![]() ![]() We will start our regulatory work after the UK government grants the first carbon dioxide transport and storage licence to a company. The CCUS roadmap outlines joint government and industry commitments to the deployment of CCUS in the UK and sets out the approach to delivering 4 CCUS low carbon industrial clusters, capturing 20. promote the efficient and economic development and operation of transport and storage networks taking into account how those with a licence finance their activities.Stacey Collins, a CCUS & low-carbon hydrogen expert at Pinsent Masons, said the £. protect the interests of consumers who may be affected by our carbon dioxide transport and storage regulatory activity New financial support for British carbon capture, usage and storage (CCUS) projects announced in the latest budget could be critical to the UK’s ambition to bolster its domestic energy supply, according to one legal expert.protect the interests of current and future carbon dioxide transport and storage network users, for example large industrial plants who want to decarbonise their operations by capturing and storing their carbon dioxide emissions. ![]() The Act also includes our legal powers and how we can use these to enforce and change licences for carbon dioxide transport and storage. The rules that must be followed for carbon dioxide transport and storage networks are set out in the Energy Act 2023. Norwegian oil company’s facility will be biggest in world with carbon capture and storage technology Jillian Ambrose Mon 19.01 EDT Last modified on Fri 11. The transport and storage networks will be part of the infrastructure needed for carbon capture and storage. We have legal powers to regulate the transportation and storage networks of carbon dioxide (CO2) in the UK. ![]()
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