Peak Cluster: Finance
2026-05-13 · Department for Energy Security and Net Zero · 1152 · Official question
Question
To ask the Secretary of State for Energy Security and Net Zero, what is the breakdown of where the funding for the Peak Cluster project will come from.
Answer
Government has not committed any funding for the Peak Cluster project, including for the capture facilities and the offshore storage. The National Wealth Fund (NWF) is to invest £28.6 million to support the development of the Peak Cluster CO2 transport on...