Region: UK
CCSA Statement on the Climate Change Committee’s 7th Carbon Budget Advice
CCSA Blog: Leading for Tomorrow: The Cultural Shift Needed for CCUS Success, by Eddie McCullough, Managing Director at FidesOak®
CCSA outlines how CCUS will ensure a future resilient and sustainable holiday season
[London, 12 December] – The Carbon Capture and Storage Association (CCSA) is urging the UK Government to accelerate the deployment of Carbon Capture, Utilisation & Storage (CCUS) technologies to meet the growing demand for reliable, low-carbon energy, especially during critical periods like the festive season.
From Christmas lights decorating 150,000 miles of streets to the millions of turkeys roasting in ovens, the holidays place immense strain on the UK’s energy systems. On Christmas Day alone, the nation typically uses about 402 GWh of electricity—enough to light the Eiffel Tower for 50 years or power Tesla cars for 1.2 billion miles around the equator.
While renewables like wind and solar are essential, their intermittent nature poses challenges during peak demand.
CCUS offers a vital solution by ensuring dispatchable, low-carbon power when weather conditions are unfavourable for renewables. By capturing and storing carbon emissions from gas-fired power stations, CCUS complements renewable generation and provides a reliable energy backbone for the UK, keeping homes warm and lights shining during the holidays.
Beyond the grid, CCUS helps decarbonise hard-to-abate industries, supporting the production of goods vital to holiday traditions, from toys under the tree to food on our plates. By enabling the creation of low-carbon fertilisers, CCUS contributes to sustainable agriculture, ensuring we can continue to enjoy festive feasts without harming the planet.
CCUS for the festive period in 12 facts
As we look ahead to the future of CCUS, here are 12 facts that highlight the progress, potential, and promise of this critical technology.
One funding commitment of £21.7 billion is enabling the UK to establish its first CCUS Clusters.
Two projects reaching financial close – Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP).
£20- £30 billion of private investment is expected to flow into CCUS projects by 2030.
Four CCUS Clusters across Track-1 and Track-2 are planned, including committed funding for Track-1 clusters.
The UK has five years to achieve Clean Power by 2030 and transform its energy systems, and CCUS will play an important role in meeting this target.
The 6th Carbon Budget sets a target to reduce emissions, with CCUS playing a key role in this and upcoming carbon budgets. At COP29, the Prime Minister announced an updated target of 81% emissions reduction by 2035.
77,000 jobs will be created through CCUS projects, supporting economic growth and decarbonisation.
The 8.5 million tonnes of CO2 that HyNet and the East Coast Cluster (Track-1) are posed to capture –equivalent to taking nearly 4 million cars off the road.
£960 million had been originally allocated to the Green Industries Growth Accelerator to spur CCUS innovation and deployment.
There are 10.5 GW of Power CCS projects currently in the pipeline, reinforcing the UK’s clean energy ambitions.
11,000 additional direct jobs are projected in the greenhouse gas removal (GGR) sector.
Twelve CCUS Clusters are in various stages of development across the UK, ensuring a robust, nationwide impact.
Olivia Powis, CEO of the CCSA, said:
“At this time of year, it is easy to take for granted our power system as we focus on the festive period and presents under the Christmas tree. But with ambitious net zero targets, we need to change the way we use electricity and the products that we buy, including producing power and goods in a way that doesn’t result in more emissions with the help of CCUS. In the future, this important technology will play an critical role in bringing a low-carbon sparkle to Christmas.”
Notes to Editors
Press Pack: Infographics and an animation accompany the press release for use. Download the press pack here.
About the CCSA
CCUS, or Carbon Capture, Utilisation and Storage, is a key low carbon solution – vital to meeting the UK’s statutory Net Zero target at least cost. CCUS enables industrial decarbonisation as well as the production of clean power, clean products (such as cement and chemicals) and clean hydrogen – which can also be used to decarbonise industry. In addition, CCUS also enables greenhouse gas removal from the atmosphere through Direct Air Capture with Storage (DACS) or Bioenergy with CCS (BECCS).
The CCSA is the trade association accelerating the commercial deployment of CCUS, with offices in the UK and Belgium. We work with members, governments and other organisations to ensure CCUS is developed and deployed at the pace and scale necessary to meet net zero goals and deliver sustainable growth across regions and nations.
