UK CCS bids coming to a close

At midday today (4^th July), the UK Department of Energy and Climate Change (DECC) £ 1 billion CCS competition is closing to bids.

Comments

‘There has been significant interest from industry, with a good range of applications received. We will be carrying out an initial review of each bid before making further details available in the next few weeks. Decisions on which projects to support will be made in the autumn following an assessment and evaluation process. The UK has one of the best offers anywhere in the world for CCS and this competition is an important step to reach our aim of a cost competitive CCS industry in the 2020s.’

Adapted from press release by Claira Lloyd.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/04072012/uk_ccs_comptition_closing/