UKRI - Industrial Decarbonisation Challenge (IDC)’s Post

ICYMI: The development of #carboncapture technologies is crucial to achieving decarbonization targets, but projects are not progressing fast enough according to experts. L’article Carbon capture projects must accelerate to achieve #carbonneutrality est apparu en premier sur energynews.

Are UK SMEs Left Behind? Our recent research on net zero regulatory compliances for Small and Medium Enterprises (SMEs) brought us some interesting discoveries. The UK's ambitious goal of net zero by 2050 requires a nationwide effort. Collectively, SMEs consume closer to 50% of commercial energy, according to GoZero project by Environmental Change Institute (ECI), University of Oxford However, many SMEs struggle to progress towards net zero due to: 1. Limited resources - dedicated personnel and financial resources required for large-scale renewable energy projects. 2. Lack of awareness - Staying up-to-date on evolving policies and funding opportunities can be overwhelming for busy SME owners. The result? Many SMEs are unintentionally left behind in the net zero race. So, what can be done? Targeted policy support Knowledge sharing initiatives Streamlined funding mechanisms Above all, green energy solutions should be accessible for SMEs. As we are celebrating International MSME Day, we believe, in our road to net zero, no one should be left behind. #InternationalMSMEDay #RE24 #CleanEnergy #NetZeroForAll #NetZero #UK #SMEs #HourlyMatchedEnergy

The development of #carboncapture technologies is crucial to achieving decarbonization targets, but projects are not progressing fast enough according to experts. L’article Carbon capture projects must accelerate to achieve #carbonneutrality est apparu en premier sur energynews.

GenZero and International Energy Agency (IEA) co-authored a report on the role of high-quality carbon credits in accelerating the #transition to #cleanenergy and scaling up solutions such as low-emissions #hydrogen, sustainable aviation fuel (#SAF) and direct air capture and storage (#DACS).   Titled 'The Role of Carbon Credits in Scaling Up Innovative Clean Energy Technologies', the report estimates that by the early 2030s, annual investment of USD 4.5 trillion is needed per year to accelerate deployment across all clean energy technologies and infrastructure, up from USD 1.8 trillion in 2023.   Frederick Teo, CEO, #GenZero, said: “Accelerating the development and adoption for critical technologies like low-emissions hydrogen, sustainable aviation fuels and direct air capture will be critical to achieve fundamental decarbonisation at industrial scale and realise net zero ambitions globally. Beyond challenges in technology readiness, high costs continue to deter early adoption. While costs will eventually come down and technology will mature, will it happen fast enough to avert a looming climate crisis? We need to accelerate adoption by catalysing more investments and financing into these areas. Carbon markets, via high-quality tech-based carbon credits, offer a scalable pathway to do so. Together with supportive regulatory policies, clearer guidance on the carbon accounting associated with such carbon credits, and strong corporate demand supported by high-integrity claims guidance, we believe that carbon credits can play an important role to scale up these critical low-carbon technology solutions."   Tim Gould, Chief Energy Economist of the #IEA, said: “Our analysis shows that low-emissions hydrogen, sustainable aviation fuels and direct air capture all have crucial roles to play if we are to limit global warming to 1.5 °C, but for the moment the underlying economics are challenging. To secure an early, massive scaling up of these technologies, governments need a range of complementary policies and innovative financing instruments. Carbon credits cannot bridge the investment gap on their own, but our new joint work with GenZero underscores how well-designed and credible crediting mechanisms can get projects moving by improving revenues and bankability.”   #IEA #GenZero #cleanenergy #SAF #hydrogen #DACS #carboncredits   Check out the report below or download it at https://lnkd.in/gZKv4xa5

🌍 Exponential Potential in Carbon Capture, just without the growth? 🌍 According to McKinsey & Company latest report, “The Energy Transition: Where Are We Really?”, the CCUS project pipelines indicate a remarkable trajectory. If all projects are developed, we could see a 60-fold increase in carbon capture capacity in Europe and a nine-fold increase in the US by 2030. However, the key word here is “IF”. Despite these ambitious announcements, over 90% of these projects have yet to reach the final investment decision (FID) stage, posing a significant risk to their realization. The reservoir of projects is there, but what is needed to get them flowing downstream? Two critical levers are streamlined regulatory approvals and robust investment frameworks to ensure these projects move from planning to execution. Let’s support and invest in these groundbreaking technologies to secure a cleaner, greener future! 🌱💡 #EnergyTransition #CarbonCapture #Sustainability #Innovation #NetZero

