News

CCS competition frontrunners announced

The government has today published a list of all interested parties intending to apply to the UK’s new carbon capture storage (CCS) competition.

The CCS Commercialisation Programme offers £1bn funding to the winning entry in a bid to accelerate the development of commercial scale CCS.

The deadline for entries is 03 July and today’s list from the Department of Energy and Climate Change (DECC) shows 16 companies who have indicated that they will lead bids. DECC added that the publication of the list would hopefully encourage collaboration from other companies and stimulate interest in the fledgling technology.

A DECC spokesman said: “This high level of interest proves that the UK is back on track with CCS. From the outset, we are working through collaboration with industry to ensure we make CCS a reality and importantly create the maximum return for what is one of the best offers anywhere in the world.”

The 16 registered bidders are: Air Liquide, Alstom, Centrica, Costain Energy & Process, CO2 Deepstore, Doosan Power Projects, National Grid, Peel Energy, Progressive Energy, Portland Gas Storage, SEQ, Shell, SSE, SSI, Summit Power and 2Co.