CCS community hails NER300 funding injection for White Rose Project
Leaders from the Carbon Capture and Storage (CCS) community have welcomed today’s announcement from the European Commission, that the UK based White Rose CCS Project will be awarded up to €300 million in funding as part of the second round of NER300.
Representatives from the Zero Emissions Platform (ZEP) and the Global CCS Institute, said the funding was crucial to ensure sustainable energy security in the UK, while providing Europe with a significant CCS demonstration project needed to drive innovation and maintain European competiveness.
Developed by Capture Power Limited, a consortium between Drax, Alstom and BOC, the proposed 426MW CCS power plant, located near Selby in North Yorkshire, will burn coal and meet the equivalent power needs of over 630,000 homes. Fully equipped with CCS technology from the outset, 90% of all the CO2 produced by the plant will be captured and transported by pipeline for permanent storage deep beneath the North Sea seabed.
Dr Graeme Sweeney, Chairman of ZEP, said: “This decision sends a strong and positive signal, reaffirming the importance of CCS deployment and that we must keep pushing European projects with the continued support both at EU and Member State level. ZEP’s modelling shows that in the coming years CCS can create and secure an estimated total of 330,000 jobs across Europe. The EU’s long-term goal of reducing GHG emissions by 80-95% by 2050 cannot be met cost-effectively without CCS. Achieving our emission reduction goals while maintaining Europe’s industrial base is also essential for competitiveness, job retention and job creation in Europe."
Brad Page, Global CCS Institute CEO said: “The UK’s White Rose CCS Project is planned to be the first large-scale oxyfuel project in the world with the ability to use biomass fuel for co-firing. This means that in addition to capturing nearly 90% of its carbon emissions, under the right circumstances it could reach zero or even negative emissions. This project, and several others at advanced stages of planning in the UK and mainland Europe, have the potential to reinvigorate CCS in Europe and help meet the world’s climate targets.”
Global CCS Institute Caroline Baldwin T: +61(0) 408 877 628 email@example.com
ZEP Media Team Nathalie Gross T: +32 (0)2 894 90 11 Ngross@webershandwick.com
Notes for editors:
The Carbon Capture and Storage Association (CCSA) has published a release to welcome the announcement. The press release can be found here.
ZEP, founded in 2005, the European Technology Platform for Zero Emission Fossil Fuel Power Plants (ZEP) is a unique coalition of European utilities, petroleum companies, equipment suppliers, scientists, academics and environmental NGOs united in their support for CO2 Capture and Storage (CCS) as a key technology for combating climate change. ZEP serves as advisor to the European Commission on the research, demonstration and deployment of CCS.
About the Global CCS Institute:
The Global CCS Insitute accelerates carbon capture and storage, a vital technology to tackle climate change and provide energy security. We advocate for CCS as a crucial component in a portfolio of technologies required to reduce greenhouse gas emissions. We drive the adoption of CCS as quickly and cost effectively as possible by sharing expertise, building capacity and providing advice and support to overcome challenges. Our diverse international Membership comprises of governments, global corporations, small companies, research bodies and non-government organisations committed to CCS as an integral part of a low-carbon future.