Global warming and energy transition are the topical issues of the day, with the UK government setting a new target of ending its contribution to global warming by reaching net zero emissions by 2050 from 1990 levels.

Carbon capture, utilisation and storage (CCUS) is proposed as one of the six technology options that can be used to reduce net anthropogenic CO2 emissions to the atmosphere.

This presentation will discuss the main issues relating to CCS and touch upon the economics of this industry as well as address some commonly held misconceptions. The presentation will cover the following:

1. What is CCS technology and its role in the energy transition mix?

2. CCS history in the UK and the World

3. The cost of technology vs other options

4. Should we skip CCS and switch to renewables directly?

5. The economics behind CCS – Who should pay for it?

6. Challenges of CCS deployment and ways of enabling CCS

The Speaker

Dr Alfiya Wright is an economist with a doctorate in the Economics of Carbon Capture and Storage(CCS). Her research interests lie in Carbon Capture and Storage (CCS), energy economics and energy transition, and low carbon technologies. Alfiya has several years’ engineering and management experience working on different oil & gas projects. While working in the offshore oil and gas industry in Norway, she undertook a variety of projects for major companies, such as Siemens, Maersk, Statoil, and ConocoPhillips. She has also worked in a S&P 100 company as a marketing manager, and as a lecturer and course coordinator at the University of Aberdeen.

Alfiya’s day job is as a consultant for Pale Blue Dot Energy, the project developer of the Acorn CCS and Acorn Hydrogen projects. She is a personal development consultant and provides management consultancy services to organisations.

Outside her work, Alfiya is also the Business Development Director for the Kazakhstan PhD Association (www.kpauk.org), a non-profit interdisciplinary organisation of Kazakhstani PhD researchers in the UK, facilitating collaboration between scientists of the two countries.