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It was somewhat fitting to reflect on the UK's progress on CCS the day before Canada stepped into the limelight with the first ever commercial CCS project at a coal-fired power plant.

This was a great opportunity to get some of the brightest minds in the country who are working on CCS into the same room, and I'm sure our colleagues who travelled up for the event found it as exciting and inspiring as I did." To dispel any thoughts that the UK had lost momentum on CCS, Carol Thompson from Shell provided the group with an update on the Peterhead CCS Project, north of Aberdeen, which will see CCS technology retrofitted at a gas-fired power plant – potentially the first such project in the world.

The captured gas will be piped 100km offshore for storage in the depleted Goldeneye gas field, and learnings from the demonstration project could spur further developments worldwide.

We put our insurance clients’ requirements at the heart of what we do, whether that be the management of specialist asset class solutions or tackling some of the most complex balance sheet investment challenges.

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