Wednesday 8 June 2022

UK offers up to £7.3m for novel CCUS technologies

Up to £7.3 million of grant funding is being made available to support innovation in novel carbon capture, utilisation and storage (CCUS) technologies under the second call of the CCUS Innovation 2.0 programme.

The programme, which had total funding worth nearly £20 million, aims to bring down the cost of capturing and sequestering CO2 and help the UK industry understand the opportunity for developing and deploying next-generation carbon capture technologies on industrial, waste or power generation sites at scale by 2030.

The second call is divided into three lots, including up to £1.8 million for projects developing and deploying mid-stage CCUS innovation and up to £5 million for projects developing late-stage CCUS innovation.

Up to £500,000 is also available for next-generation carbon capture technology feasibility studies for industrial, waste and power site owners.

Projects may also include aspects of Pre-Front End Engineering Design (pre-FEED) for the technology's first commercial deployment, however, FEED for a full-scale commercial deployment will not be supported.

Applicants can work with international partners but at least 50% of the project funded must be conducted in the UK.

They must submit an intention to apply by 1st July 2022 and project application forms must be submitted by 5th August 2022.