Department for Energy Security and Net Zero (DESNZ) has published a summary of responses to its consultation on the evolution of regulation to support offshore CO2 storage. This follows a call for evidence that ran between 6 August 2025 and 31 October 2025. The call for evidence drew responses from a broad range of stakeholders, including transport and storage companies, trade associations and industry bodies, and capture projects or prospective network users, and highlighted a strong view that CO2 storage will act as a natural monopoly in the early market because of high capital costs, geographic constraints and cross-chain risks. Respondents broadly saw the Regulated Asset Base (RAB) model as critical for early deployment, while agreeing that it should evolve as the market matures. They also noted that any move away from RAB would bring both opportunities and risks and should be carefully sequenced and grounded in evidence. Competition was seen as possible only over the longer term and likely to create value only in a mature market, while transitional government support, risk-sharing mechanisms and clear, predictable regulation were all viewed as necessary to build investor confidence, unlock investment and enable efficient financing. The government and Ofgem will use this evidence to guide future policy and regulatory decisions for offshore CO2 storage, while continuing to work closely with industry.