UK launches public consultation on BECCS business model

In the UK, the Department for Business, Energy & Industrial Strategy has launched a public consultation seeking views to set out the government’s preferred position for a business model to support the deployment of First of a Kind (FOAK) power BECCS project(s). It is seeking views on its early proposals including the main design elements of the business model across electricity generation, payment terms, carbon capture and biomass sustainability and negative emissions requirements.

They are seeking views from anyone with an interest, including:

·      prospective power BECCS projects

·      investors

·      non-governmental organisations

·      academics

The deadline to submit comments is October 7.