01 Mar 2011 02:03:06
CCS "crucial component" for future power generation
Renewable energy technologies must be developed alongside carbon capture and storage (CCS) technology if they are to succeed within the market, one expert has claimed.
Dr Jeff Chapman, chief executive of the Carbon Capture and Storage Association, said the UK's eagerness for CCS development is encouraging as it is a "crucial component" for the country's energy future.
In total nine CCS project applications were submitted to the European Union for a share of the NER300 fund, which is around half of all the proposals received, according to Dr Chapman.
Announced in November last year, the scheme made available €4.5 billion (£3.7 billion) to €9 billion of grants for at least eight CCS and 34 renewable energy projects.
Dr Chapman described CCS as "an important part of the puzzle" for renewable energy development as it "needs the flexibility of fossil fuel power stations in order to penetrate the power market".
"Into the future, we can only operate fossil fuel power stations if we can control the emissions from them, so CCS is an absolutely crucial component for the future of power generation, including renewable energy," he concluded.