CO2 Transport & Storage as a Driver of UK Growth and Industrial Decarbonisation

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Turner, Karen and Gonzalez-Martinez, Paulina and Calvillo, Christian and Katris, Antonios and Zanhouo, Abdoul Karim and Race, Julia (2025) CO2 Transport & Storage as a Driver of UK Growth and Industrial Decarbonisation. University of Strathclyde, Glasgow.

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Abstract

About the project: The Centre for Energy Policy (CEP), in partnership with the Scottish Government, Storegga, and OEUK, is updating its economy-wide scenario simulations to reflect the latest developments across the UK’s Track 1 and Track 2 CCUS clusters. Building on our earlier Scotland’s Net Zero Infrastructure (SNZI) research, CEP has developed a peer-reviewed economy-wide scenario simulation framework to analyse the wider economic outcomes of a nascent CO2 Transport and Storage (T&S) sector. The framework explores how a UK T&S sector – emerging via Acorn T&S as part of the regional cluster approach to industrial decarbonisation – could shape GDP, employment, public revenues, and competitiveness across the whole economy. Our results highlight both the opportunities and risks associated with T&S development, and the policy and industry actions needed to secure lasting benefits.

ORCID iDs

Turner, Karen ORCID logoORCID: https://orcid.org/0000-0002-1144-5019, Gonzalez-Martinez, Paulina ORCID logoORCID: https://orcid.org/0000-0003-2038-0066, Calvillo, Christian ORCID logoORCID: https://orcid.org/0000-0002-5495-6601, Katris, Antonios ORCID logoORCID: https://orcid.org/0000-0001-9352-2307, Zanhouo, Abdoul Karim ORCID logoORCID: https://orcid.org/0000-0001-9883-545X and Race, Julia ORCID logoORCID: https://orcid.org/0000-0002-1567-3617;
CORE (COnnecting REpositories)