Abstract
About the project: The Centre for Energy Policy (CEP), in partnership with the Scottish Government, Storegga, and OEUK, is updating its economy-wide scenario simulations to reflect the latest developments across the UK’s Track 1 and Track 2 CCUS clusters.
Building on our earlier Scotland’s Net Zero Infrastructure (SNZI) research, CEP has developed a peer-reviewed economy-wide scenario simulation framework to analyse the wider economic outcomes of a nascent CO2 Transport and Storage (T&S) sector.
The framework explores how a UK T&S sector – emerging via Acorn T&S as part of the regional cluster approach to industrial decarbonisation – could shape GDP, employment, public revenues, and competitiveness across the whole economy. Our results highlight both the opportunities and risks associated with T&S development, and the policy and industry actions needed to secure lasting benefits.
Building on our earlier Scotland’s Net Zero Infrastructure (SNZI) research, CEP has developed a peer-reviewed economy-wide scenario simulation framework to analyse the wider economic outcomes of a nascent CO2 Transport and Storage (T&S) sector.
The framework explores how a UK T&S sector – emerging via Acorn T&S as part of the regional cluster approach to industrial decarbonisation – could shape GDP, employment, public revenues, and competitiveness across the whole economy. Our results highlight both the opportunities and risks associated with T&S development, and the policy and industry actions needed to secure lasting benefits.
| Original language | English |
|---|---|
| Place of Publication | Glasgow |
| Publisher | University of Strathclyde |
| Number of pages | 8 |
| Publication status | Published - 13 Nov 2025 |
Keywords
- CO2 transport and storage
- industrial decarbonisation
- energy policy
