Revenue Support Agreement
The Revenue Support Agreement (RSA) is the mechanism to mitigate demand related revenue risks to Transport and Storage companies (T&SCo) who provide Carbon Capture Usage and Storage (CCUS) facilities with transport and storage services.
Revenue Support Agreement incentivises private sector investment into CCUS transport and storage services by providing mitigation against demand related revenue risks to Transport and Storage companies (T&SCo).
We have been advising government on the design and development of the Revenue Support Agreement since the early conceptual design stages in 2020.
We are considered as the potential counterparty to the Revenue Support Agreement subject to the successful completion of administrative and legislative arrangements.
Read more about the Revenue Support Agreement here: CCUS: update on the business model for transport and storage indicative heads of terms