Under the patronage of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, President of the United Arab Emirates
تحت رعاية صاحب السمو الشيخ محمد بن زايد آل نهيان، رئيس دولة الامارات العربية المتحدة
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Director, Carbon Capture, Utilisation and Storage
UK Department for Energy Security and Net Zero (DESNZ)
Alex Milward joined the Civil Service in 2021 after nearly thirty years working in the private sector specialising in leading large scale multi-year programmes within the energy sector focused on organisation transformation, operational improvement, commercial innovation and supply chain. Alex’s experience spans working for large international Oil & Gas companies, as well as water, gas, and electricity utilities. Alex is co-leading the UK’s Carbon Capture, Utilisation and Storage Programme within DESNZ. This involves setting the policy, legislative, regulatory and funding frameworks to launch a new carbon capture UK industry in collaboration with the private sector to provide low carbon power to the electricity grid, decarbonised operations for industries such as chemicals, cement, refining, and waste as well as enable the production of blue hydrogen and introduction of engineered negative emissions such as BECCS and DACCS.
The range of carbon emissions reduction technologies is broad – from retrofits for existing compressors to vapour recovery units, carbon capture units and more cost-efficient wind turbines. Their economic viability can be often challenged. Upfront costs can be high, and businesses and investors are understandably cautious about technologies unproven at scale. Additionally, the absence of robust carbon pricing or tax breaks can make clean technologies less competitive. The energy industry, government, technology innovators and academia must work together to incentivise the financing needed to scale the technologies that will deliver the new energy system.
Attendee insights:
This session will explore how carbon reduction technologies can be made more commercially viable, accelerating the clean energy transition.
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