The CCSA currently has over 120 member companies who are active in exploring and developing different applications of carbon capture and removals, CO2 transportation by pipeline and ship, utilisation, geological storage, and other permanent storage solutions, end-users in the power, industry, waste management, fuels, and hydrogen production sectors, plus supply chain, engineering, construction and management, legal and financial consulting sectors.
For media enquiries please email pr***@************on.org
Carbon capture in Teesside reaches another milestone in journey towards deployment
SSE and Siemens Energy announce hydrogen power acceleration partnership
A Europe-wide CO2 Market Can Reduce Storage Costs by 20%
[Brussels, 4 December] – The Carbon Capture and Storage Association (CCSA), the leading CCUS trade association in Europe, has released the report “Accelerating a Europe-wide CO2 storage market”.
The report, based on modelling and analysis by Xodus Group – is clear: enabling cross-border CO2 transport and storage is critical for reducing emissions efficiently and on time. The European Commission and national governments can make this a reality.
Expanding the CO2 market across Europe, including the UK, is an effective way to lower emissions and storage costs. As of right now, policy remains the largest obstacle to transporting CO2 across the EU-UK border, which would otherwise be technically feasible.
Cross-border CO2 transport and storage would create economic benefits for industrial emitters across EU Member States, other EEA countries and the UK, supporting existing and new jobs across Europe.
To do so, the European Commission and the UK Government can take concrete actions that would send a strong signal to European businesses. These actions are:
Establish a bilateral agreement between the EU and the UK under the Trade and Cooperation Agreement (TCA) to enable mutual recognition of each jurisdiction’s CCS regulatory regime.
Amend EU and UK Emission Trading Schemes to accommodate CO2 storage outside the EU and EEA.
As CCUS projects progress in the EU, Norway and the UK – with the first sites beginning operations as soon as 2026 – enabling cross-border CO2 transport and storage would make these systems more resilient.
We need to act quickly before higher-cost options are locked in and the opportunity is lost.
Olivia Powis, CEO of the CCSA said:
“A Europe-wide CO2 market is within reach, but policies are standing in the way. We can cut storage costs by 20% and save billions annually if the EU and UK break down these barriers, and make cross-border CO2 storage happen now. The future of the European industry and climate action depends on it.”
About the CCSA
CCUS, or Carbon Capture, Utilisation and Storage, is a key low carbon solution – vital to meeting the UK’s statutory Net Zero target at least cost. CCUS enables industrial decarbonisation as well as the production of clean power, clean products (such as cement and chemicals) and clean hydrogen – which can also be used to decarbonise industry. In addition, CCUS also enables greenhouse gas removal from the atmosphere through Direct Air Capture with Storage (DACS) or Bioenergy with CCS (BECCS).
The CCSA is the trade association accelerating the commercial deployment of CCUS, with offices in Brussels and London. We work with members, governments and other organisations to ensure CCUS is developed and deployed at the pace and scale necessary to meet net zero goals and deliver sustainable growth across regions and nations.
The CCSA currently has over 120 member companies who are active in exploring and developing different applications of carbon capture and removals, CO2 transportation by pipeline and ship, utilisation, geological storage, and other permanent storage solutions, end-users in the power, industry, waste management, fuels, and hydrogen production sectors, plus supply chain, engineering, construction and management, legal and financial consulting sectors.
For media enquiries please email pr***@************on.org
[ENDS]
A Europe-wide CO2 Market Can Reduce Storage Costs by 20%
[Brussels, 4 December] ? The Carbon Capture and Storage Association (CCSA), the leading CCUS trade association in Europe, has released the report ?Accelerating a Europe-wide CO2 storage market?.
The report, based on modelling and analysis by Xodus Group ? is clear: enabling cross-border CO2 transport and storage is critical for reducing emissions efficiently and on time. The European Commission and national governments can make this a reality.
Expanding the CO2 market across Europe, including the UK, is an effective way to lower emissions and storage costs. As of right now, policy remains the largest obstacle to transporting CO2 across the EU-UK border, which would otherwise be technically feasible.
Cross-border CO2 transport and storage would create economic benefits for industrial emitters across EU Member States, other EEA countries and the UK, supporting existing and new jobs across Europe.
To do so, the European Commission and the UK Government can take concrete actions that would send a strong signal to European businesses. These actions are:
Establish a bilateral agreement between the EU and the UK under the Trade and Cooperation Agreement (TCA) to enable mutual recognition of each jurisdiction?s CCS regulatory regime.
