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The Department of Energy and Climate Change (Decc) will back four UK carbon capture and storage (CCS) projects for EU funding.
The department has published guidance on applying for NER 300 funding from the European Commission.
Decc’s guidance will support the two preferred bidders – the Peterhead project, Aberdeen, and the White Rose project, Yorkshire – and the two reserve projects – Captain Clean Energy, Grangemouth, and the Teeside Low Carbon project – which were named during last month’s Budget.
The funding is available to projects across Europe that demonstrate the safe capture and storage of CO2 at commercial scale or innovative renewable technologies.
A Decc spokesman said: “Should the final two preferred bidders and reserve applicants in our competition wish to bid for EU NER 300 funding the government intends to support their application.
“We think these projects have significant potential to deliver early commercial-scale CCS in the UK.”
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