ETI CEO welcomes CCS Cost Reduction Taskforce report (May 2013)
1 May 2013
ETI CEO David Clarke welcomes the recently publicshed report by the CCS Cost Reduction Taskforce, he said:
"Today’s report publication marks another step in the right direction for the creation of an infrastructure framework to support the development of CCS as an industry in the UK. There is still a long way to go to de-risk CCS – storage identification, capture technology development and demonstration, establishing market and investor confidence – all areas the ETI are continuing to address, but this report sets out some clear guidance on how CCS can evolve and become an important contributor to a low carbon economy in the UK. The emphasis now is on making the report’s recommendations a reality. The ETI will continue to play an influential role in helping to push forward CCS development, through our participation in the new Commercial Development Group and the continued roll out of our in-house CCS technology programme supporting academia, government and industry to further understanding and technology innovation in this area."
To view the report please click here.
"Today’s report publication marks another step in the right direction for the creation of an infrastructure framework to support the development of CCS as an industry in the UK. There is still a long way to go to de-risk CCS – storage identification, capture technology development and demonstration, establishing market and investor confidence – all areas the ETI are continuing to address, but this report sets out some clear guidance on how CCS can evolve and become an important contributor to a low carbon economy in the UK. The emphasis now is on making the report’s recommendations a reality. The ETI will continue to play an influential role in helping to push forward CCS development, through our participation in the new Commercial Development Group and the continued roll out of our in-house CCS technology programme supporting academia, government and industry to further understanding and technology innovation in this area."
To view the report please click here.