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1659450
registered interest false more like this
date less than 2023-09-11more like thismore than 2023-09-11
answering body
Department for Energy Security and Net Zero more like this
answering dept id 215 more like this
answering dept short name Energy Security and Net Zero more like this
answering dept sort name Energy Security and Net Zero more like this
hansard heading Carbon Capture and Storage: Finance remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Energy Security and Net Zero, whether she has made an estimate of the government's budget for carbon capture and storage expenditure over the next five years. more like this
tabling member constituency Wokingham more like this
tabling member printed
John Redwood more like this
uin 198584 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-09-19more like thismore than 2023-09-19
answer text <p>In the 2023 Spring Budget, the Chancellor announced an unprecedented £20 billion investment in the early development of carbon capture, usage and storage (CCUS). The quantum of spend within a given period will depend on the outcome of commercial negotiations and will be subject to confirmation at the next and subsequent spending reviews.</p> more like this
answering member constituency Beverley and Holderness more like this
answering member printed Graham Stuart remove filter
question first answered
less than 2023-09-19T10:40:00.95Zmore like thismore than 2023-09-19T10:40:00.95Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
14
label Biography information for Sir John Redwood more like this
1644298
registered interest false more like this
date less than 2023-06-13more like thismore than 2023-06-13
answering body
Department for Energy Security and Net Zero more like this
answering dept id 215 more like this
answering dept short name Energy Security and Net Zero more like this
answering dept sort name Energy Security and Net Zero more like this
hansard heading Carbon Capture and Storage: Finance remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Energy Security and Net Zero, how much funding his Department allocated to the Carbon Capture Storage and Utilisation Infrastructure Fund in each year since 2020; and how much funding was allocated to each project through that fund. more like this
tabling member constituency East Lothian more like this
tabling member printed
Kenny MacAskill more like this
uin 189394 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-06-21more like thismore than 2023-06-21
answer text <p>The 2021 Spending Review confirmed the following allocation for the Carbon Capture Usage and Storage (CCUS) Infrastructure Fund (£ bn current prices).</p><table><tbody><tr><td><p>FY20/21</p></td><td><p>FY21/22</p></td><td><p>FY22/23</p></td><td><p>FY23/24</p></td><td><p>FY24/25</p></td></tr><tr><td><p>0.0</p></td><td><p>0.0</p></td><td><p>0.0</p></td><td><p>0.3</p></td><td><p>0.4</p></td></tr></tbody></table><p>The £1 billion CIF allocation at SR21 is spread over a longer period than as announced at Spending Review 2020 reflecting information received from project developers in the CCUS clusters. The Government has committed up to £40m of the CIF to support early-stage design work in industrial clusters via the Industrial Decarbonisation Challenge (IDC) Fund. The majority of CIF will be allocated through the ongoing Cluster Sequencing process. The Hynet and East Coast Clusters have been confirmed as track 1 clusters for the mid-2020s and will be taken forward into Track-1 negotiations for support through the relevant business models, including CIF.</p>
answering member constituency Beverley and Holderness more like this
answering member printed Graham Stuart remove filter
question first answered
less than 2023-06-21T15:55:28.493Zmore like thismore than 2023-06-21T15:55:28.493Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
4772
label Biography information for Kenny MacAskill more like this
1644299
registered interest false more like this
date less than 2023-06-13more like thismore than 2023-06-13
answering body
Department for Energy Security and Net Zero more like this
answering dept id 215 more like this
answering dept short name Energy Security and Net Zero more like this
answering dept sort name Energy Security and Net Zero more like this
hansard heading Carbon Capture and Storage: Finance remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Energy Security and Net Zero, what criteria his Department used to allocate expenditure to projects through the Carbon Capture Utilisation and Storage Infrastructure Fund. more like this
tabling member constituency East Lothian more like this
tabling member printed
Kenny MacAskill more like this
uin 189395 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-06-21more like thismore than 2023-06-21
answer text <p>The CIF will primarily be allocated through the Cluster Sequencing process to contribute to the capital costs of the T&amp;S network and ICC projects. To maximise participation, diversity and resilience in the Cluster Sequencing process, the Government has also committed up to £40m of the CIF to support early-stage design work in industrial clusters via the existing Industrial Decarbonisation Challenge (IDC) Fund.</p><p> </p><p>The eligibility and assessment criteria for Phase 1 and 2 of the Cluster Sequencing Process are published within the Phase 1 and Phase 2 guidance. Clusters and projects were assessed against several criteria including deliverability, emissions reduction potential, economic benefits, cost considerations, and learning and innovation.</p> more like this
answering member constituency Beverley and Holderness more like this
answering member printed Graham Stuart remove filter
question first answered
less than 2023-06-21T11:47:40.29Zmore like thismore than 2023-06-21T11:47:40.29Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
4772
label Biography information for Kenny MacAskill more like this
1641076
registered interest false more like this
date less than 2023-06-02more like thismore than 2023-06-02
answering body
Department for Energy Security and Net Zero more like this
answering dept id 215 more like this
answering dept short name Energy Security and Net Zero more like this
answering dept sort name Energy Security and Net Zero more like this
hansard heading Carbon Capture and Storage: Finance remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Energy Security and Net Zero, how much the Government plans to spend on carbon (a) capture and (b) storage this year. more like this
tabling member constituency Wokingham more like this
tabling member printed
John Redwood more like this
uin 187010 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-06-12more like thismore than 2023-06-12
answer text <p>The 2021 Spending Review allocated £0.3bn to Carbon Capture, Usage and Storage (CCUS) for FY23/24. This funding supports the Government’s ambition for CCUS in four industrial clusters by 2030. On 15 March 2023 the Chancellor announced an up to £20 billion investment in the early development of CCUS and, on 30 March, the Government announced the eight HyNet and East Coast Cluster projects to proceed to negotiations for support through the relevant Business Models. Following this, the Government expects some adjustment to the timing of spend to reflect the pace of deployment.</p> more like this
answering member constituency Beverley and Holderness more like this
answering member printed Graham Stuart remove filter
question first answered
less than 2023-06-12T12:48:39.293Zmore like thismore than 2023-06-12T12:48:39.293Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
14
label Biography information for Sir John Redwood more like this
1604630
registered interest false more like this
date less than 2023-03-15more like thismore than 2023-03-15
answering body
Department for Energy Security and Net Zero more like this
answering dept id 215 more like this
answering dept short name Energy Security and Net Zero more like this
answering dept sort name Energy Security and Net Zero more like this
hansard heading Carbon Capture and Storage: Finance remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Energy Security and Net Zero, with reference to paragraph 3.88 of the Spring Budget, HC 1183, published on 15 March 2023, what proportion of the funding for early deployment of Carbon Capture, Usage and Storage will be classified as research and development. more like this
tabling member constituency Newcastle upon Tyne Central more like this
tabling member printed
Chi Onwurah more like this
uin 166215 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-03-20more like thismore than 2023-03-20
answer text <p>The funding announced in the budget is targeted towards supporting early deployment of Carbon Capture, Usage and Storage. Although some of this may be classified as research and development funding, the Government is not earmarking funding for this purpose.</p> more like this
answering member constituency Beverley and Holderness more like this
answering member printed Graham Stuart remove filter
question first answered
less than 2023-03-20T16:09:52.227Zmore like thismore than 2023-03-20T16:09:52.227Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
4124
label Biography information for Chi Onwurah more like this