Energy Secretary Ed Davey is launching a £20 million competition to fund the development of innovations in Carbon Capture and Storage (CCS) technology, with bids being invited to develop better and cheaper CCS components and systems for pilot scale demonstration.
DECC are hoping that any new innovations can be incorporated into the UK supply chain to reduce the cost of future commercial CCS deployment in the UK. This new £20 million competition will complement the £1 billion the UK has already separately committed, to fund commercial scale CCS projects, under DECC’s CCS Commercialisation programme.
Carbon Capture and Storage (CCS) is seen as playing a key role in ensuring the UK develops a low carbon energy mix, with CCS becoming a new industry in the UK. The UK’s first carbon capture pilot, opened at Ferrybridge last year, with more than 20 UK based companies providing parts and services to the project.
The £20 million announced today (12 March 2012) is part of a four year, £125 million Government-led CCS research and development programme. The programme is being delivered by the Department of Energy and Climate Change, the Technology Strategy Board, the Energy Technologies Institute and the Research Councils.