Carbon Capture and Storage and Hydrogen: Finance

Summary

To ask the Secretary of State for Energy Security and Net Zero, what estimate his Department has made of the amount of private investment that will be raised for carbon capture and storage and hydrogen projects by the £3.9 billion of public funding announ

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Timeline

1. 16 December 2024

   Written question

   To ask the Secretary of State for Energy Security and Net Zero, what estimate his Department has made of the amount of private investment that will be raised for carbon capture and storage and hydrogen projects by the £3.9 billion of public funding announ

   Source: Commons

2. 19 December 2024

   Answer

   On 4th October, the government reached commercial agreement with the private sector and announced up to £21.7bn of available funding over 25 years to launch the UK’s new carbon capture, usage and storage industry. We expect this funding to crowd in £8bn i...

   Source: Written answer

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• · Department for Energy Security and Net Zero · Answering body

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