Jeremy Hunt has been urged to heed the "failure" of last year’s Contracts for Difference offshore wind auction and ensure government support for carbon capture and storage (CCS) projects contains sufficient leeway to absorb inflation costs. In a letter to the chancellor of the exchequer, published ahead of Wednesday’s Budget, a trio of industry bodies have called for the government to accelerate the issuing of final investment decisions for the projects and clusters identified in Track 1 of the government’s CCS programme.
Hunt urged to heed CfD lessons for carbon capture and storage
