Carbon Capture, Usage and Storage
Commons · Question 85000 · Tabled 24 Oct 2025 · Department for Energy Security and Net Zero · Official record
Answered 3 Nov 2025
Question
Asked by Scott Arthur
To ask the Secretary of State for Energy Security and Net Zero, how much funding his Department plans to provide to (a) transport and (b) storage companies to help support their carbon capture, usage and storage business models in the next 12 months.
Answer
Answered by Michael Shanks, 3 Nov 2025
In the 2025 spending review, the Government allocated £9.4 billion over the Spending Review period. The bulk of public funding for Track 1 is only provided once projects are operational. Transport & Storage Companies (T&SCos) operate a Regulated A...