10 May '11, 9am

DECC: Cutting-edge UK #energy projects in running for #EU funding worth around EUR4.5 billion, inc Alstom #CCS #cleantech

EU funding for up to three low carbon energy projects in the UK came a step closer today. The Government has submitted 12 applications from UK projects to the European Investment Bank (EIB) for consideration in the next round of the EU’s New Entrant Reserve (NER) scheme – a fund worth around EUR4.5 billion to support carbon capture and storage (CCS) and innovative renewable projects across the European Union. Up to three projects may be supported per Member State. Energy Minister Charles Hendry said: “I am very encouraged by the strength and breadth of the UK applications for this round of NER funding, with all the projects received by DECC meeting the eligibility criteria. “They demonstrate that the UK is at the cutting edge of low carbon energy development, ranging from CCS to wave, tidal and offshore wind. “Taking forward these sorts of technologies will be crucial to o...

Full article: http://www.decc.gov.uk/en/content/cms/news/pn11_39/pn11_3...

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