Funder

UK Research and Innovation (UKRI) Industrial Strategy Challenge Fund

Timeframe

March 2021 – February 2024

Overview

This £30m UK Government funded initiative, with industry match funding and linked to the Acorn carbon capture and storage (CCS) project, will bring together academic and industrial partners to develop a major package of work designed to progress a national low carbon infrastructure.

This important programme will provide a significant boost to the region’s fast-growing low carbon credentials, paving the way for onshore and offshore developments totalling in excess of £3 billion.

As the academic partner, the Centre for Energy Policy (CEP) will lead work around understanding the longer-term economic impacts and job preservation and creation opportunities as Scotland transitions away from oil and gas to low carbon fuels like hydrogen and CO2 removal technologies such as CCS.

The SNZI initiative compliments work that is already underway on Scotland’s Net Zero Roadmap project, which CEP is also contributing to.

Partners

Lead partner – Storegga, Other partners – SSE Thermal, National Grid, Petrofac, LNG9/GB-Tron and NECCUS 

Publications

• Boosting UK-wide value-added and employment without further demands on the public purse : the advantages of developing an export base for Scottish CO2 Transport and Storage, Karen Turner, Antonios Katris, Hannah Corbett, Julia Race, Abdoul Karim Zanhouo and Anas Karkoutli, February 2024
• A New Scottish CO2 Transport and Storage Sector : Supporting Decarbonisation, Jobs and Value across the UK Economy. University of Strathclyde, Karen Turner, Julia Race, Antonios Katris, Christian Calvillo, Abdoul Karim Zanhouo, Anas Karkoutli and Hannah Corbett. February 2024
• Developing and Export Base for Scottish CCUS : Maximising Returns on Investments and Costs to Public Budget, Karen Turner, Antonios Katris, Christian Calvillo, Hannah Corbett and Julia Race, June 2023
• The Potential Economic Value of Increasing Scottish CO2 Transport and Storage Capacity to Service Overseas Export Demand Karen Turner, Antonios Katris, Abdoul Karim Zanzhouo, Hannah Corbett and Julia Race, March 2023
• The evolution and wider economy outcomes of a UK CO2 transport and storage industry: the importance of labour requirements, electricity demand and transportation options Karen Turner, Antonios Katris, Oluwafisayo Alabi and Hannah Corbett, November 2022
• How do the characteristics of a new CO2 Transport and Storage industry compare to those of the current Oil and Gas sector? Understanding the implications for the economy-wide impacts of deploying Carbon Capture, Utilisation and Storage (CCUS) in Scotland and the wider UK economy Oluwafisayo Alabi, Antonios Katris, Karen Turner and Hannah Corbett, November 2022
• The relationship between a 'polluter pays' approach to carbon capture, regional policy and 'just transition' policy agendas, Karen Turner, Julia Race, Oluwafisayo Alabi, Christian Calvillo, Antonios Katris and Kim Swales, August 2022
• Policy trade-offs in introducing a CO2 transport and storage industry to service the UK's regional manufacturing clusters, Karen Turner, Julia Race, Oluwafisayo Alabi, Christian Calvillo, Antonios Katris and Kim Swales, August 2022
• Proposition for an additional input output multiplier metric to access the value contribution of regional cluster industries, Oluwafisayo Alabi, Karen Turner, Julia Race and Antonios Katris, June 2022
• Understanding the Wider Economy Impacts and Informing Policy around Net Zero Industry Development : Scotland's Net Zero Infrastructure Programme (SNZI) - Year 1 Progress Report,Karen Turner, Julia Race, Oluwafisayo Alabi,  and Antonios Katris August 2022
• The importance of building export capacity in a new Scottish CO2 Transport and Storage industry: alleviating domestic funding pressures and securing green growth and jobs transition, Karen Turner, Oluwafisayo Alabi, Antonios Katris, Christian Calvillo Munoz, Jamie Stewart and Julia Race, February 2022
• Could the Introduction of a New CO2 Transport and Storage Industry in Scotland Service Decarbonisation, 'Green Growth' and 'Just Transition' Agendas? Oluwafisayo Alabi, Antonios Katris, Karen Turner, Julia Race and Jamie Stewart, October 2021
• Could a new Scottish CO2 Transport and Storage Industry deliver employment multiplier and other wider economy benefits to the UK economy? Karen Turner, Julia Race, Oluwafisayo Alabi, Christian Calvillo, Antonios Katris, Jamie Stewart and Kim Swales, October 2021
• Investigating Wider Economy Impacts of Net Zero Industry Development – Scotland's Net Zero Infrastructure Project (SNZI)

Project funder

Children’s Investment Fund Foundation/Bellona Foundation

Project timeframe

August 2021 – April 2022

Overview

Countries across the world, including the UK, are grappling with how best to address the dual challenges of economic recovery and delivering a net zero transition by 2050 in an efficient, effective and coherent way.

This project will seek to close a crucial research and knowledge gap that exists around the role that net zero investments can play in supporting the Covid-19 economic recovery, thereby setting important foundations to underpin the transition to a prosperous, sustainable and more equitable net zero economy.

Focusing on the UK, it will explore how strategic investment, particularly in relation to the mix and timing of public and private finance, can be used effectively to accelerate the net zero transition whilst delivering positive societal and economic outcomes.

Publications

Investigating Wider Economy Impacts of Net Zero Industry Development – Scotland's Net Zero Infrastructure Project (SNZI)