According to the White Rose website, the project comprises a state-of-the-art coal-fired power plant that is equipped with full CCS technology. The plant will also have the potential to co-fire biomass and thereby attain negative emissions (read more about Bio-CCS). The project is intended to prove CCS technology at commercial scale and demonstrate it as a competitive form of low-carbon power generation and as an important technology in tackling climate change.
The funding will come from the NER300 programme, which is a financing instrument managed jointly by the European Commission, the European Investment Bank and the Member States. It was recently announced that the programme will support innovative renewable energy demonstration projects and CO2 capture schemes across Europe with €2 billion.
It was announced in December 2013 that White Rose will receive funding from the UK government.
“This is a huge win for Britain that could secure millions of pounds of EU funding to support the country’s first carbon capture power station, and perhaps the first in Europe. If we are serious about cutting our CO2 emissions at the lowest possible cost then carbon capture must have a role to play. This is a perfect example of how being in the EU is good for Britain and helps us to lead in the global fight against climate change.” Davies said about the news.
A report on developing and applying CCS technology in Europe was passed by the European Parliament in January this year, for which Chris Davies was the rapporteur.