Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what the total cost of the Government's Carbon Capture and Storage programme is to 2030; and what the funding allocation is to each of the two successful bidders from the Track one process.

Carbon capture, utilisation and storage (CCUS) clusters will have the opportunity to negotiate for capital support from the £1bn CCS Infrastructure Fund, as well as from the twin-track £240m Net Zero Hydrogen Fund. In addition, further capital support may be brought forward in future spending review period, based on government’s assessment of need and value for money to the taxpayer.

No funding allocation has yet been decided on track 1 cluster. Track-1 clusters will now enter a process of negotiations and further due diligence, where the government will confirm where it is appropriate to provide financial support, and the level of support required to facilitate cluster deployment by the mid-2020s.