Energy produced using carbon capture and storage (CCS) technology could become cost competitive with nuclear and offshore wind power in the 2020s, according to a new parliamentary report. Produced by the Parliamentary Advisory Group on CCS, led by Lord Oxburgh, for the Department for Business, Energy and Industrial Strategy, the report sets out the potential for the beleaguered technology in the UK, and how the government could foster a cost-competitive industry before 2030.
Carbon Brief 12th Sept 2016 read more »
The UK government must take immediate steps to ignite a national carbon capture and storage industry (CCS) to prevent a dramatic increase in the cost of tackling climate change, according to a joint industry and parliamentary advisory group. In a new report on the future of the industry, the group – formed earlier this year following the controversial cancellation last year of the government’s £1bn CCS competition – said the technology is an “essential component” in delivering lowest cost decarbonisation across the whole UK economy.
Business Green 12th Sept 2016 read more »