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The Low Carbon Economy Ltd

23 Mar 2010 08:03:07

ETI to invest in carbon capture technology

ETI to invest in carbon capture technology
The UK's Energy Technologies Institute (ETI) has announced plans to invest £25 million in a new carbon capture demonstration scheme.

Organisations are being invited to bid for the project, which could see the development of world-leading next generation capture technology that costs less to implement and has less impact on performance.

This could help to accelerate the wide-scale rollout of carbon capture and storage in the UK, explained Dr David Clarke, chief executive of the ETI.

It is hoped that full-scale demonstration will be completed by 2015 with the design of a power station using the newly-developed technology, and that it will be ready for commercial use by 2020.

Dr Clarke pointed out that power generation accounts for around one-third of the UK's carbon emissions.

"Capturing and storing that carbon could reduce emissions from fossil fuel power stations by as much as 90 percent," he remarked.

The announcement comes after energy secretary Ed Miliband claimed that the UK's carbon capture and storage sector has the potential to generate up to £6.5 billion a year for the UK economy.



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