RE: UK govt makes available £166m green energy cash injection, incl hydrogen27 May 2021 16:08
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UK is already home to leading carbon-tech companies such as Carbon Clean, Carbon 8, Pale Blue Dot, Econic Technologies, C-Capture and CCM Technologies, who with UK public funding have allowed them to develop and expand their businesses and have recently raised tens of millions of private sector investments. The new CCUS innovation programme will continue this success by funding innovation that widens the applicability of CCUS to a larger range of UK industrial applications, increases the technology readiness level (TRL) of the novel CCUS technology, reduces the cost of deploying CCUS in the UK and create competitive pressure on existing first-generation CCUS technology
The first CCUS call will consider grant application of:
up to £50,000 for industrial, waste or power sector companies performing analysis on next generation carbon capture technology that are most suited to their site or industrial sector
up to £1 million for projects developing and piloting mid-stage (TRL 3-5) technology
up to £5 million for projects demonstrating late-stage (TRL 6-8) technology at intermediate scale at site"