On the 30th of March, the UK government announced its new security energy plan, with measures implemented to release funding to several projects in order to achieve the national net-zero targets.
The primary action adopted involved CCUS (Carbon Caption, Use and Storage) projects. In the previous weeks, the government announced the allocation of £20B over the next 20 years to CCUS projects.
The following CCUS projects from the East Cost Cluster and the Hynet cluster have been selected during this round (both clusters were already selected by the government as Track-1 back in November 2021):
- Net Zero Teesside Power
- Teesside Hydrogen CO2 Capture
- Hanson Padeswood Cement Works CCS Project
- Viridor Runcorn Industrial CCS
- Protos Energy Recovery Facility
- Buxton Lime Net Zero
- HyNet Hydrogen Production Plant 1 (HPP1)
A notable exclusion from this list is the Humber cluster (VPI Immingham, Philip 66, DRAX BECCS, Keadby 3, Scunthorpe steelworks and Equinor Saltend).
However, according to the government, an additional process should be put in place later this year to include more projects by 2030, with the Humber specifically mentioned.
Acorn and Viking CCS projects were also not part of this selection round, although they have been described as “leading contenders” for the next phase (Track-2).
In addition to CCUS, the government has also allocated funding to 20 hydrogen projects.
Here is the complete list.
Additional funding was also secured by nuclear, wind and solar farm projects.
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