This submission is based on ETI analysis of projects we have commissioned and also on rigorous whole-system analysis informed by our public and private sector members and our portfolio of technology development and knowledge building projects.
In summary, the ETI maintains its strong belief that CCS can bring long term benefit to the UK and potential investors, and that with the correct design a first commercial gas power with CCS scheme can provide affordable, reliable low carbon power. This needs long term commitments from both public and private sectors – each side needs to take on the risks that it can manage, and early commitment by private sector investors will need similar commitments from the public sector though a genuine partnership approach.
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