19 Oct '11, 2pm

£1bn made available for new CCS projects as decision announced not to proceed with Longannet,

The Government today announced the next steps on the Carbon Capture and Storage (CCS) demonstration programme, after the conclusion of negotiations for a CCS demonstration project at Longannet in Scotland. A decision has been made not to proceed with Longannet but to pursue other projects with the £1 billion pounds funding made available by the Government. The decision balances the UK’s low carbon ambition with the need to ensure taxpayer’s money is invested in the most effective way. £1bn will be available for a new process and we are expecting a number of promising bids from both Scotland and England. Chris Huhne, Secretary of State for Energy and Climate Change said: “CCS is a key technology for the UK’s long term energy strategy. “A billion pounds is enough to demonstrate this vital new technology in the UK, but it’s got to be spent in the most effective way. ‪“Despite...

Full article: http://www.decc.gov.uk/en/content/cms/news/pn_1184/pn_118...

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