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

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Turner, Karen and Gonzalez-Martinez, Paulina and Calvillo, Christian and Katris, Antonios and Karim Zanhouo, Abdoul and Race, Julia (2026) CO2 Transport & Storage as a Driver of Scottish Economic Growth and Industrial Decarbonisation. Centre for Energy Policy (CEP) University of Strathclyde, Glasgow.

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Abstract

This brief examines the economic and strategic importance of accelerating the development of Scottish CO₂ transport and storage (T&S), centred on the Acorn project. Modelling indicates that an operational Scottish T&S sector could generate annual gains of £155 million in GDP, support around 590 jobs and raise £90 million in public revenues, with potential gains exceeding £275 million if workforce and skills shortages are addressed. However, the benefits depend on sustained government support: withdrawing public backing too early would risk economic contraction and weakened industrial competitiveness.

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, Karim Zanhouo, Abdoul ORCID logoORCID: https://orcid.org/0000-0001-9883-545X and Race, Julia ORCID logoORCID: https://orcid.org/0000-0002-1567-3617;
CORE (COnnecting REpositories)