects].”
Butland also made the follow-up point that providing certainty is not the same as providing a subsidy.
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