ETI response to CCS Taskforce report on the potential for reducing the costs of CCS in the UK
23 November 2012
23rd November 2012
David Clarke, CEO of the Energy Technologies Institute and a member of the CCS Taskforce, said:
“We have long voiced the view based on our modelling activity that reaching the UK’s challenging emissions reductions targets for 2050 will require CCS as a key development priority. We see CCS as providing both a technological and economical opportunity for the long-term. The task force’s interim report highlights the potential that exists. We are fortunate as a country to have access to high quality geological storage across our sea bed, the challenge is to capitalise on the availability of such natural resources and innovate the efficient capture and transport technologies required to make this an economically viable option. If we are serious as a country in developing a strong CCS industry we have to do this from a long term perspective and commitment basis. I hope the report published today begins to help educate interested parties, including financial markets, so steps can be taken to begin to move the potential into reality.”
David Clarke, CEO of the Energy Technologies Institute and a member of the CCS Taskforce, said:
“We have long voiced the view based on our modelling activity that reaching the UK’s challenging emissions reductions targets for 2050 will require CCS as a key development priority. We see CCS as providing both a technological and economical opportunity for the long-term. The task force’s interim report highlights the potential that exists. We are fortunate as a country to have access to high quality geological storage across our sea bed, the challenge is to capitalise on the availability of such natural resources and innovate the efficient capture and transport technologies required to make this an economically viable option. If we are serious as a country in developing a strong CCS industry we have to do this from a long term perspective and commitment basis. I hope the report published today begins to help educate interested parties, including financial markets, so steps can be taken to begin to move the potential into reality.”