Aker Carbon Capture welcomes UK Government CCUS Track 1 project negotiation list

"Congratulations to bp and Viridor. This is an important day for CCUS in the UK. We are thrilled that these flagship projects have been selected as part of the UK Government's commitment to clean power generation and decarbonization. This will significantly advance the UK's decarbonization targets and will strengthen energy security," said David Phillips, Head of UK and Investor Relations at Aker Carbon Capture. "Congratulations to bp and Viridor. This is an important day for CCUS in the UK...

"Congratulations to bp and Viridor. This is an important day for CCUS in the UK. We are thrilled that these flagship projects have been selected as part of the UK Government's commitment to clean power generation and decarbonization. This will significantly advance the UK's decarbonization targets and will strengthen energy security," said David Phillips, Head of UK and Investor Relations at Aker Carbon Capture.

These announcements build on the £20 billion CCUS funding which was confirmed earlier this month in the Treasury's Spring Budget. To achieve the UK Government's ambition of capturing 20-30 million tonnes of carbon dioxide by 2030, more CCUS projects will need to come online. The UK government will launch a process later this year to enable further expansion of the Track-1 clusters, beyond the initial deployment, identifying and selecting projects for HyNet and East Coast Cluster – including the Humber – and their associated storage facilities as they become viable, to be operational by 2030. This wider deployment of CCUS will help the UK achieve its decarbonization targets, create jobs and bolster energy security.

Media contact:

Yannick Vanderveeren,
mob: +47 458 36 358,
email: [email protected]

Investor contacts:

David Phillips,
mob: +44 7710 568279,
email: [email protected]

Christian Yggeseth,
mob: +47 915 10 000,
email: [email protected]

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