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To ask the Secretary of State for Energy and Climate Change, what the total cost to the public purse had been of developing carbon capture and storage technology.
The Government continues to view CCS as having a potential role in the long-term decarbonisation of the UK’s power and industrial sectors and has invested over £222 million since 2011 in developing carbon capture and storage technology, including approximately £130 million through our support to new technologies and research to help develop new capture technologies to reduce costs. The latest investment includes £1.7 million for three innovative CCS technologies awarded through Energy Entrepreneurs Fund and £2.5 million to identify suitable CO2 stores in the North and Irish Seas.
Government has also supported industry to complete detailed engineering and design work on CCS project proposals to determine their cost and feasibility, ensuring that knowledge gained is made freely available to benefit future CCS projects and aid research and development in CCS technology.