Country:United Kingdom
Policy status:Ended
Date Effective:2005
Policy Type:Research, Development and Deployment (RD&D)>Demonstration project, Research, Development and Deployment (RD&D), Policy Support, Economic Instruments>Fiscal/financial incentives
Policy Target:Carbon Capture Storage
Agency:Department of Energy and Climate Change (DECC)
Funding:GBP 40 million
Description:On 14 June 2005, UK government launched a GBP 40 million packing of funding for investment and research in low-emissions technologies. Focused on the research of carbon capture and storage (CCS) in depleted undersea oil reserves and during fuel combustion, the Carbon Abatement Technology Stategy will receive GBP 25 million of the total funds. The CCS grant will fund the development of demonstration plants to either capture carbon after combustion or to decarbonize fuels before they are fed into electricity generators. The Strategy also studies methods to improve the general energy efficiency of fossil fuel-burning power plants. As of November 2008, the Strategy was being reviewed, with the aim of a new CCS Strategy being published in Summer 2009.

Last modified: Tue, 17 Jul 2012 12:22:18 CEST