UK “back on track with CCS”, says Government

At least 16 companies have shown their interest in the Government’s carbon capture and storage competition. The CCS programme hopes to support commercial scale CCS with £1bn in capital funding. […]

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By Tom Gibson

At least 16 companies have shown their interest in the Government’s carbon capture and storage competition. The CCS programme hopes to support commercial scale CCS with £1bn in capital funding.

DECC says it published the list to encourage “further discussion within the CCS industry to support collaboration between companies and any interested suppliers.”

A Department of Energy and Climate Change spokesman said: “This high level of interest proves that the UK is back on track with CCS. From the outset, we are working through collaboration with industry to ensure we make CCS a reality and importantly create the maximum return for what is one of the best offers anywhere in the world.”

The Government relaunched its competition to fund CCS projects last month after one failed last year.

The closing date for bids is 3 July. The Consortium lead bidders / registered bidders are:

Air Liquide; Alstom; Centrica; Costain Energy; CO2 Deepstore; Doosan Power Projects; National Grid; Peel Energy; Progressive Energy; Portland Gas Storage; SEQ; Shell; SSE; SSI; Summit Power; 2Co.