Energy UK responds to BEIS Committee report on CCUS
Responding to today's BEIS Select Committee report into carbon capture usage and storage (CCUS), Energy UK’s chief executive, Lawrence Slade said:
"As our Future of Energy report published yesterday makes clear, establishing Carbon Capture Utilisation and Storage (CCUS) at scale is essential if we are to meet our climate change targets, so we fully back the BEIS Select Committee’s call on the Government.
”Energy UK is a member of the CCUS Council and our members are already deploying pilot schemes. But while there is growing recognition from Government of the importance of CCUS, a full commitment is necessary to bring forward the substantial and long-term investment that will enable it - and allow CCUS to play a crucial role in the future energy system.
“Carbon capture will be critical in decarbonising sectors where there are few cost-effective alternatives, such as industrial processes, shipping, haulage and heating. And, as we’ve seen with renewables like offshore wind, becoming a world leader in new technologies can bring economic benefits to the UK through jobs, investment and exports - at the same time as innovation and growing expertise drive down costs.”