Business model for power bioenergy with carbon capture and storage (Power BECCS)
Read the full outcome
Detail of outcome
The government response to this consultation on the proposed business model for power BECCS confirms the following positions:
- the Dual CfD mechanism (‘CfDc + CfDe’) which values both the negative emissions and electricity generated
- support for the transport and storage (T&S) fees being calculated and paid separately
- confirmation of a supply chain emission threshold in the model. This position will not declare our approach or unit of measurement, just indication of inclusion
The response outlines the next steps:
- we will continue to progress business model development and engagement with interested parties, working across government to ensure alignment with other developing policies
- to enable this, we are keen to continue engaging with industry, NGOs, academia and other interested parties and will establish a series of regular engagement sessions. We plan to use these engagement sessions to gather further evidence and develop the design of the business model
The response also includes a summary of the consultation responses.
Detail of feedback received
We received 1,024 responses to this consultation:
- 37 were individual responses from organisations
- the rest were from a coordinated email campaign where a significant amount of these were identical responses
Responses included feedback on the specific details and objectives referred to in the consultation, although some were more general.
Original consultation
Consultation description
This consultation is seeking views on the government’s minded-to position for a business model to incentivise deployment of power bioenergy and carbon capture (BECCS) within the UK.
We are seeking views from anyone with an interest, including:
- prospective power BECCS projects
- investors
- non-governmental organisations
- academics
Read the BEIS consultation privacy notice.
Documents
Updates to this page
Published 11 August 2022Last updated 30 March 2023 + show all updates
-
Government response published.
-
First published.