ClickGreen
reports
The developers of
Europe's leading capture capture [sic] and
storage project have warned they are being forced to shut down operations after
the UK Government refused to provide vital backing.
Do we know what vital
backing may be? I think we do.
In July, the 650MW
scheme in South Yorkshire topped the list of European CCS programmes competing
for an estimated €337 million share of the €1.3 billion funding pot available
in the EU's NER300 allowances.
The UK had four
projects on the list but each required co-funding commitments from the UK. The pioneering Don
Valley CCS project failed to win Government support despite working towards creating
Europe's first industrial-scale carbon capture installation.
However, all is not lost – we still have four bidders.
But yesterday, DECC
refused to support 2Co Energy, operators of the Don Valley CCS project, and
selected four other bidders to be shortlisted for the next phase of its £1bn
CCS comppetition. [sic].
Here is one of those four bids (my emphasis in bold).
Captain Clean Energy
Project: A proposal for a new 570MW, fully abated coal Integrated Gasification
Combined Cycle (pre-combustion) project in Grangemouth, Scotland with storage in offshore depleted gas
fields. Led by Summit Power, involving Petrofac (CO2 Deepstore), National
Grid and Siemens
Carbon capture and storage (CCS) has always offered oil
companies the tempting possibility of earning money from their depleted gas
fields by using them for CO2 storage in these crazy CCS schemes. No wonder Big
Oil is not necessarily opposed to climate games, nor particularly interested in
pointing out how insane they are.
4 comments:
But what happens when the real budget etc. crunch comes and we cannot afford any of this?
Demetrius - I don't think we can afford it now - it's insane.
We're seeing insanity increasingly of late in so many ways.
James - we are and rational argument does not seem to stem the tide.
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