1/30/2024 0 Comments Carbon capture technologies![]() ![]() The government will review the delivery and investment models for CCUS in the UK to understand 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. Review of delivery and investment models for CCUS UK CCUS Deployment Pathway: An Action Plan.Deployment pathway for CCUSįollowing the advice of the CCUS Cost Challenge Taskforce, the government published the UK CCUS Deployment Pathway: An Action Plan setting out the next steps government and industry should take in partnership in order to achieve the government’s ambition of having the option to deploy CCUS at scale during the 2030s, subject to costs coming down sufficiently. Read more about the CCUS Cost Challenge Taskforce. The CCUS Cost Challenge Taskforce presented a report to government in July 2018, setting out the industry’s view on how best to progress CCUS in the UK in order to enable the UK to have the option to deploy CCUS at scale during the 2030s, subject to costs coming down sufficiently. Government has established a CCUS Cost Challenge Taskforce to provide advice on the steps needed to reduce the cost of deploying CCUS in the UK. In delivering this work, government will work collaboratively with the CCUS industry, including existing projects. The government has set out a programme of work that will be undertaken to establish the additional steps that are required to meet the ambition of having the option to deploy CCUS at scale during the 2030s, subject to cost reduction. However, it is currently expensive and cost reductions are necessary to be able to deploy CCUS cost effectively in the UK, providing value for money for both the taxpayer and consumers. Re-affirming our commitment to deploying CCUS in the UK subject to cost reductionĬCUS has the potential to decarbonise the economy and maximise economic opportunities for the UK. re-affirming our commitment to deploying CCUS in the UK subject to cost reduction.To progress this ambition, the government has set out action under 3 themes: The approach is designed to enable the UK to become a global technology leader for CCUS and ensure that government has the option of deploying CCUS at scale during the 2030s, subject to costs coming down sufficiently. In October 2017, the government announced its new approach to carbon capture, usage and storage in the Clean Growth Strategy.
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