Question
To ask the Secretary of State for Energy and Climate Change, what recent steps she has taken to support carbon capture and storage technology to achieve commercial deployment; and if she will make a statement.
Carbon Capture and Storage (CCS) play an important role in meeting our 2050 emissions reduction target.
The CCS Commercialisation Programme could provide capital and operating support for up to two commercial scale projects, subject to value for money. As part of our support for CCS, we are investing up to £100 million to support detailed engineering studies at the proposed Peterhead and White Rose CCS projects to enable Final Investment Decisions.
Together with the Scottish Government we have committed, in principle, to provide £4.2 million to support Summit Power to undertake industrial research and development at their proposed CCS Caledonia Clean Energy Plant in Grangemouth, Scotland.
We have also invested over £130 million since 2011 to support research and development and innovation to foster the next generation of CCS technologies.