- Close collaboration and partnership with industry to ensure that the sector becomes a driver of change and contributes to shaping the next decades.
- A plan for the future that recognises the significant contribution of the bulk storage and energy infrastructure sector and its innovative capabilities.
- Funding stream, permitting and procurement procedures that facilitate the participation of bulk storage and energy infrastructure operators.
- Consider storage as a Net Zero technology/strategic sector to ensure that the energy transition advances in parallel with required changes in the sector.
- Explore how stockpiling obligations should change in light of geopolitical and transition developments for enhanced strategic storage and explore the expansion of obligations to future energy carriers.
- Review the application methodology for future phases of the Industrial Energy Transformation Fund (IETF) to highlight the importance of infrastructure, including terminals and tank farms, in enabling Net Zero policy decisions.
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The Tank Storage Association has launched its 2024 industry manifesto. The document sets out six steps that the UK government in the next parliament could take to help secure a responsive, flexible, robust, and resilient bulk storage and energy infrastructure sector today and in the journey towards carbon neutrality.
The key manifesto priorities are:
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