<p>The CCUS Track-2 December 2023 Market Update set out government’s proposed Track-2 approach of an ‘anchor’ and ‘buildout’ phase and high-level timelines.</p><p> </p><p>Government has started initial engagement with the Acorn and Viking Transport and Storage systems. Further guidance on the process, the criteria applicable to any projects in such ‘anchor’ and ‘buildout’ phases and the respective roles of Government and the transport & storage systems will be provided in due course.</p>