RWE to make over EUR 5bn in green investments in 2022
Aug 12, 2022 17:11 CESTJanuary 14 (Renewables Now) - The UK Department for Business, Energy and Industrial Strategy (BEIS) on Wednesday launched a programme to support the development of technologies for the production of hydrogen from sustainable biomass and waste.
More specifically, the programme will back technologies for generating hydrogen through a BECCS (bioenergy with carbon capture and storage) process.
The first phase of the scheme will award GBP 5 million (USD 6.9m/EUR 6m) of government funding to projects across three categories -- feedstock pre-processing, gasification components and novel biohydrogen technologies -- to show the feasibility of their innovation. The most promising projects will be able to access further funding under phase two.
The programme is part of BEIS’ GBP-1-billion Net Zero Innovation Portfolio.
The government said that BECCS offers a potential to remove carbon dioxide (CO2) from the atmosphere as by using carbon capture technologies the CO2 absorbed during the biomass growth can be permanently taken out of the atmosphere.
“This innovative technology offers incredible potential for removing carbon dioxide from the atmosphere, crucial to reaching our net zero goals,” commented Energy and Climate Change Minister Greg Hands.
(GBP 1 = USD 1.371/EUR 1.197)
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