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 — See all updates

This was published under the 2019 to 2022 Johnson Conservative government

This consultation has concluded

Read the full outcome

Government response

PDF, 386 KB, 39 pages

Detail of outcome

The government response summarises the responses received and the government’s view on:

• proposed business model to support industrial CCUS deployment
• 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 CCUS stakeholders, including:

• investors and developers in potential CCUS projects
• 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.

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

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Original consultation

Summary

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

This consultation ran from
9:30am on 12 April 2022 to 11:45pm on 10 June 2022

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

Industrial carbon capture business model: summary and consultation

PDF, 1010 KB, 60 pages

Industrial carbon capture business model: April 2022 update

PDF, 1.53 MB, 85 pages

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Draft: Industrial carbon capture: standard terms and conditions

PDF, 2.8 MB, 391 pages

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Draft: Industrial carbon capture front end agreement

PDF, 361 KB, 34 pages

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

1. 16 December 2022

   Government response published.

2. 12 April 2022

   First published.