Scottish Power losses CCS Funding
Electricity and Natural Gas company, Scottish Power – a subsidiary of the Spanish utility Iberdrola – has lost out on funding for Carbon Capture and Storage (CCS) research, reports energyhelpline.com.
The energy firms Longannet power plant in Scotland was nominated to receive a share of £1 billion from the European Commission designated to help with the development of CCS technology – which is intended to reduce harmful emissions subsequently produced by burning coal, but was unsuccessful in its bid.
Nonetheless, officials remain hopeful that the power station will instead receive funding from the UK government through a CCS competition which has been set up by the Department for Energy and Climate Change (DECC).
The World Wildlife Fund acknowledged Longannet power plant as being the best place in the UK for CCS funding, and responding to the missed opportunity, the funds director, Richard Dixon stated:
“We sincerely hope it will get some form of support to properly test this technology soon, whether it is from Europe or as a winner of the UK government’s own CCS competition”
He also continued by saying that Scotland has a good position in becoming a world leader in the development of CCS technology.
Source;
Energyhelpline.com/ Gas and Electricity News
http://www.energyhelpline.com/news/article.aspx?aaid=19392387&y=2009&m=10&w=1&pid=1