2014 Report details for project: Carbon Capture & Storage Commercialisation Programme
| Project name | Carbon Capture & Storage Commercialisation Programme - there are 4 reports for this project: 2013, 2014, 2015, 2016 |
|---|---|
| Google search | Google search on project name (opens in new window)  |
| Contracts | Contracts search (opens in new window) - under development |
| Organisation | DECC (D11) - see all reports for this organisation |
| Report year | 2014 (data is from September 2013) |
| Category | Infrastructure - see all reports for this category |
| Description: | The CCS Commercialisation Programme aims to build confidence and drive down costs of developing a cost competitive CCS industry, by supporting practical experience in the design, construction and operation of commercial scale CCS with £1bn Government capital funding and support under Electricity Market Reform. As a result of the CCS Programme existing fossil fuel supplies (gas & coal) will be used more cleanly, maintaining the diversity of our fuel mix; emissions from electricity generation will be reduced; in addition to providing a flexible and predictable supply of low carbon electricity generation, that can respond to changes in demand. For more information, see: https://www.gov.uk/uk-carbon-capture-and-storage-government-funding-and-support#ccs-commercialisation-competition |
| DCA (RAG) | Amber |
| DCA text: | The [Amber] RAG rating reflects the good progress that has been made in the Programme since its official launch in March 2012. As one of the Governments Top 40 Infrastructure Projects, there is a significant programme of work ahead to take forward the first CCS Projects as part of the broader initiative to commercialise CCS in the UK. At the current stage of the programme (i.e. planning and design), no better than an Amber RAG rating would normally be expected. The review made some recommendations with respect to the contract management processes for the FEED contracts ahead of contract signature, which were implemented; DECC subsequently signed two FEED contracts in Dec 2013 and Feb 2014 for the White Rose and Peterhead CCS projects respectively. |
| Start date | 2011-10-25 |
| End date | 2050-03-31 |
| Schedule text | The start date represents the approval of Strategic Outline Business Case (SOC) for the CCS Commercialisation Programme. The end date represents the decommissioning of CO2 store. The on-going Front End Engineering Design work will further mature the timetable for detailed design, construction, operation and decommissioning. |
| Baseline | £36.60m |
| Forecast | £36.56m |
| Variance | -0.11% |
| Variance text: | The 2013-14 budget includes costs for managing the Programme (which are not drawn from the £1bn budget) and HMGs contribution towards the Developers costs of conducting Front End Engineering Design (FEED) studies, which are expected to complete towards the end of 2015. |
| Whole Life Cost | £0.00m |
| WLCost text: | Data exempt under Section 43(2) of the Freedom of Information Act (2000) |
| Notes1: | Data exempt under Section 43(2) of the Freedom of Information Act (2000) |
| Notes2: | |
| Sourcefile | IPA_2014.csv |
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Acknowledgement: GMPP data has been re-used under the Open Government Licence.