Further announcements expected before Parliamentary recess with a final decision set for the Autumn
The UK’s £1bn carbon capture and storage (CCS) commercialisation competition closed at midday yesterday after “significant interest from industry”.
Around 15 companies are expected to be in the running for the funding, although the number of prospective bidders has shrunk slightly after Peel Energy last week pulled out of plans to build a new 1,852MW plant at Hunterston in Ayrshire.
“carbon capture and storage (CCS) commercialisation”?
What *commercial* interest would pay to have their carbon output ‘captured and stored’ if it wasn’t mandated by the political authorities?
This is not ‘commercialization’; this is tyrannical intimidation.