Carbon Capture, Usage and Storage (CCUS) Innovation 2.0 programme
To bring down the cost of capturing and sequestering CO2 and helping UK industry to understand the opportunity for developing and deploying next generation carbon capture technologies from 2025.
To bring down the cost of capturing and sequestering CO2 and helping UK industry to understand the opportunity for developing and deploying next generation carbon capture technologies from 2025.
How the competition is structured
Up to £20 million grant funding is available over 2 calls to:
- support innovation in novel CCUS technology increasing its technology and commercial readiness level (TRL & CRL)
- demonstrate and de-risk next generation CCUS technologies to allow it to deploy commercially from 2025
- reduce the cost of deploying CCUS and create competitive pressure on current available technology
The CCUS Innovation 2.0 competition is part of the £1 billion Net Zero Innovation Portfolio (NZIP).