Kickstarting the carbon capture and storage industry with a state-backed company will deliver the clean electricity needed to meet climate targets more cheaply than Hinkley Point C, says government advisory group.
Guardian 12th Sept 2016 read more »
The economic benefits from carbon capture and storage far outweigh the costs of its development, ministers have been told, less than a year after a £1bn scheme to promote the technology was scrapped because of its high price. An independent report ordered by the government concluded that CCS, which involves intercepting emissions before they enter the atmosphere and storing the captured carbon, had an “absolutely central role” to play in tackling climate change. Ministers ordered the review after George Osborne, chancellor at the time, cancelled a competition last November in which two rival CCS projects, led by the energy companiesRoyal Dutch Shell and Drax, were vying for government backing.
FT 12th Sept 2016 read more »
The much-anticipated report – published today – on Carbon Capture and Storage (CCS) in the UK by the parliamentary advisory group led by Lord Oxburgh lays out a six-point plan for delivering CCS in the UK.
Scottish Energy News 12th Sept 2016 read more »