New analysis spurs innovation of CCS technology
The Government has introduced new analysis to examine the potential for innovation of low carbon technologies, while assessing their economic benefits to the UK.
The analysis reports, called the Technology Innovation Needs Assessments (TINAs), look at technologies in the Carbon Capture and Storage (CCS) sector, as well as marine energy, electricity networks and storage.
The reports will help inform the prioritisation of public and private sector investment to ensure these technologies reach their full potential.
Work on the analysis has been carried out by the Low Carbon Innovation Coordination Group (LCICG), which is made up of different bodies including the Department of Energy and Climate Change (DECC), the Carbon Trust, and other organisations with significant low carbon innovation interests.
Energy and Climate Change Minister Greg Barker said: "Innovation is key to the growth of the low carbon economy here in the UK. This new analysis will help us better understand the value of these technologies to our growing green economy as well as the barriers to commercialisation, helping us put our available investment in the right place to spur on further innovation."
The findings taken from the TINAs will be used to underpin the design and focus of DECC's and other LCICG's members' programmes and activities in these technology areas.
The first TINA on offshore wind was published in February 2012. TINAs for other technology areas, including bioenergy, idustrial energy efficiency, heat, domestic buildings, nuclear fission and hydrogen, are expected to be published over the next few months.