Carbon Capture, Usage and Storage: Finance

(asked on 13th July 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, when he plans to allocate the £20 billion of funding announced in the Spring Budget 2023 for early deployment of Carbon Capture, Usage and Storage.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 18th July 2023

The Government has commenced negotiations with Track 1 CCUS projects and networks. Initial funding will be allocated once these negotiations and necessary associated scrutiny have completed.

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