10 Dec 09

UK gets a total of £266m in EU grants for wind and CCS development

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The European Commission has announced it is to give the UK a total of €294 million (£267 million) in grant money to help with the development of renewable and carbon capture and storage (CCS) projects.

 

The money is coming via the European Energy Programme for Recovery (EEPR) fund, which has earmarked total grants €1 billion (£0.9 billion) to six CCS projects and €510 million (£461 million) to nine offshore wind energy projects in Europe.
As already reported by GreenWise in October, £164 million of the funding is to go to Powerfuel Ltd ito develop a new 900 megawatt (MW) CCS power plant at Hatfield, Yorkshire.
Scottish Hydro Electric Transmission, a division of Scottish and Southern Energy, will receive £67 million to build an intermediary platform on its planned high-voltage direct current link between Shetland and Scottish mainland to connect offshore wind and marine generation.

 

Source: Greenwisebusiness

To read the full article, click here.

 

 



Author:
Elaine Brass Filed Under:
News, Research and Commentary - Design & Innovation
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