The CCUS 2024 conference, “Capturing a Net Zero
Future”, held in London on 15 and 16 October, provided a
space for developers, policymakers, financiers, investors and
industry experts to discuss the latest advancements and future
directions in carbon capture, utilisation, and storage
(“CCUS”). The event highlighted that
it is now a question of “when” and not “if”
CCUS will be deployed long-term and at scale, and the critical role
of CCUS in achieving global climate goals. Members of the BCLP
Energy Transition team were in attendance at the conference and
drew out the following themes from the discussions:
Financing and funding
The development of markets and mandates to support the
commercial viability of CCUS projects was a key topic at the
conference. Deployment of CCUS at scale will require considerable
private sector investment but no single stakeholder can provide the
investment necessary and accept all risks associated with
establishing a CCUS industry; the