The UK’s Department of Energy and Climate Change has announced the award of £20 million to 13 projects aiming to cut the costs of carbon capture and storage.
Businesses including Alstom, BOC, Drax, E.ON, Linde, National Grid and Progressive Energy are calling on the European Commission to delay a decision on carbon capture and storage funding.
There is more uncertainty afoot for the UK’s carbon capture sector following media reports that they may be out of the running for European Union funding.
The UK needs an investment of up to £330 billion by 2030 to secure supply and reach its carbon emissions reduction targets, according to a report from the London School of Economics and Political Science.
The renewables, nuclear and carbon capture and storage industries have joined forces to call on the UK government to instigate a binding 2030 decarbonisation target for the power sector.
2Co Energy has announced that it will not be taking forward plans for its 650 MW Don Valley carbon capture and storage development in Doncaster after failing to secure UK government backing.