Written Question·Department for Energy Security and Net Zero·UIN 7767
Carbon Capture and Storage
Tabled: 8 October 2024
Answered: 15 October 2024
Question
Sir Gavin Williamson
Conservative — Stone, Great Wyrley and Penkridge
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.
Answer
Sarah JonesTrack 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 ...
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