Carbon Sequestration

Department for Energy and Climate Change written question – answered on 18th January 2016.

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Photo of Harry Harpham Harry Harpham Labour, Sheffield, Brightside and Hillsborough

To ask the Secretary of State for Energy and Climate Change, whether developers of carbon capture and storage projects can access funding through the Levy Control Framework.

Photo of Andrea Leadsom Andrea Leadsom The Minister of State, Department of Energy and Climate Change

Generators who meet the requirements set out in the Contracts for Difference (Definition of Eligible Generator) Regulations 2014 are eligible for a Contract for Difference, funded through the Levy Control Framework. Contracts for Difference for CCS are awarded on direction of 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.

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