03 Apr '12, 9am

Carbon Capture and Storage competition launched as government sets out long term plans #CCS

Energy and Climate Change Secretary Edward Davey today launched a new competition for Carbon Capture and Storage (CCS), a key technology in the Government’s drive to ensure our future energy security and reduce emissions. The Department of Energy and Climate Change also published today the first UK CCS Roadmap. This sets out the steps that the Government is taking to develop a new world-leading CCS industry in the 2020s, including: the competition, the ‘CCS Commercialisation Programme’, to drive down costs by supporting practical experience in the design, construction and operation of commercial scale CCS with £1bn capital funding, and additional support, subject to affordability, through low carbon Contracts for Difference; £125m funding for Research and Development, including a new £13m UK CCS Research Centre; planned long term Contracts for Difference through Electricit...

Full article: http://www.decc.gov.uk/en/content/cms/news/pn12_040/pn12_...

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