Capturing Carbon

Decarbonising industry

We can’t get to a zero carbon economy unless we work out how to produce primary materials like metal and cement without releasing carbon into the atmosphere. But so far there are no working examples of how to do this at commercial scale.

Carbon capture and storage is likely to be essential in achieving this goal but it will need a lot more support than the carbon price is able to provide to secure investment.

We have begun to look in detail at what options exist for rapid and deep decarbonisation of industrial sectors. Alongside electrification, permanent carbon capture and storage covers a large range of potential technologies, including piped storage to offshore oil and gas fields and mineralisation and some forms of utilisation.

We have also started to think about the policies and supporting frameworks that will be needed to enable options to be deployed and exploring the use of contracts for difference struck off the EU carbon price, funded from allowance revenue auctions.

CCS FAQs