Carbon Networks Phase 2
Abstract
The UK Government has identified Carbon Capture, Utilisation and Storage (CCUS) as a critical enabler of industrial decarbonisation, committing £20 billion to early deployment and targeting 20-30 MtCO₂ stored annually by 2030. Much of the UK’s industrial emissions are geographically concentrated, opening the door to targeted CCUS clusters that can deliver outsized impact. GDNs are well positioned to play a meaningful role in this emerging ecosystem.
In Carbon Networks Phase 1, Blunomy assessed the strategic fit between CCUS and the GDN business model. The study identified a range of potential roles, including local CO₂ collection, participation in transport and storage networks, and support for blue hydrogen and CO₂ utilisation initiatives – and it highlighted the importance of early positioning to shape regulatory and commercial pathways.
Phase 2 aims to build on this foundation and move from conceptual framing to actionable insight. Blunomy in the next stage will explore specific industrial opportunities within SGN’s and WWU’s footprint, engage with project developers and clusters, and outline potential pilot activities. Alongside this, the work will assess how CCUS participation aligns with SGN’s broader priorities, and the implications for regulatory engagement and investment planning.