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How are startups supporting UK carbon capture goals?

carbon capture UK startups
Image credit: Svet foto / Shutterstock

In October, the government announced new goals to achieve between 20 and 30 million tonnes of captured and stored carbon dioxide a year – the equivalent of taking four and six million cars off the road each year from 2030.

Some see carbon capture as a crucial component of the UK’s net zero target. But right now, it is a relatively small market, with most estimates putting it at around $3bn globally in 2023.

Carbon capture, utilisation and storage (CCUS) is a three-stage process. It involves capturing carbon dioxide produced by industrial activity or power generation, and then either compressing it into a liquid state and transporting it for further use, or storing it permanently at least 1km underground via geological injections into porous rocks....