Ed Davey, Minister for Energy & Climate Change, has confirmed this week that during the Easter recess, he will launch the CCS Commercialisation Programme – the Government’s competition for Carbon Capture & Storage – and publish a CCS Roadmap.
According to DECC, CCS has the potential to be one of the most cost effective technologies for decarbonisation of the UK’s power and industrial sectors, as well as a significant green growth opportunity. Launching the competition and publishing the CCS Roadmap will be a major step forward regarding the Government’s CCS agenda. The CCS Commercialisation Programme will, subject to State Aid clearance, support commercial scale CCS with £1bn in capital funding that has previously been made available.
DECC’s focus will be on reducing the cost of CCS to enable cost-competitive deployment in the 2020s. The Roadmap will set out the strategic context and describe the Government’s approach to enabling commercialisation of CCS in the UK, including the wider programme of Government interventions. The aim is to ensure that the UK continues to be a global leader on CCS.
A copy of the Roadmap will be laid in the House on publication.