Building the UK carbon capture and storage sector by 2030
George Day
Head of Economic Strategy
We can capture and store CO2
The ETI’s work has shown that a successful UK Carbon Capture and Storage (CCS) sector could save tens of billions of pounds (something like 1% of GDP) from the annual costs of low carbon energy by the 2040s: a huge potential saving by any standards. Apart from providing low carbon electricity, CCS can capture industrial emissions, help deliver low carbon gas and deliver ‘negative emissions’ in combination with Bioenergy.
This report extends our previous modelling-based analysis, using three ambitious but deliverable scenarios to illustrate how we can build the CCS sector by 2030.
George Day
Head of Economic Strategy
George Day joined the ETI in November 2011 to lead work on the policy and economics of low carbon energy technologies. He has over 20 years of international experience as a policy economist in the water, energy and agricultural sectors. Before joining ETI he was a director at Ofwat the water sector regulator.