Development of Carbon Capture and Storage technology alongside a hydrogen production facility could enable the region to spearhead the decarbonisation of UK industry, report says. A roadmap published today outlines how the Humber region could develop the world’s first net zero industrial cluster by 2040, spearheading the decarbonisation of some of the UK’s most energy-intensive industries. Capture for growth: creating the world’s first zero carbon economy details the potential for pioneering hydrogen production and cutting-edge carbon capture and storage (CCS) technology to transform the region’s industry. It argues the proposals could save £27.5bn in carbon taxes by 2040 and help protect 55,000 industrial jobs whose fate is currently uncertain given the UK’s plans to transition to a net zero emission economy.
Business Green 5th Nov 2019 read more »
On Wednesday 6 November, the Carbon Capture and Storage Association (CCSA) will be hosting its first annual conference: CCUS 2019: Capturing the clean growth opportunities. We’re delighted that Shell and others are supporting the conference which will act as a meeting place for key stakeholders, the industry and potential customers at this watershed moment for carbon capture, usage and storage (CCUS). The change in our energy sector over the last decade has been dramatic but the transformation to a net-zero world will be unprecedented. CCUS is essential to ensuring that this transition will benefit every part of the economy, going further into power as well as industry and – through the production of clean hydrogen – the heating and transport sectors. The rollout of CCUS in the UK requires the rapid development of a huge new sector that can provide decarbonisation services to UK businesses. The importance of CCUS to meeting the goals of the Paris Agreement provides opportunities for international leadership and new markets for services and the supply chain.
Business Green 4th Nov 2019 read more »