SSE loses customers but green energy lifts profit

SIXTEEN bidders have registered interest in the Government’s £1bn competition to fund one or more carbon capture and storage (CCS) projects, the Department of Energy and Climate Change (DECC) said yesterday.

“This high level of interest proves that the UK is back on track with CCS,” said a DECC spokesman.

Interested firms include 2Co Energy, which is running the South Yorkshire Don Valley project, Alstom, which is heading Drax’s North Yorkshire scheme, SSE, Shell, National Grid and Centrica.

More companies are expected to apply before the July 3 deadline.