Tuesday 22 September 2009

ScottishPower Moves Closer To Clean Coal Deal; Bags Government Aid

ScottishPower has started moving closer to bag GBP1 billion government aid to develop technology that will capture greenhouse gas emissions, reported Scotland On Sunday.
The move comes after E.ON indicated that it will try to meet the deadline to build the UK's first clean coal plant. Both the companies are now competing with RWE npower for getting funds to develop technology that would trap greenhouse gas carbon dioxide and then store it under the sea.
Paul Golby, chief executive of E.ON said to Scotland On Sunday that government delays to support low-carbon technologies will encourage companies to talk to other countries.
Mr Golby added: "If we can't develop the technology at the right pace in the UK we'll look elsewhere to develop it. We're talking to the Dutch government about support there, as well as Germany."
ScottishPower, which has partnered with Shell, converted a coal-fired power station at Longannet, Fife to a prototype unit in May, which makes it a better contender compared to other companies for the clean coal deal.
At the switch-on, Nick Horler, chief executive of ScottishPower, said CCS technology was operational at a British coal-fired power station for the first time and described it as a key step to generate carbon-free fossil fuel electricity.

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