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scottish-government-offers-80m-carbon-capture-investment
scottish-government-offers-80m-carbon-capture-investment

Scottish Government offers £80m carbon capture investment

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The Scottish Government’s Emerging Energy Technologies Fund have offered to inject £80m into accelerating the Scottish Cluster carbon capture project to boost its transition to net zero.

The announcement follows last year’s decision by the UK Government to not award the Scottish Cluster Track-1 status, which would have provided it access to further funding. 

It was revealed that the EETF and UK Government support will see the Scottish Government develop three carbon capture and storage (CCS) clusters ‘for the price of two’, a measure that could see the Scottish Cluster being given ‘clear and definitive’ Track-1 status. 

During a meeting between Michael Matheson, Energy Secretary, Scottish Government, and Greg Hands, Minister for Energy, UK Government last Thursday, Matheson called the decision not to initially award Track-1 status a ‘serious mistake.’ 

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