The energy sector has changed dramatically since the coronavirus; and Russia’s invasion of Ukraine in February 2022 fuelled an energy crisis and stoked concerns over future energy security. The UK Government responded with the Ten Point Plan, which sets out they will take to build back better, support green jobs, and accelerate our path to net zero. Following this, in March 2023 the UK Government have announced £20 billion funding over the next 20 years for CCUS projects in the UK as well as the Net Zero Hydrogen Fund (NZHF) and the Hydrogen Business Model (HBM) will provide £240 million in grant funding to be used towards the upfront costs of development and capital expenditures. This was dually needed given the USA’s Inflation Reduction Act (IRA) announcement and the European Commission’s Green Deal Industrial Plan announcement. The UK government understood the need to attract investment into the UK rather than overseas to ensure their climate change targets are achieved, and to provide energy security.
The 5th UK CCUS & Hydrogen Decarbonisation Summit will be a 3-day conference and will assess and review the opportunities within the UK Energy Sector and consider how hydrogen can help the UK develop its own green energy source. It will also consider how carbon capture storage & utilisation can decarbonise the energy intensive sectors while producing a carbon circular economy. Also, how we can now connect the end users with the producers within the downstream sector to ensure the 2030 targets are met.
The 5th UK CCUS & Hydrogen Decarbonisation Summit will focus on the projects and innovation around CCS, CCU within industrial operations and how hydrogen can decarbonise industry and transport. The summit will bring together 750 + government officials, regulators, key industry stake holders, leading academia, and service companies.
