Insight
UK government goes big on CCS with £1 billion cluster investment
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The UK government is going big on CCS. At the backbone of its ambitious strategy is a £1 billion Carbon Capture and Storage Infrastructure Fund. The first two CCS clusters to access this fund have been announced as the East Coast Cluster and HyNet North West. The cluster approach is not unique to the UK, but we think there are three things that differentiate the UK's plans - pace, scale and diversity. Read on for our take on why the first two clusters were selected, and just how achievable the UK’s big plans for CCS are.
Table of contents
- Executive summary
-
East Coast and HyNet North West Clusters
- Next step – negotiate funding
-
An important step towards UK net zero targets – and a leading global position
- If it works, a blueprint for others to follow
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Why were these clusters selected?
- Scale, diversity and jobs
- Linking up with hydrogen
- The Scottish Cluster on standby
- Tackling the long To-Do list
Tables and charts
This report includes the following images and tables:
- Track-1 selected CCS clusters
- Licence and project details for Track-1 selected clusters
- UK CCS cluster capacity build-up
- UK government CCS cluster assessment criteria
What's included
This report contains:
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