In 2015 gases will be stored
under the North Sea, in depleted gas and oil fields. For the first
time 37,5 million euros of a carbon abatement funding plan is reserved
for sequestration projects. The project will run 3 to 4 years and
substitutes the previous cleaner coal programme.
Extra money is also promised
to go to hydrogen and fuel cell demonstration projects, and for
the stimulation of demonstration projects for cleaner electricity
generation from coal and gas.
This boost will advance all forms of carbon abatement technologies,
including improving the efficiency and co-firing existing power plant
with low carbon alternatives such as biomass, but the demonstration
of carbon capture and storage is the most radical of the options and
sets the new strategy apart from the previous Clean Coal Technology
programme.
Source: GP Newsdesk
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