UK Onshore Oil & Gas: Planning and Environment Summit
- 06 July 2016
- 08:30 - 16:30
- The Studio, Birmingham
The UK Government has set out the long-term vision to deliver a more resource efficient energy market, minimise the costs to businesses and households, and seize the opportunities that a shift towards a low carbon economy present. The Clean Growth Strategy has set the agenda for decarbonising all sectors of the UK economy through the 2020s detailing how over £2.5 billion will be invested by the government to support low carbon innovation from 2015 to 2021.
The 2008 Climate Change Act sets legally-binding emissions targets that chart a course to an 80% reduction of greenhouse gas emissions by 2050 (compared with 1990 levels). The Act requires that the government plan in advance how those targets will be met, due to be shortly published new policy frameworks will detail emission reduction plans, strategic investment in innovation, and the opportunities to reduce the costs of achieving low carbon goals. The 2016 Paris Agreement also sets a wider global action plan to avoid dangerous climate change by limiting global warming to well below 2°C. Following the EU referendum result the UK government may have more scope to shape future environment legislation outside of the EU and the opportunity to radically improve the way we manage our resources, energy markets and natural environment.
The UK government has developed plans to work with energy industries, stakeholders and regulators to manage the changes to energy markets required in transition to clean and sustainable growth. The shift to a low carbon economy requires strategic investment in innovation and regulatory frameworks that can minimise the costs to UK businesses, taxpayers and consumers. Our conference agenda will not only explore the new energy policy landscape but also the opportunities offered by hydrogen fuel cell and Carbon Capture and Storage (CCS) technologies across multiple applications such as industrial energy, heating, energy storage and transportation.
This timely conference will explore the new government strategies to reduce emissions, secure energy supplies and drive sustainable, clean growth in a low carbon economy.
The UK Government is committed to meeting its legally-binding targets under the Climate Change Act and is issuing a new framework to not only reduce emissions but to ensure the UK can capitalise on its strengths in the energy industries and win a substantial share of global markets. The 2016 Paris Agreement, signed by 195 countries, has reaffirmed the world's commitment to mitigate the risks of climate change and, with the impacts associated with global warming rising year-on-year, there is an urgent need for both government and industry action. The government has a key role to play in developing energy infrastructure, funding energy research and securing energy supplies. The Clean Growth Plan intends to outline how strategic investment in innovation and design of regulatory frameworks can influence investment, manage markets and ensure the long-term affordability of energy for UK households and businesses.
This one-day conference will explore the how the UK can decarbonise across domestic heat, transport, and energy intensive industries in line with the government's Clean Growth Strategy published in autumn 2017. We will be exploring how hydrogen fuel cell and Carbon Capture Storage technology can help the UK reduce its carbon emissions across four key areas: Managing energy demands in line with policy commitments; Domestic heat; Carbon Capture and Storage and Industrial Emissions; and Transport.
Delivering affordable energy for UK businesses is a challenge. There are 15 sectors in the economy - including chemicals, steel, glassmaking and ceramics - where energy costs represent over ten percent of total business expenditure. The government is reviewing the opportunities to reduce the costs of achieving our decarbonisation goals in the power and industry sectors and deliver a long-term roadmap to minimise business energy costs. The aim is position the UK economy to benefit from technological transformation and innovation that will be in demand across the world.
Alongside a commitment of £600m investment in low emission vehicles the UK Government announced plans to ban the sale of new diesel and petrol cars by 2040. This market intervention aims to encourage people to buy low emission or electric vehicles. Michael Gove, the Environment Secretary, has warned that Britain "can't carry on" with petrol and diesel cars because of the damage to people's health and the environment. Experts have warned that plans are ambitious and need to be matched with infrastructure investment, arguing a vehicle ban policy will place unprecedented strain on the National Grid and energy resources.
The government must work with energy industries, regulators and stakeholders to manage the changes required in a transition to a low carbon economy. New policy frameworks will detail emission reduction plans, strategic investment in innovation, and the opportunities to reduce the costs of achieving low carbon goals.
The Norwegian Government is committed to a full-scale Carbon Capture and Storage project, setting out investment on a broad front to develop cost-effective technology for CCS and seek to build at least one full-scale carbon capture demonstration plant by 2020. The government completed assessment of benefits that demonstrated that all alternatives will contribute to significantly reducing barriers and costs for subsequent CCS projects.
The UK Government is committed to meeting its legally-binding targets under the Climate Change Act and is issuing a new framework to not only reduce emissions but to ensure the UK can capitalise on its strengths in the energy industries and win a substantial share of global markets.
The conversion strategy for the Leeds City area included proposals to supply the local grid with low-carbon hydrogen produced at four steam methane reformers on Teesside utilising Carbon Capture and Storage.
This session will be looking at how CCS can help reduce carbon emissions within energy intensive industries. The industries in focus will include power stations, steel, cement, and petrochemicals.
Over a period of 10 years, Norway’s investment in carbon capture and storage amounts to half-month of its exports. Although expensive, the investments in CCS pale in comparison with the economic, environmental and human risks we all would be facing if we choose to do nothing about reducing our carbon footprint. Norway has taken the lead. We hope the world will follow.
A range of exciting new investment prospects were identified in sectors such as port logistics, carbon capture & storage, new energy, and innovative chemical sectors. Specific proposals for land assembly, infrastructure and joint venture delivery have formed the core of the Tees Valley Industrial Programme.
From Betamax players to the Sinclair C5 history is littered with the trailblazing innovations that stalled in the market. Alongside a commitment of £600m investment in low emission vehicles the UK Government announced plans to ban the sale of new diesel and petrol cars by 2040. This market intervention aims to encourage people to buy low emission or electric vehicles.
Will the range, adaptability, and refuelling time put hydrogen fuel cells ahead of electric cars? Or will a lack of infrastructure mean hydrogen-powered cars are a non-starter?
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