The REA is delighted that the consultation into a
transitional support mechanism for large-scale biomass
electricity generators has launched today.
Power bioenergy carbon capture and storage (Power BECCS)
has the potential to deliver a significant volume of carbon
removals that is critical to our net zero ambitions.
Government will need to consider how to ensure similar
arrangements are brought forward for bioenergy generators at all
sizes.
The proposed transitional arrangements will also support
the UK’s energy security.
The REA (Association for Renewable Energy and Clean Technology)
has welcomed today’s news that Government will launch a consultation into
transitional support mechanism for large-scale biomass
electricity generators.
Government is seeking views on the transitional support
arrangements in principle, and how any such potential support
might be designed, and have published an impact
assessment alongside the consultation.
BECCS is a critical technology for meeting our Net Zero targets,
and the UK’s biomass power sector is exceptionally placed to
deliver BECCS at scale.
Frank Gordon, Director of Policy at the REA (Association
for Renewable Energy and Clean Technology) said:
“We welcome today’s consultation on transitional arrangements
for large-scale biomass generators. The UK’s biomass power sector
is exceptionally placed to deliver BECCS at scale, while also
being regulated through existing stringent sustainability
governance arrangements. The technology for BECCS is ready to go
at a wide range of scales but, like all infrastructure projects,
it takes time to secure final investment decisions and be built.
Ensuring that these existing low carbon generation stations have
a clear market signal beyond 2027 is essential for the timely and
cost-effective delivery of BECCS, a critical technology for
meeting our Net Zero targets. Given this importance, Government
will need to consider how to ensure similar arrangements are
brought forward for bioenergy generators at all sizes who also
provide low carbon power and important environmental services.
This will provide confidence to the market and will deliver real
returns, including reducing the cost of investment, help build
supply chains, deliver thousands of jobs, and further extend the
UK’s world leading expertise.”