Region: EU

5 December 2022, London

The CCSA is delighted to announce its membership has reached 100 companies, as Subsea7 and GaffneyCline become the latest companies to join.

Other companies that have joined the CCSA in the last three months include MVV UK, Ingersoll Rand, MOL Group, SGN, Sumitomo and Petrostrat.

As the leading trade association working to accelerate the commercial deployment of Carbon Capture, Utilisation and Storage (CCUS) to achieve Net Zero emissions by 2050, the CCSA has seen rapid growth in membership in the last few years as CCUS has become increasingly prominent as a vital tool in reducing emissions across economies. The Association’s membership has more than doubled in the past two years and new members span a wide variety of sectors and applications including;

CO2 Storage – companies with expertise in sub-surface, with the ability to identify suitable geological stores and safety store the CO2 in perpetuity
Carbon capture technology developers – both those developing capture from flue gases and from the atmosphere (direct air capture)
Power & Industrial – End-users of capture technology, such as power companies, waste to energy, biofuels and alternative fuels production with carbon capture, as well as those looking to utilise CO2 permanently
Engineering and Equipment – supply chain companies, such as subsea offshore servicing, modelling and fluid dynamics, engineering contractors and supporting service sectors, such as energy consultancy  CO2 and Hydrogen Transport & Distribution – such as onshore distribution network companies, ports and shipping providers
Financial Consulting & Others  – legal, financial and insurance advisory firms

Ruth Herbert, Chief Executive of the CCSA said:

“I am thrilled that the CCSA now has over 100 members – the highest we have ever reached since the association was established in 2005. The rapid growth in membership demonstrates how far CCUS has come in the past few years – now widely recognised as an essential component of many national decarbonisation strategies.

The CCSA is the go-to organisation for CCUS and as our membership continues to expand, so does the scale, output and ambition of our London and Brussels teams, who are working harder than ever with our members to deliver the first wave of projects this decade and facilitate the long-term roll-out of CCUS in line with net zero. We look forward to welcoming more members and seeing continued growth of the CCSA over the coming months and years.” 

John Evans, CEO of Subsea7 said:

“Subsea7 is pleased to join the CCSA and contribute to the developing global carbon capture and storage business, which aligns with our vision to deliver the offshore energy transition solutions the world needs. Subsea7 brings significant capability and experience in carbon capture project development and execution, including the pipeline engineering, fabrication and installation for the world’s first open-source CO2 transport and storage infrastructure, the Northern Lights Project, offshore Norway. As a global leader, we recognise the importance of industry collaboration in making the continuous evolution of lower-carbon oil and gas projects possible and creating sustainable value by enabling the growth of renewables and emerging energies.”

Florent Rousset, Managing Director of GaffneyCline said:

“GaffneyCline has been increasingly engaged in assessing a wide array of CCUS investment opportunities globally and we are excited about joining the CCSA network. We believe the successful deployment of CCUS at scale is essential to meet the World’s net zero targets and the CCSA membership from across the CO2 value chain has a crucial role to play. We look forward to engaging further with E&P operators, industrial emitters, governments, project developers, the financing communities to deliver technically sound and commercially attractive CCUS projects.”

 

ENDS

For media enquiries please contact Judith Shapiro/ ju************@************on.org or Joe Butler-Trewin/ jo***************@************on.org

 

27th October 2022, London – Last week the Carbon Capture & Storage Association (CCSA) held its annual two-day conference ‘CCUS 2022: Time to Deliver’. This year’s conference saw leaders of the Carbon Capture, Utilisation and Storage (CCUS) industry – technology developers, end-users, governments and regulators, research, legal and financial sectors – address over 400 delegates about latest developments in this rapidly evolving sector.

Ruth Herbert, Chief Executive at the CCSA, said: “It was a great pleasure to see so many industry experts, NGOs and policy leaders at our conference, discussing key actions that are needed in the UK, EU and internationally to enable CCUS to play its vital role in tackling climate change and driving economic growth, through transitioning our industrial regions to Net Zero.”

“I would like to thank all our delegates, speakers, and conference sponsors for helping to not only make this event possible but for championing CCUS on a daily basis by moving forward with their plans. Industry leaders are investing millions of pounds of capital to ensure we are on track to decarbonise our economy in line with the Paris Agreement goal to limit global warming to 1.5°c.  We now need to see decisive action from the new Prime Minister to maintain the UK’s lead in this area by putting in place the legislation and funding the cluster sequencing programme to make this industry a reality.”

