Posted on: 04/12/2018
Energy Minister Claire Perry has claimed that the UK’s first carbon capture, utilisation and storage (CCUS) project could be up and running by the mid-2020s.
Speaking at a gathering of 50 international leaders, Perry said the technology could then be rolled-out at scale during the 2030s.
The Department for Business, Energy & Industrial Strategy (BEIS) will lay out detailed plans next year.
An initial £20 million will be invested in supporting the construction of CCUS infrastructure at industrial sites as part of a wider £45m investment in innovation.
Up to £315m of cash
A further £315m is available for decarbonising the economy, including CCUS.
In a separate announcement, BEIS is also investing £175,000 in Project Acorn at St Fergus in Aberdeenshire, which will investigate how to transport carbon dioxide gas from where it is captured to where it can be stored.
Perry said: “The UK is setting a world-leading ambition for developing and deploying carbon capture and storage technology to cut emissions.”