Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department will take to monitor delivery against the economic benefits proposed by carbon capture, usage and storage clusters in their Phase 1 applications.
Information in Phase 1 submissions has been used to identify those clusters to be sequenced onto Track-1 for deployment in the mid-2020s. This will be subject to negotiations to determine whether they represent value for money to the taxpayer and affordability considerations. Deviations from benefits presented in Phase 1 submissions will be considered within this process.
Any agreements to provide government support will require regular reporting on benefits by recipients and BEIS will ensure to follow best practice in government monitoring and evaluation requirements.