Excellent response to EU funding call for CCS and innovative renewables
- Published on Thursday, 17 February 2011 12:25
- Posted by Scott Buckler
An impressive total of 14 UK projects have applied for funding from the EU’s New Entrant Reserve (NER) scheme – a fund worth between EUR4.5 billion and EUR9 billion to support carbon capture and storage (CCS)......and innovative renewable projects across the European Union.
Energy Minister Charles Hendry said:
“The strong level of interest received for CCS projects in particular is heartening – it shows that UK industry is keen to move forward in the development of CCS and confirms the lead that the UK is taking in this critical technology.
“The commitment this Government has shown for CCS is world-leading and it is encouraging to see that UK industry matches this ambition. Cleaner fossil fuel technologies present a huge opportunity for the UK and could potentially support up to 100,000 jobs in the country by 2030.”
The Energy Minister also noted the strong interest in marine energy technologies.
Of the 14 applications received, nine were for CCS projects and five for innovative renewables.
Of the nine CCS applications:
* three are based in Scotland, six in England – with four in the Humber and two in the Teeside regions;
* seven are to capture CO2 from coal-fired power stations and two are to capture the emissions from gas-fired plants;
* two are retrofits to existing power stations, and the other seven are new power plants providing vital additional energy supply capacity; and
* five are for pre-combustion technology, three for post-combustion and one is for Oxyfuel.
Of the five innovative renewable applications:
* three are tidal stream projects based in Scotland;
* one is a wave project based in Scotland; and
* one is an offshore wind project based in the North East of England.
The Government has until 9 May this year to assess the applications against the NER and UK criteria and decide which to put forward to the European Investment Bank for further consideration.
Given the significant progress expected on CCS in 2011 the Government has decided to publish the CCS Roadmap in the Autumn rather than the Spring as originally planned. This is to ensure that we capture all the lessons learnt from: the Electricity Market Reform consultation, completing the Front End Engineering Design studies for the first demonstration project, finalising our approach to three further demonstrations, as well as assessing the nine projects applying for NER funding.