Consultation on CO2 Transport and Storage Enforcement Guidelines and Penalty Policy
Consultation
- Upcoming
- Open
- Closed (awaiting decision)
- Closed (with decision)
- Publication date
- Closed date
- Industry sector
- Generation and Wholesale Market
- Carbon capture and storage
- Decision
As part of Ofgem’s duty to regulate the way in which businesses in the carbon capture and storage sector behave, it is important that we can act swiftly and decisively to put things right if businesses fail to meet their duties, including where they demonstrate poor behaviours or conduct. By doing so, Ofgem can send strong deterrent messages to all the relevant businesses operating in the sector.
Under the Energy Act 2023, Ofgem will be responsible for regulating the transportation and storage networks of carbon dioxide in the UK, and these networks will be part of the infrastructure needed for Carbon Capture, Usage and Storage (CCUS).
The aim of Ofgem’s draft CO2 Transport and Storage Enforcement Guidelines and Penalty Policy is to provide greater clarity, consistency and transparency to our enforcement policies and processes, and to describe the framework we have in place to maximise the impact and efficiency of our CCUS enforcement work.
We are seeking views on the proposals set out in the consultation document below from CO2 Transport and Storage network companies, network users any other parties with an interest in our CCUS enforcement work. The responses will help us to ensure that our enforcement processes are clear, consistent and relevant.
Please send your responses to the Enforcement Team at CCUSconsultation@ofgem.gov.uk by 3 July 2024.
Once the consultation is closed, we will consider the responses carefully. Please note that any non-confidential responses to the consultation may be published on our website – for further information on data and confidentiality, please refer to the consultation document.
Please note that both the proposed CO2 Transport and Storage Enforcement Guidelines and Penalty Policy, are draft documents issued for the purposes of this consultation.
Respond name
Alexandra Brown