An APPCCG and Energy Technologies Institute Event
Report Launch: How to build a 10GW CCS Sector in the UK by 2030?
Tuesday, 17th March 2015; 10:00 – 11:30 am
Committee Room 6, House of Commons, London SW1A 0AA
The UK has an opportunity to build a CCS sector capable of reducing the costs of meeting its carbon targets by tens of £billions, while exploiting the UK’s unique offshore engineering capabilities and safeguarding the future of key energy-intensive industries.
Enabling CCS to realise its long term potential and play a key role in UK decarbonisation will require developing around 10 GW of capacity by 2030. This level of ambition is consistent with DECC’s EMR delivery Plan (which included up to 13 GW of CCS by 2030), and with the Committee on Climate Change’s (CCC) scenarios for curbing power sector emissions to 50g CO2/kWh by 2030. Delaying development of this level of capacity beyond 2030 would expose the UK to substantial cost and deployment risks in meeting carbon budgets,
The Energy Technologies Institute (ETI) commissioned Element Energy and Pöyry to explore ambitious but deliverable scenarios for building the UK CCS sector to 2030. I am very pleased to invite you to this special launch of the report that identifies the practical steps needed over the period to 2030 to build a UK CCS sector that can: move rapidly towards cost competitive low carbon electricity generation during the 2020s; deliver low cost emissions reductions to efficiently meet the 4th and 5th carbon budgets; and put the broader UK energy system on a trajectory towards its long term objectives of affordable and secure low carbon energy.
Introduction by: Jo Coleman, Director of Strategy, ETI and George Day, Head of Economic Strategy, ETI
- Mike Thompson, Head of Carbon Budgets, Committee on Climate Change
- Ashley Ibbett (Chief Executive and Director)/ Amy Clemitshaw (Head of Policy), DECC Office of Carbon Capture and Storage
- Samuela Bassi, Policy Analyst, Grantham Research Institute, LSE
- Jeremy Nicholson, Director, Energy Intensive Users Group