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Minister sets out carbon capture supply chain progress at CCSA conference

By Anthony at GridteamAI

Energy minister Martin McCluskey told the Carbon Capture and Storage Association's annual conference that five Final Investment Decisions are now secured, with the East Coast Cluster and HyNet schemes together supporting around 5,500 jobs and over £2 billion in supply-chain contracts across 260 UK suppliers. He said two further Teesside competitions are running this year and that government subsidy is expected to fall as the sector matures.

Our readThe jobs and contract figures are real, but the minister's own caveat on tightening fiscal headroom is the line operators and suppliers bidding into the next phase should weigh most carefully.
Read the announcement at DESNZ →

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