Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, how much funding his Department has allocated to the Track 2 Carbon Capture Usage and Storage clusters.
The Government launched Track-2 of the CCUS Cluster Sequencing Process in March to identify two additional clusters, contributing to the Government's ambition to capture 20-30 million tonnes CO2 per year across the economy by 2030.
The Government has supported industrial clusters (including potential Track 2 clusters) since 2019 to develop their Front End and Engineering Design (FEED) studies for the deployment of CCUS and other decarbonisation infrastructure, by providing £171 million of funding via the UKRI-led Industrial Decarbonisation Challenge (IDC).
On 15 March 2023, my Rt. Hon. Friend Mr Chancellor of the Exchequer announced an unprecedented £20 billion investment in the early development of CCUS to help meet the Government’s climate commitments. This funding is not currently allocated to specific projects or tracks.