BP, Drax and Tata Steel join industry-led carbon, capture and storage group

A new industry-led group has been created to help develop carbon capture usage and storage (CCUS) technologies by providing expert advice to government.

The Department for Business, Energy and Industrial Strategy (BEIS), announced the CCUS advisory group’s creation yesterday, which will put forward proposals on financial frameworks needed to underpin investment and growth in the sector.

Group members include major companies such as Shell, BP, Tata Steel, Drax, and the National Grid.

The advisory group will also examine risk management solutions, consider the delivery capabilities needed to support the deployment of the technology, assess the impact of competitive pressures to drive cost reduction and provide costings for prospective CCUS projects.

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