Capture Power, the developer of the White Rose Carbon Capture and Storage (CCS) Project, has welcomed the submission of its application for funding under the second call of the European NER300 financing programme by the UK government.
The targeted funding has the potential to provide critical additional revenue during the operational phase of White Rose as carbon dioxide (CO2) is permanently stored.
White Rose is scheduled to form the anchor project for the development of National Grid’s regional CO2transport and storage infrastructure with the potential to provide carbon solutions for a variety of energy intensive industries.
Located on land adjacent to the existing Drax Power Station, near Selby in North Yorkshire, the 426MW new build power plant will burn coal with the potential to co-fire sustainable biomass.
Fully equipped with CCS technology from the outset, 90 per cent of all the CO2 produced by the plant will be captured and transported by pipeline for permanent storage deep beneath the North Sea seabed.
Capture Power is a consortium set up by Alstom, Drax and BOC to develop White Rose, in co-operation with National Grid, who will provide the CO2 transportation and storage infrastructure.