Written Question·Department for Energy Security and Net Zero·UIN 15801
Carbon Capture, Usage and Storage
Tabled: 25 November 2024
Answered: 3 December 2024
Question
Wera Hobhouse
Liberal Democrat — Bath
To ask the Secretary of State for Energy Security and Net Zero, if his Department will make an assessment of the potential impact of adding carbon capture, utilisation and storage costs onto household bills.
Answer
Sarah JonesWe have created several business models to fund CCUS projects, designed to ensure value for money whilst providing long term sight of revenue streams for investors. CCUS will be funded by a mixture of exchequer and levy sources, the exact split to be dete...
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