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Industry breakfast on carbon capture and storage at a critical moment for the sector

22 January 2025

The UK’s emerging carbon capture and storage (CCS) sector comes under focus at OEUK’s first breakfast briefing of 2025 on Thursday January 30 at P&J Live, Aberdeen, sponsored by Deloitte.

Drawing expert speakers from regulators, operators and developers at the forefront of CCS activity, the event follows news that £21.7bn of funding has been confirmed to kickstart the sector, laying the foundations of a domestic CCS market. The event will give attendees the opportunity to gain direct insight from specialists preparing to break ground on initial CCS cluster projects around the country, which will play a key role in delivering the UK’s net zero emissions target.

Key themes under focus include the key opportunities and challenges of getting CCS projects to market. The event will highlight key opportunities and challenges in bringing CCS projects to market. Presentations on each of the four CCS cluster projects will showcase their progress and emphasise the critical need to deliver the full project pipeline to meet the UK’s CCS targets. Additionally, the event will feature insights from projects outside the cluster sequencing process, which urgently require a route to market.

OEUK will also be presenting the findings of an independent new study by Arup that will identify the policy measures needed to enable the transition from the current subsidy-based regime to a market-led future.

Enrique Cornejo, Head of Energy Policy, Offshore Energies UK said:

“We have a great opportunity to leverage the UK’s unique position for CCS leadership. This event comes at a critical moment for the sector, especially as the first CCS cluster project has achieved a final investment decision. This is a significant milestone, but we must keep the momentum going.  It is critical to see the remaining Track projects materialise and the development of a route to market for other projects. Our significant storage potential, existing energy infrastructure, and local supply chain provide us with a competitive edge. To capitalise on this significant opportunity, we must encourage the development of policies that enable the full project pipeline to materialise.”

Shaun Reynolds, Energy Transaction Services Partner at Deloitte said:

“Deloitte’s sponsorship of OEUK’s first breakfast briefing of 2025 underscores our role in supporting the UK’s journey towards achieving net zero emissions. These conversations are critical to laying the groundwork for a thriving domestic CCS market that can harness the UK’s unique strengths in infrastructure and expertise. We are keen to engage with stakeholders to address challenges and unlock the immense opportunities this sector holds for our economy and the environment.”

The roster of speakers and panellists at the business breakfast include:

  • Jemima Bruin-Bland, Global Lead for Carbon Capture, Arup
  • Dr Peter McFadzean, CO2 Transport and Storage Lead, UK, Equinor
  • Jonathan Dredge, Head of Policy and Strategy – Low Carbon Solutions UK, Exxon Mobil
  • Tanisha Beebee, Head of CCS Policy and Advocacy, Harbour Energy
  • Zoe Sayer, CCS Stewardship Lead, North Sea Transition Authority
  • Dave Whitehouse, CEO, Offshore Energies UK
  • Enrique Cornejo, Head of Energy Policy, Offshore Energies UK
  • Neil McCulloch, CEO, Spirit Energy
  • Nic Braley, Acorn General Manager, Storegga
  • Phil Hemmens, External Relations Senior Advisor, ENI Carbon Capture, Usage and Storage (CCUS) Holdings

 


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