Power BECCS Business Model Consultation

This consultation is seeking views on the governments minded-to position for a business model to incentivise deployment of first of a kind ('FOAK') power bioenergy and carbon capture and storage ('power BECCS') within the UK. We are seeking views from all interested parties, including prospective power BECCS projects, investors, non-governmental organisations and academics. This consultation is seeking views on the design of a business model to attract private investment and enable FOAK power BECCS projects to deploy at scale. The Net Zero Strategy committed to developing markets and incentives for Greenhouse Gas Removal technologies, such as power BECCS, to overcome critical barriers to investment and support the growth of this industry over the coming decade. Power BECCS will play an important role in reaching net zero – balancing residual emissions from hard-to-decarbonise sectors while providing new economic o