HyNet: North West

(asked on 19th March 2024) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, with reference to the heads of terms agreement between her Department and Eni on the HyNet North West project, if she will publish the economic, regulatory and governance terms.


Answered by
Andrew Bowie Portrait
Andrew Bowie
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 26th March 2024

The Energy Act 2023 establishes an economic licensing requirement for carbon dioxide transport and storage. The Department published indicative Heads of Terms for the economic licence in December 2023. Ahead of granting an economic licence, the Secretary of State will give notice of her intent to do so in line with the requirements of the Act.

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