£4.2m for CCS research at Grangemouth
Source: Uk Gov
UK and Scottish Governments will provide £4.2 million for industrial research and feasibility work for a proposed full–chain 570 MW Carbon-Capture-Storage (CCS) coal-gasification power station located in Grangemouth, Scotland. £1.7 million from Department of Energy and Climate Change (DECC) and £2.5 million from the Scottish Government will allow Seattle-based Summit Power Group to undertake substantial industrial research and feasibility studies with the ultimate objective of designing, siting, financing, and building their proposed Caledonia Clean Energy Project.
Ed Davey, Secretary of State for Energy and Climate Change, said: “Carbon Capture and Storage could be crucial in helping us meet our ambitious climate change goals. The UK is one of the world’s frontrunners in this sector and the UK Government is leading Europe with its support of the two competition projects at Peterhead in Scotland and White Rose in Yorkshire. “Developing CCS more widely is vital if it is to become a cost-competitive technology, and I’m excited at the prospect of Grangemouth contributing to the UK’s low carbon future.”