Some 16 companies from around the world have signalled their intention to participate in the UK’s latest carbon capture and storage (CCS) competition.
Doosan, Alstom, Air Liquide, SSE and Shell are just some of the companies that have expressed an interest in submitting bids for the competition, which is aimed at helping the UK to develop a commercial-scale CCS project.
Although the deadline for submitting bids is not until early July, the UK government has published a list of companies that have registered an interest in order to encourage discussion between companies in the CCS field and potential suppliers.
Other companies on the list include Centrica, 2Co and Summit Power.
“This high level of interest proves that the UK is back on track with CCS,” said a spokesman from the Department of Energy and Climate Change. “From the outset, we are working through collaboration with industry to ensure we make CCS a reality and importantly create the maximum return for what is one of the best offers anywhere in the world.”
The winner of the CCS competition will be offered up to £1 billion in capital funding to support the development of a commercial-scale CCS project. The UK’s first CCS competition failed to award any funding after bidders dropped out and the government failed to agree terms with the one remaining bidder, a consortium of Shell, Scottish Power and National Grid.
In order to qualify for the competition, projects must demonstrate the full CCS chain, or demonstrate the prospect of being part of a full chain in the future, and abate carbon dioxide at a commercial scale. Projects must be operational between 2016 and 2020.
Linkedin
