The United Kingdom commits €26bn to develop two CCS and hydrogen clusters

The UK government has confirmed a GBP21.7bn (€26bn) funding over the next 25 years to establish two carbon capture and storage (CCS) clusters, along with hydrogen production facilities, in Teesside and Merseyside (United Kingdom). The funding will go to the HyNet cluster in north-west England and the East Coast cluster in England’s northeastern Humber and Teesside regions, which could together store about 650 MtCO₂. The development of both clusters is expected to attract about GBP8bn (€9.5bn) in private investment and cut over 8.5 MtCO₂/year of emissions. 

The HyNet cluster…