Carbon Capture and Storage

(asked on 3rd December 2015) - View Source

Question

To ask the Secretary of State for Energy and Climate Change, what assessment she made of the value for money of carbon capture and storage before the Government's carbon capture and storage competition was suspended; and how much from the public purse had been spent on that competition at the time of suspension.


Answered by
Andrea Leadsom Portrait
Andrea Leadsom
This question was answered on 14th December 2015

The provision of ring-fenced capital support for CCS was judged against other Government funding priorities as part of the Spending Review. My department has paid £78.6m between 2011/12 and November 2015 on the CCS Competition including the investment in Front End Engineering and Design (approximately £60 million), independent professional technical, legal, financial and commercial advice and civil service staff.


The Government continues to view CCS as having a potential role in the long-term decarbonisation of the UK’s power and industrial sectors, and considers that the investment to date remains value for money to the UK.


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