This policy paper was published back in May 2021.
The paper provides details of the design of the CCS Infrastructure Fund (CIF) and how it will be used. The government has committed to deploy carbon capture, usage and storage (CCUS) in 4 industrial clusters, aiming to capture 10MtCOâ‚‚ a year by 2030. The CCSÂ Infrastructure Fund, announced in 2020, will support capital expenditure on transport and storage (T&S) networks and industrial carbon capture (ICC) projects.
The CCUS Grant Funding Agreement for Industrial Carbon Capture: Indicative Heads of Terms has been added to the webpage.
Source: BEIS.