Peterhead Project Through to Carbon Capture Shortlist

Two Scottish projects have made it through to the shortlist of CCS projects which will now be considered for financial support.

The UK Government today announced that carbon capture projects in Peterhead and Grangemouth had both made it onto a four project shortlist that will be considered for financial support in the New Year.

It was also announced that Peterhead would be considered a reserve project when applying for European funding through the NER300 scheme, while the Sound of Islay Tidal project has been put forward as a full candidate project for NER300 funding.

Commenting, Banffshire & Buchan Coast MSP Stewart Stevenson said:

“It is positive news that Peterhead is one of two Scottish projects to make it onto the final shortlist for funding for carbon capture.

“I firmly believe that Peterhead has an extremely strong case to make and I would certainly hope that the UK Government will fully recognise that when it makes its decisions in the New Year.

“Westminster has a sorry track record when it comes to supporting innovative carbon capture projects in the past, with jobs and investment allowed to slip away before at Peterhead and Longannet.

“People in Peterhead remember all too well that they have been let down before by dithering at Westminster, so what is most important is that history is not allowed to repeat itself.”

Local MP Dr Eilidh Whiteford added:

“This is a very important step along the road for the Peterhead project so I welcome today’s announcement from the Secretary of State for Energy. 

"In Scotland we are working to deliver a diverse and balanced energy portfolio to provide us with secure and affordable heat and electricity for decades to come, and CCS technology could have an important role to play in that.

“Scotland is also ideally placed to develop this technology, with massive geological stores, high-value technological expertise and vast experience of working in deep waters offshore.”