Carbon Capture and Storage

Summary

To ask the Secretary of State for Energy Security and Net Zero, if he will make an assessment of the potential impact of the carbon capture, utilisation and storage scheme on energy bills.

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Timeline

1. 8 October 2024

   Written question

   To ask the Secretary of State for Energy Security and Net Zero, if he will make an assessment of the potential impact of the carbon capture, utilisation and storage scheme on energy bills.

   Source: Commons

2. 15 October 2024

   Answer

   Track 1 projects are expected to be funded through a mixture of levy and exchequer funding. We expect levy funded projects to become operational from late 2028. The exact split of levy and exchequer funding across Track 1 will be determined in due course ...

   Source: Written answer

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

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