“ Siemens Energy has joined forces with Doosan Babcock and Aker Solutions to form a UK consortium that draws upon more than 450 years of combined experience ”
I believe the opportunities from CCUS are real and could have a tangible impact for the UK on tackling some of the biggest challenges we face in decarbonising our economy .
At the Global Investment Summit , the government also announced £ 9.7 billion overseas investment in the UK to ‘ power economic recovery ’. The package of 18 investment deals is expected to create 30,000 additional jobs and support growth in sectors such as wind and hydrogen energy , sustainable homes and carbon capture and storage . Developing the CCUS infrastructure will contribute to the economic transformation of the UK ’ s industrial regions and enhance the long-term competitiveness of the UK industry in a global net-zero economy .
Q . WHAT OTHER TARGETS ARE THERE ?
» As part of its 10 Point Plan , the government has set a target to capture 10Mt of carbon dioxide a year by 2030 - the equivalent of four million cars ’ worth of annual emissions , forming the foundations for future investment and potential export opportunities . energydigital Magazine . com 21