UK must provide more clarity on CCUS
Potential projects need more precise information on timing and finance if they are to progress, say MPs and industry experts
The UK government must ensure that CCUS projects not selected for its first round of funding have a clear timeline for development to ensure partner companies do not drop out, according to MPs and industry figures. Last year, the UK selected the Hynet and East Coast clusters for ‘track one’ CCS funding—meaning they will receive support to become operational in the 2025–30 period. The Acorn project in Scotland was selected as a reserve cluster. The UK's ambition is to capture and store 20–30mn t/yr of CO₂ by 2030. The country has £1bn ($1.23bn) of funding to mobilise for CCUS and envisions two further ‘track two’ projects to become operational by 2030—although these have not been selected. Bu
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