Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, if he will make a comparative assessment of the Government making (a) fixed payments to operators of Bioenergy with carbon capture and storage based on how much CO2 is removed from the atmosphere and (b) through using carbon pricing in helping to incentivise carbon capture and storage by Bioenergy producers.

The Government assessed and consulted in August 2022 on options for the business model to deploy power Bioenergy Carbon Capture and Storage (‘BECCS’). A response was published in March 2023. The preferred approach for the business model was confirmed as being the ‘Dual CfD’, consisting of a ‘CfDe’ which values the electricity generated and a ‘CfDc’ which values the carbon stored and associated negative emissions. The UK ETS Authority has announced its intention to include engineered removals in the UK ETS, to incentivise investment and support deployment of these technologies. These technologies could include those within scope of the power BECCS business model. The Authority aims to carry out a further consultation in 2023.