Policy & Regulation

UK to invest up to £100 mln in CCUS and industrial innovation

The UK government will invest up to £100 million in carbon capture, usage and storage technology, it has announced.
By Staff reporter 12 October 2017 0 27943

The UK government will invest up to £100 million ($132 million) in carbon capture, usage and storage (CCUS) technology and industrial innovation as part of its Clean Growth Strategy, published on Thursday.

A new CCUS Council will help the government to work in partnership with the industry and deploy CCUS at scale in the UK, the document says. The government will also invest £900 million in smart systems and demand-response technology, as well as nuclear and renewables.

It will also aim to provide a...