Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what discussions he has had with Cabinet colleagues attending the UK-EU summit on 19 May 2025 on access to a cross-border carbon storage market.
As part of the EU Reset we are working with the EU to identify areas to strengthen cooperation for mutual benefit including on energy. We are aligned with the EU ambition to support industry to deploy CCUS at scale and we both see CCUS as essential to meeting our respective net zero emissions.
We see a strong opportunity to collaborate with the EU on CCUS; our global early mover status, comparative regulatory regimes such as similar CO2 storage licensing and safety standards and our extensive offshore experience mean we can be a valuable partner to the EU. This includes establishing cross-border CO2 transport and storage networks across the continent.