CO2 transport and storage enforcement guidelines and penalty policy statement
Guidance
- Publication date
- Industry sector
- Generation and Wholesale Market
As part of Ofgem’s duty to regulate the way in which businesses in the carbon capture, usage and storage sector (CCUS) behave, it is important that we can act swiftly and decisively to put things right if businesses fail to meet their obligations, 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 is 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 the carbon capture, usage and storage sector.
The CO2 Transport and Storage Enforcement Guidelines and Penalty Policy Statement describe how we may use our enforcement powers in situation relating to breaches and infringements under the Energy Act 2023, how our decision-making process works and how contraventions will be addressed.
The aim of these guidelines and Penalty Policy Statement 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 work.
Find the decision on Ofgem's proposed enforcement approach regarding CO2 transport and storage licensees here.