Amend EU and UK Emission Trading Schemes to accommodate CO2 storage outside the EU and EEA.
As CCUS projects progress in the EU, Norway and the UK ? with the first sites beginning operations as soon as 2026 ? enabling cross-border CO2 transport and storage would make these systems more resilient.
We need to act quickly before higher-cost options are locked in and the opportunity is lost.
Olivia Powis, CEO of the CCSA said:
?A Europe-wide CO2 market is within reach, but policies are standing in the way. We can cut storage costs by 20% and save billions annually if the EU and UK break down these barriers, and make cross-border CO2 storage happen now. The future of the European industry and climate action depends on it.?
About the CCSA
CCUS, or Carbon Capture, Utilisation and Storage, is a key low carbon solution ? vital to meeting the UK?s statutory Net Zero target at least cost. CCUS enables industrial decarbonisation as well as the production of clean power, clean products (such as cement and chemicals) and clean hydrogen ? which can also be used to decarbonise industry. In addition, CCUS also enables greenhouse gas removal from the atmosphere through Direct Air Capture with Storage (DACS) or Bioenergy with CCS (BECCS).
The CCSA is the trade association accelerating the commercial deployment of CCUS, with offices in Brussels and London. We work with members, governments and other organisations to ensure CCUS is developed and deployed at the pace and scale necessary to meet net zero goals and deliver sustainable growth across regions and nations.
The CCSA currently has over 120 member companies who are active in exploring and developing different applications of carbon capture and removals, CO2?transportation by pipeline and ship, utilisation, geological storage, and other permanent storage solutions, end-users in the power, industry, waste management, fuels, and hydrogen production sectors, plus supply chain, engineering, construction and management, legal and financial consulting sectors.
For media enquiries please email?pr***@************on.org
[ENDS]
A Europe-wide CO2 Market Can Reduce Storage Costs by 20%
UK Investment Minister confirms that CCUS is indispensable to industrial decarbonisation
CCSA Highlights Opportunities for CCUS at COP29
• The UK’s leadership in CCUS deployment through its Cluster approach and leading regulatory framework, offers a model for other nations aiming to scale CCUS
• The UK’s offshore carbon storage capacity exceeds national needs, opening opportunities for international collaboration
• Cross-border CO₂ storage agreements and a long-term allocation framework can create certainty for investors and drive progress in industrial decarbonisation
[London, 20 November] –Speaking at a COP29 side event in Baku, Azerbaijan, Olivia Powis, CEO of the CCSA, emphasised the critical role of Carbon Capture, Utilisation, and Storage (CCUS) technologies in reducing global emissions. She highlighted the UK’s significant offshore carbon storage capacity, which exceeds national requirements, as a potential solution for international CO₂ storage needs, fostering global collaboration in emissions reduction.
Addressing a panel alongside US Dept of Energy, IEA GHG, University of Texas at Austin, Bellona, and the International CCS Knowledge Centre, Olivia addressed the financial and technical challenges of scaling Carbon Capture and Storage (CCS) technologies globally.
Olivia explained that in the UK, the CCUS Cluster approach is aimed at providing the most cost-effective solution with capture projects sharing CO2 transport and storage infrastructure. As the industry moves forward, we need to move towards a competitive, market-based approach with a regular allocation framework, providing long-term visibility for developers and the supply chain and opening up a European cross-border CO2 storage market.
The UK has committed to deploying CCUS across industrial regions as part of its ambitious goal to reduce greenhouse gas emissions by 81% by 2035. The UK’s leadership in this field offers valuable lessons for other nations striving to scale up CCUS deployment.
At COP29, Olivia detailed the UK’s leadership in CCUS deployment, offering a model for other nations aiming to scale CCUS. Collaboration between nations is essential for building trust and scaling CCUS effectively, with new projects learning from past experiences.
As global economies phase out the use of fossil fuels and drive progress in industrial decarbonisation, governments need to invest in and deploy all available technologies to transition to a low-carbon economy. CCUS is poised to play a central role in this effort, working alongside other green technologies.
With 2024 projected to be the first year global warming surpasses 1.5°C – the threshold set by the Paris Agreement – the urgency to deploy CCUS and other green technologies has never been greater. This year alone has starkly demonstrated the effects of climate change, with Europe and other regions facing unprecedented loss of life, economic upheaval, and ecological destruction from severe flooding, hurricanes, wildfires, and heatwaves.