The conference was sponsored by 13 companies from across the CCUS value chain, including platinum sponsors SSE Thermal, GE and Equinor as well as Carbon Clean sponsoring the conference drinks reception. Speakers at the conference included environmental experts such as founder and Chair of the Centre for Climate Recovery at Cambridge and Climate Crisis Action Group, Sir David King; Chair of the Energy Transitions Commission, Lord Adair Turner and Chair of the Government’s Energy Digitalisation Taskforce and member of the CCUS Council, Laura Sandys. Industrial leaders such as Valborg Lundegaard, CEO of Aker Carbon Capture and Paul Marsden, President of Bechtel Energy also addressed delegates – laying out their plans for implementation of CCUS, including investment in the UK.

The conference also heard from Graham Stuart, Minister of State for Climate, who spoke about the important role CCUS has to play in delivering the government’s Net Zero strategy, saying “Deploying CCUS technology is not only an intelligent way of reaching Net Zero, it is vital.”

“By transforming sectors like cement and chemicals, we’ll create low carbon, super place clusters up and down the country and our important heavy industries won’t wither on the vine and die but find new life in a decarbonised world. That’s why deploying CCUS and hydrogen technology at scale formed an important part of the growth plan we announced in September.”

 

ENDS

For media enquiries please contact Judith Shapiro/ ju************@************on.org or Joe Butler-Trewin/ jo***************@************on.org

The CCSA has signed a joint letter alongside more than 40 other industry bodies, calling for linkage between the UK and EU Emissions Trading Systems.

The letter, sent to UK Prime Minister Boris Johnson, sets out the urgency and importance of linking the two emissions trading systems ahead of COP26 – due to be hosted in Glasgow in November 2021.

The letter states that “A linkage between the UK and EU ETS would align decarbonisation pathways, create a stable environment for investment into low-carbon alternatives, and show continued UK leadership in tackling climate change.”

In response to the report “A Review of the Role of Fossil Fuel Based Carbon Capture and Storage in the Energy System”, which was published on the 11th January by Global Witness and Friends of the Earth Scotland (written by the Tyndall Centre), the CCSA has released the following comments:

“The key Paris climate goal is to deliver a net zero world by the middle of this century, e.g. 2050 – a target which the UK is committed to deliver. All credible analysis shows that Carbon Capture Utilisation and Storage (CCUS) will be absolutely critical to meeting this target. Indeed the Climate Change Committee, in their recently published Sixth Carbon Budget advice to Government, emphasised that CCS is essential to any net zero pathway. It is not clear why this study was focussed on emission reductions targets for 2030.

Today CCUS is already contributing to efforts to combat climate change and is preventing many millions of tonnes of CO2 from being released to the atmosphere. The vital role that CCUS plays stems from its ability to significantly reduce emissions from across the economy; including industry (such as steel, cement and refining), power, heating and transport – as well as unlocking a key method of greenhouse gas removal, which will be critical to meet climate goals, particularly in harder to decarbonise sectors such as aviation.

In the fight against climate change, there are no silver bullets. If we are to have any hope of achieving the transition to net zero, we will need all low-carbon technologies at our disposal – we do not have the luxury of being able to pick and choose.”

Dr Luke Warren, Chief Executive, Carbon Capture and Storage Association

In response to today’s Norwegian Government Budget announcement to allocate €29.2 million to the continued development of the large-scale industrial CCS programme, Dr Luke Warren, Chief Executive of the CCSA, commented:

“We are encouraged to see that the Norwegian Government has today moved a step closer to realising a Norwegian industrial CCS cluster.

The commitment to further studies for both the Norcem cement plant and the Klemetsrud waste-toenergy facility is globally significant – as both of these would represent world-first low-carbon industrial projects through CCS, enabling these industries to contribute to clean growth.

The Norwegian Government will also take forward the development of CCS transport and storage infrastructure on the west coast of Norway. Developing CO2 storage assets for Europe is of vital importance to meet Paris Agreement climate targets and to decarbonise some of our most important industrial sectors.

The UK is due to publish its CCUS Deployment Pathway by the end of this year. We must ensure that this Pathway delivers a strong new approach to CCS that places the UK alongside Norway as a global leader in this vital technology and makes full use of the UK’s expertise and strategic CO2 storage assets”.

The Norwegian Government announcement can be found here.