Carbon capture, usage and storage: amendments to Contracts for Difference regulations

Closes 8 Sep 2021

Opened 21 Jul 2021

Overview

In November 2020, the government published the Ten Point Plan for a Green Industrial Revolution, with commitments focused on driving innovation, boosting export opportunities, and generating green jobs and growth across the country to level up regions of the UK. Included in the Ten Point Plan was a commitment to deploy Carbon Capture, Usage and Storage (CCUS) in two industrial clusters by the mid-2020s, and a further two clusters by 2030 with an ambition to capture 10 MtCO₂ per year by 2030.

This consultation seeks views on three proposed amendments to the Contracts for Difference (CfD) regulations that will facilitate the award of the Dispatchable Power Agreement (DPA) for Power Carbon Capture and Storage:

  • Retrofit CCS eligibility for a DPA
  • Payment mechanism terminology
  • Non-pipeline shipping

The government anticipates that this consultation will be of interest to any stakeholder with an interest in the development of CCS policy.

Why we are consulting

We are consulting to gather your views on the three proposed amendments:

  • Retrofit CCS eligibility for a DPA
  • Payment mechanism terminology
  • Non-pipeline shipping

Read the consultation document on GOV.UK.

Audiences

  • SMEs (small and medium businesses)
  • Large businesses (over 250 staff)
  • Multinational businesses
  • Business journalists
  • Trade bodies
  • Legal representative
  • Medium business (50 to 250 staff)
  • Micro business (up to 9 staff)
  • Low carbon technologies
  • Construction
  • Investment
  • Manufacturing
  • Technology (R&D)
  • Finance
  • Consumer organisations
  • Consumers
  • Businesses
  • Training Organisation
  • Further Education sector representative body
  • Universities
  • Scientists
  • Universities
  • Research Councils
  • Science Policy organisations and thinktanks
  • University associations
  • Science journalists
  • Researchers
  • Innovation community
  • Consumers
  • General public
  • Charities
  • Local government
  • Central government
  • Regulator
  • Non-departmental public bodies
  • The Devolved Administrations
  • Charities and Third Sector organisations
  • Non-Government Organisations

Interests

  • Economic growth
  • Science and society
  • Innovation
  • Industrial strategy
  • Oil and Gas
  • Saving energy
  • Security and resilience
  • Renewable energy
  • Energy and climate change
  • Energy efficiency
  • Electricity
  • Business investment
  • Carbon budgets
  • Emissions
  • Carbon capture and storage
  • Carbon markets
  • Carbon neutrality
  • Climate change