The advantages of CCUS are clear. As long as we rely on gas-fired power stations to provide energy when renewable power is low, and continue to use cement to build hospitals, and schools, and chemicals such as fertilisers for food production, we need to find a way to do this without emitting more CO₂ into the atmosphere. For many of these industries, CCUS is the only option and a critical lifeline to support their decarbonisation.
Olivia Powis, CEO of the CCSA said:
“COP29 provided a crucial platform to share insights, address barriers, and showcase the opportunities for scaling CCUS technologies globally. The UK’s leadership in CCUS, combined with international collaboration and innovative financing solutions, will be key to ensuring CCUS plays its full role in global decarbonisation efforts.”
“What we need now is rapid deployment. Industry has already made significant investments in developing CCS projects, particularly in the UK, and with the right regulatory frameworks and government support, we can unlock even more potential. To meet our ambitious climate goals, it’s essential that we move from planning to action and accelerate the development of these critical technologies. The time to act is now.”
Notes to Editors
Key Takeaways from COP29 CCS Financing Event:
Moderated by Tim Dixon of IEAGHG, the side event at COP29 brought together experts to explore pathways for scaling CCS globally.
• Scaling CCS in Emerging Economies
Barriers like high capital costs, limited infrastructure, and regulatory challenges were discussed. Success stories, such as Trinidad and Tobago’s Technology Needs Assessment and Alberta’s TIER system, highlighted how targeted policies and financing can drive CCS progress.
• Global CCS Momentum
Brad Crabtree from the US Department of Energy shared that over 600 CCS projects are in development worldwide, with US tax incentives serving as a model for cost reduction and broader deployment.
• Innovative Financing Solutions
Experts highlighted the importance of mechanisms beyond direct subsidies, including carbon credit trading and international collaboration. Knowledge sharing, as exemplified by the International CCS Knowledge Centre, was noted as essential for effective project scaling.
• The Role of COP29 in Climate Finance
This event took place in the context of COP29’s critical discussions on climate finance, including the establishment of a new collective quantified goal to replace the current $100 billion annual target. Participants also highlighted the importance of operationalising the Loss and Damage Fund, which could support emerging economies in developing CCS projects.
Panellists:
• Tim Dixon – General Manager and Director, IEA Greenhouse Gas R&D Programme (IEAGHG) (Moderator)
• Brad Crabtree – Assistant Secretary, Office of Fossil Energy and Carbon Management (FECM), US Department of Energy
• Katherine Romanak – Researcher, University of Texas at Austin
• Olivia Powis – Chief Executive Officer (CEO), Carbon Capture and Storage Association (CCSA)
• James Fann – President and CEO, International CCS Knowledge Centre
• Olav Øye – Policy Adviser, Bellona Environmental Foundation (Bellona)
• Clarine Ovando-Lacroux – Representative, UN Environment Programme Copenhagen Climate Centre (UNEP-CCC)
• Donneil Cain – Representative, Caribbean Community Climate Change Centre (CCCCC)
This joint side event was hosted by the CCSA, IEAGHG, University of Texas at Austin, Bellona, and the International CCS Knowledge Centre. The event underscored that progress on Article 6.4 of the Paris Agreement could further reduce costs and facilitate international cooperation in CCS deployment.
About the CCSA
CCUS, or Carbon Capture, Utilisation and Storage, is a key low carbon solution – vital to meeting the UK’s statutory Net Zero target at least cost. CCUS enables industrial decarbonisation as well as the production of clean power, clean products (such as cement and chemicals) and clean hydrogen – which can also be used to decarbonise industry. In addition, CCUS also enables greenhouse gas removal from the atmosphere through Direct Air Capture with Storage (DACS) or Bioenergy with CCS (BECCS).
The CCSA is the trade association accelerating the commercial deployment of CCUS, with offices in the UK and Belgium. We work with members, governments and other organisations to ensure CCUS is developed and deployed at the pace and scale necessary to meet net zero goals and deliver sustainable growth across regions and nations.
The CCSA currently has over 120 member companies who are active in exploring and developing different applications of carbon capture and removals, CO2 transportation by pipeline and ship, utilisation, geological storage, and other permanent storage solutions, end-users in the power, industry, waste management, fuels, and hydrogen production sectors, plus supply chain, engineering, construction and management, legal and financial consulting sectors.
For media enquiries please email pr***@************on.org
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