Carbon capture, usage and storage (CCUS): investor roadmap
This roadmap outlines key opportunities to invest in CCUS in the UK.
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The CCUS roadmap outlines joint government and industry commitments to the deployment of CCUS in the UK and sets out the approach to delivering 4 CCUS low carbon industrial clusters, capturing 20-30 MtCO2 per year across the economy by 2030 to help meet the UK’s 2050 net zero target.
The UK is ideally positioned to lead the global development and deployment of CCUS, with the world class industrial experience and world leading capital investment landscape to enable innovation, development, and growth. It has one of the largest potential CO₂ storage capacities in Europe (an estimated 78Gt of CO₂ storage capacity in the UK Continental Shelf), making it one of the most attractive business environments for CCUS technology.
This investor roadmap summarises the current engagement of government and industry and outlines further opportunities to deliver on national CCUS objectives in collaboration with investors.
It forms part of a series of roadmaps to be published over the course of 2022 for each sector of the Prime Minister’s Ten Point Plan, demonstrating how the UK is delivering on its green commitments.