📢 Last week the CCSA’s UK Director Olivia Powis featured as a keynote speaker at the Leader Associates IMPACT! webinar titled "What's Next - Forecasting UK's Green Hydrogen and Carbon Capture Landscape under New Government," alongside key industry leaders. Olivia’s session, "Building Momentum of CCUS in the UK: Making Carbon Capture Projects Happen" covered the following points: 1. Overview of the UK CCUS industry 2. The need for certainty from the Government to attract investors and secure the supply chain 3. Projected levels of deployment 4. Market and Government drivers for CCUS 5. Strategies to overcome barriers to delivery 🔎 Olivia's main takeaway was that the UK’s CCUS industry is on the cusp of deploying projects at scale, transforming industries and communities. With strong Government commitment and clear policies, we can futureproof the success of key British industries, create thousands of jobs, and attract billions in private investment. Other sessions from the webinar included: 🔹 Setting the Scene - Exploring the Hydrogen and CCUS Market in the UK with Prof. Niall Mac Dowell, Professor of Future Energy Systems at Imperial College London 🔹 Industry Perspectives on Green Hydrogen and CCUS Directions under New Government: A Regulatory and Investment Outlook with Chris Thackeray, Global CCS Head at Baringa 🔹 Unlocking UK's Public-Private Synergies - Fast Tracking Hydrogen Production, Development, and Use with Clare Jackson, CEO of Hydrogen UK 🎥 Watch the webinar recording here: https://lnkd.in/evif3Y8W #NetZero | #CCUS | #CarbonCapture

🌍COP29 Investing in a livable planet for all🌍 With COP29 kicking-off, the urgency to address climate change and achieve net-zero goals has never been greater. At PNDC we are committed to advancing these goals through cutting-edge research, collaboration, and real-world innovation in energy systems. As a leading center in the UK for power system R&D, PNDC is where industry, academia, and government come together to test, validate, and accelerate the adoption of sustainable technologies. Our work aligns with COP29’s focus on global action providing practical routes towards energy resilience, grid modernisation, and carbon reduction. Let's keep pushing forward with innovation and partnerships to meet the COP29 goals and beyond. Interested in learning more about how PNDC is leading the way in sustainable energy? Check out our website (www.pndc.co.uk) or get in touch with the team pndc@strath.ac.uk. #COP29 #Sustainability #NetZero #ClimateAction #UniversityofStrathclyde #PNDC #EnergyInnovation #GreenTransition #DESNZ #DBT #InnovateUK #UKRI

Positive to hear alignment aound the need to accelerate transition activities. A few takeaways - renewable roll out needs to accelerate - firming will be a critical requirement - predictability of pricing has impacted sentiment and trust - we mustn’t forget the transition of other sectors such as aviation, agriculture and transport - we need to keep global competitiveness at front of mind in areas such as aluminium and iron/steel. Check our this great piece by Sandra James which explores how we can pick up the pace! #AFREnergyClimateSummit #energy Pradeep Philip Matt Judkins

🌍 State of Net Zero: Progress, Challenges, and Opportunities 🌱 A clear learning from this document is there is lot to be done and again Policy and Mandate are the key to this transition. The journey to net-zero emissions is accelerating, but progress remains uneven across sectors, requiring urgent action and collaboration to meet global climate goals. The Good News ✅ Decarbonization Gains: Industries like electricity and automotive are leading the charge, with renewable energy adoption and electric vehicle (EV) penetration increasing significantly. ✅ Technology Advances: Innovations in hydrogen, carbon capture and storage (CCUS), and energy efficiency are gaining traction, offering scalable solutions for hard-to-abate sectors. ✅ AI to Rescue 5 to 7% efficiency gains from AI in this transition. . The Challenges ⚠️ Hard-to-Abate Sectors Lagging: Industries like oil & gas, aviation, and steel contribute disproportionately to emissions and face high barriers to decarbonization. ⚠️ Investment Gaps: Achieving net zero by 2050 requires an additional $30 trillion in investment across clean energy infrastructure, CCUS, and hydrogen ecosystems. ⚠️ Policy and Regulation: Inconsistent global frameworks and weak enforcement hinder progress, especially in developing regions. Key Metrics 🌟 Methane Reductions: Methane abatement is crucial, but current implementation meets less than 10% of needed capacity. 🌟 CCUS Deployment: Carbon capture infrastructure is far below the required scale, addressing less than 1% of projected needs. 🌟 Hydrogen Ecosystems: Green hydrogen adoption is promising but constrained by high costs and limited infrastructure. The Path Ahead 🌱 Collaboration: Public-private partnerships, like the Northern Lights CCUS project, demonstrate scalable decarbonization models. 🌱 Investment Priorities: Scaling renewables, hydrogen, and CCUS is non-negotiable for global success. 🌱 Policy Alignment: Unified carbon pricing and clear regulatory frameworks are essential to accelerate adoption. The net-zero transition is both a challenge and an opportunity, calling for bold investments, innovation, and global alignment. Together, we can make the leap toward a sustainable future. 💡 How is your organization contributing to net-zero goals? Share your journey below! #NetZero #Sustainability #ClimateAction #Decarbonization #RenewableEnergy #Innovation

At the 2024 Climate & Sustainability Leadership Summit, Assaf Sayada, CEO of Hydro X, discusses the challenges facing the hydrogen economy, including high costs for storage and transportation, which currently exceed industry targets. He introduces Hydro X's innovative water-based technology, which aims to reduce storage costs to below $1 per kilogram. This non-toxic, non-flammable solution operates under near-ambient conditions, cutting both operational and capital expenses. Assaf highlights the potential for Hydro X’s breakthrough to scale hydrogen use in industries like steel, glass, and gas blending, positioning it as a key driver of the hydrogen economy. #hydrogen #energy #energystorage #hydrogeneconomy #environment Nicole Grubner Gil Bashe Celia Jones Cullen Burnell Amy Terpeluk