Boosting UK-wide value-added and employment without further demands on the public purse : the advantages of developing an export base for Scottish CO2 Transport and Storage

Turner, Karen and Katris, Antonios and Corbett, Hannah and Race, Julia and Zanhouo, Abdoul Karim and Karkoutli, Anas (2024) Boosting UK-wide value-added and employment without further demands on the public purse : the advantages of developing an export base for Scottish CO2 Transport and Storage. University of Strathclyde, Glasgow.

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Abstract

A nascent Scottish CO2 Transport and Storage (T&S) sector linked to the Acorn T&S project could play a vital role in developing a UK export base involving servicing overseas demand for CO2 sequestration services. Developing new greener export bases will be an important aspect of delivering a prosperous net zero economy, and it is one where Scottish T&S could offer particular opportunities relative to other UK Carbon Capture Utilisation and Storage (CCUS) clusters in leveraging the value-added, employment and revenue gains of planned investment in the CCUS cluster sequencing process without putting additional demands on the public purse. This could be an essential contribution in realising self-sustaining CCUS activity by 2035, in line with the UK Government’s CCUS Vision.

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https://doi.org/10.17868/strath.00088311