The Minister of State, Department for Energy Security and Net Zero (Lord Whitehead) (Lab)

My Lords, these technical regulations were laid before the As set out in the Energy Act 2023, carbon storage licensees are responsible for complying with various obligations, including the reporting of information and samples obtained through the conduct of licensee authorities to the NSTA. We believe that the wealth of data that carbon storage licensees gather during exploration or storage activities is a national resource and its publication will accelerate the deployment of CCS in the UK. That is why we introduced the Oil and Gas Authority (Carbon Storage) (Retention of Information and Samples) Regulations 2025, which came into force in May 2025. These regulations specify the types of information and samples that carbon storage licensees must retain and the periods for which they must retain them. The regulations we debate today set out when the NSTA can publicly disclose carbon storage information and samples provided to it by carbon storage licensees, and which types of information and samples may be disclosed. They also amend when the NSTA can publicly disclose information on the drilling or operation of wells under offshore petroleum licences. The timeframe for this was set out in the Oil and Gas Authority (Offshore Petroleum) (Disclosure of Protected Material after Specified Periods) Regulations 2018—try saying that in one breath—and this amendment to the 2018 regulations will bring the NSTA disclosure powers across CCUS and offshore petroleum into alignment. Information and samples play a very significant role in the UK carbon dioxide storage industry, and access to high-quality data for the NSTA, industry, academia and the public will enable efficient use of the UK’s storage potential. The carbon storage information and samples published will support sharing of knowledge and lessons learned, including best practices and innovation, ultimately leading to cost reductions and advancement of the sector. This includes accelerating the North Sea energy transition. The NSTA helps drive this transition by realising the significant potential of the UK continental shelf as a critical energy and carbon-abatement resource. These regulations will further provide opportunities for the industries based offshore, with the very significant potential that exists for storing carbon dioxide in depleted oil and gas fields and other geological formations in the UK continental shelf. The NSTA has consulted on both the carbon storage and offshore petroleum aspects of these regulations. The consultation on the amendment of well data confidentiality closed in September 2022 and a response was published in February 2023. The consultation on the proposed regulations for the disclosure of carbon storage information and samples closed in April 2024. That consultation will ensure that the regulations are effectively introduced. A response was published in October 2025. This means that the feedback received from those consultations was positive and has been carefully considered in shaping these regulations to ensure that they reflect industry needs and best practice. CCS is not optional; it is essential for Britain’s energy security and industrial competitiveness, and for our clean-power future. These regulations may be technical, but their impact is profound. They unlock a wealth of data that will accelerate deployment, drive innovation and maximise the UK’s carbon storage potential. This is about making Britain a clean energy superpower, safeguarding jobs, securing investment and delivering net zero in a way that strengthens our economy. I urge the Committee to approve these regulations without delay. The regulations reflect extensive consultation and positive engagement with industry and stakeholders. They are practical, robust and future-focused, designed to ensure that the UK remains at the forefront of clean energy technology. This is about more than disclosure; it is about delivering on our net-zero commitments, safeguarding energy security and creating opportunities for growth and jobs in the industries of tomorrow. I beg to move.