Energy and Clean Growth Minister, Claire Perry, has announced the formation of a new Carbon Capture, Usage and Storage (CCUS) Advisory Group.
The Advisory Group will bring together experts to help develop the CCUS market in the UK. The group will include industry, finance and policy experts to help deliver the government’s CCUS action plan published in November.
Government and industry are working together to develop the cost structures, risk sharing arrangements and the necessary market mechanisms that will create the stable investment framework necessary to deliver the first CCUS projects by mid-2020s.
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