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Carbon Capture and Storage: Finance

Question for Department for Energy and Climate Change

UIN 12596, tabled on 20 October 2015

To ask the Secretary of State for Energy and Climate Change, what her preferred means of levy support is for the operation of Carbon Capture and Storage plants.

Answered on

27 October 2015

The Contract for Difference is the means of providing support for all low carbon generation including Carbon Capture and Storage (CCS). The Supplier Obligation mechanism is a compulsory levy on electricity suppliers to meet the cost of Contract for Differences. Total funds used for this purpose are managed through the Levy Control Framework (LCF).


Answered by

Department for Energy and Climate Change