Grant funding is available for projects developing novel technology and processes that reduce the cost of deploying carbon capture, usage and storage (CCUS) technology from UK industry.
The Department for Business, Energy and Industrial Strategy (BEIS) is looking to support the deployment of advanced carbon, capture, usage and storage (CCUS) technologies within the UK. This is in line with the Prime Minister’s Ten point plan for a green industrial revolution, announced in November 2020.
The programme will provide grant funding to innovation projects that significantly reduce the cost of capturing, using and sequestering CO2, or that help UK industry to understand the opportunity for deploying next generation carbon capture technology on industrial, waste or power sites.
The programme will provide £20 million of grant funding over two calls, the first in June 2021 and the second in May 2022. The two calls will provide funding of up to 36 and 30 months respectively. Projects will be considered for grant applications of:
- Up to £50,000 for industrial, waste or power sector companies performing analysis on next generation CCUS 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) CCUS technology
- Up to £5 million for projects demonstrating late-stage (TRL to 6-8) CCUS technology at intermediate scale at site
Industry or academic-led projects can apply for CCUS Innovation 2.0 funding.
Following an initial Expression of Interest phase, applications will open on 28 June 2021. The deadline to apply will be 8 August 2021.