Source · Select Committees · Public Accounts Committee
Recommendation 13
13
Government announced £21.7 billion funding for the first five Track 1 CCUS projects
Conclusion
In early October 2024, the government announced £21.7 billion of funding, over 25 years, to support the first five projects in Track 1 of its CCUS programme.43 In early December 2024, the Department signed contracts with two projects in the East Coast Cluster – a power project (Net Zero Teesside) and a transport and storage company (Northern Endurance Partnership).44 The Department told us the East Coast Cluster covered the largest region of emissions.45
Government Response
A response document is linked to this report, dated 6 May 2025. Response attribution to this conclusion has not been verified. Read the response document ↗