Threads / Power BECCS Business Model / An overarching delivery plan for the decarbonisation of pow…
Committee Material Published 28 Apr 2023 ↗ View on Parliament

An overarching delivery plan for the decarbonisation of power, with clear milestones and contingencies, will help the Government bring a complex set of interrelated tasks together. At the moment, decisions are taken on specific technologies or issues in silos without a roadmap for the whole system. This has led to sequencing problems and a failure to take ownership of whole system costs. This was illustrated by National Grid ESO confirming significant constraint payments, largely stemming fro...

An overarching delivery plan for the decarbonisation of power, with clear milestones and contingencies, will help the Government bring a complex set of interrelated tasks together. At the moment, decisions are taken on specific technologies or issues in silos without a roadmap for the whole system. This has led to sequencing problems and a failure to take ownership of whole system costs. This was illustrated by National Grid ESO confirming significant constraint payments, largely stemming from a failure to upgrade the transmission grid between Scotland and England. A comprehensive plan will give investors more confidence to deploy new, low-ca Type: conclusion | Number: 3 | Paragraph: 28 | Response status: under_consideration Government response: 8. [Response provided by HMT] The UK will take a different approach and not engage in a distortive subsidy race. HM Treasury will continue to monitor the impact on the UK, and its response will be on an ongoing basis, as is appropriate, concl