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.