David Anderson – 2016 Parliamentary Question to the Department for Energy and Climate Change

The below Parliamentary question was asked by David Anderson on 2015-12-17.

To ask the Secretary of State for Energy and Climate Change, when she expects to be able to announce how carbon capture and storage research and deployment will be funded in future; and if she will make a statement.

Andrea Leadsom

Decisions on which technologies to support with research, development and demonstration funding will be made in due course, in the context of our agreed policy objectives, with a clear focus on targeting investment in areas of demonstrable market failure. A generating station connected to a complete CCS system is an eligible technology for Contracts for Difference under the Contract for Difference Regulations. Contracts for Difference for CCS are awarded on direction of my rt. hon. Friend the Secretary of State. Whether or not the Secretary of State would consider awarding a CfDs to a specific project would be subject to the circumstances at the time, including factors such as the value for money and affordability of a project and competing demands on available budgets.