Carbon Capture and Storage

Sectors

Industry Experience, Rigorous Analysis, Practical Solutions.

Over the past two years or so, Government policy announcements and legislative measures, coupled with the increasingly convincing and well established body of evidence for anthropologically caused climate change, have made it clear that industries producing large quantities of CO2 will, for several decades to come, be operating with a regulatory and commercial environment in which Government policy supports CO2 emissions reduction generally, and Carbon Capture and Storage specifically. As a result, CCS is an industry that is developing apace.

Advances in the detailed understanding of the processes and technological aspects of the industry are constantly being made. With these advances comes an increased knowledge of the development and operational costs of CCS projects.

The way in which the regulatory and commercial aspects of the industry will develop and operate is less certain but the policy aims of the EU and UK Government are becoming increasingly clear and a recognition of the importance of CCS in achieving climate change targets, as well as the urgency with which CCS must be proven at a commercial scale, is evident from the rapid progression of legislative and regulatory frameworks coupled with the willingness to make state aid available to support the development of early projects and infrastructure.

This fast-moving situation offers a great number of challenges and opportunities for both existing and new businesses. Many organisations are considering whether they should invest in CCS, and if so, when and how. If you are one of these organisations then YWE can help you make the right decisions and support you in progressing your chosen CCS strategy.

Carbon Capture and Storage