Consultation outcome

Carbon capture, usage and storage (CCUS): Industrial Carbon Capture business model

From:
Department for Business, Energy & Industrial Strategy
Published
12 April 2022
Last updated
16 December 2022 鈥� See all updates
This was published under the 2019 to 2022 Johnson Conservative government
This consultation has concluded

Read the full outcome

PDF, 386 KB, 39 pages

Detail of outcome

The government response summarises the responses received and the government鈥檚 view on:

  • proposed business model to support industrial聽CCUS听诲别辫濒辞测尘别苍迟
  • the investability and suitability of the proposed business model for incentivising efficient decarbonisation and delivering value for money
  • the interaction of the Waste ICC Contract and the waste hierarchy

This response will be of interest to聽CCUS聽stakeholders, including:

  • investors and developers in potential聽CCUS听辫谤辞箩别肠迟蝉
  • the energy sector
  • industry, including energy intensive industries
  • the waste sector

Detail of feedback received

We received 25 responses from individuals, businesses, trade bodies and other organisations.

The responses were generally technical in nature in response to the specific design of the proposed contractual terms.

罢丑别听ICC and Waste ICC contracts聽will be used in the due diligence and negotiations stages of the CCUS Cluster Sequencing process for Track-1.

Original consultation

Summary

We're seeking views on our proposed business model for Industrial Carbon Capture.

This consultation ran from
to

Consultation description

Following business model updates in 2020 and 2021, this consultation seeks views on the business model for Industrial Carbon Capture (ICC). It covers:

  • proposed ICC Terms and Conditions and ICC Front End Agreement

This consultation will be of interest to CCUS stakeholders, including:

  • investors and developers in potential CCUS projects
  • the energy sector
  • industry, including energy intensive industries
  • the waste sector

but any organisation or individual is welcome to respond.

Documents

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Updates to this page

Published 12 April 2022
Last updated 16 December 2022 show all updates

  1. Government response published.

  2. First published.

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