Press Release - Reducing CO2 Emissions Through Technological Innovation

12 Feb 2009

  • £15m joint public sector initiative to tackle CO2 emissions to be announced today.
  • Technology Strategy Board, Northern Way and Dept of Energy and Climate Change (DECC) to jointly invest £15m in development and demonstration of new carbon-reducing technologies.
  • Emphasis will be on new technologies that tackle CO2 emissions from power plants and large process industries.
  • New technologies will make major contribution to meeting Government greenhouse gas reduction targets.

In a unique partnership, the government-funded Technology Strategy Board, The Northern Way and the Department of Energy and Climate Change are to jointly invest £15 million in innovative research that will see the development and demonstration of technologies to reduce greenhouse gas emissions from fossil fuel power stations and other CO2 intensive process industries.

The deployment of Carbon Abatement Technologies will potentially make a major contribution to tackling UK and European Union climate change targets.

The Technology Strategy Board, working in partnership with the Department of Energy and Climate Change and The Northern Way, will invest the £15 million through the Technology Strategy Board's Collaborative R&D programme.

Announcing the launch in London today, the Technology Strategy Board's Chief Executive, Iain Gray, said: "The challenge is to find cost effective, energy efficient solutions to CO2 reductions that are highly reliable and durable.  Carbon Abatement Technologies have the potential to reduce carbon emissions from fossil fuel power stations by up to 90%, and have significant export potential.  They will enable power plants and process industries to be part of the solution to climate change, while making a major contribution to security of energy supply and UK wealth creation."

Sustainable Development and Energy Innovation Minister, Lord Hunt of Kings Heath said:  "Climate change is one of the biggest threats facing our planet, which is why supporting innovation in low carbon technologies is so vital.  I am pleased we are contributing to a £15 million fund, run by the Technology Strategy Board, to bring forward technologies to cut carbon emissions in industry particularly in fossil fuel plants."

Professor Sir Drummond Bone, who leads the Northern Way's work on innovation said:  "The development of a low carbon economy is vital for the well-being of future generations.  Moreover the deployment of Carbon Abatement Technologies has the potential to generate significant value for both the North and the UK, and this investment is focused on the development of technology and a supply chain to do just that."

"We are delighted to have developed an innovative partnership with the Technology Strategy Board and DECC on this agenda - coordination between national and regional strategies is vital if we are to be successful in meeting these challenges," he added.

The funding will be allocated, through a funding competition that will open in June, to innovative research, development, component and pilot scale demonstration projects that involve science-to-business and business-to-business collaborations. 

The outputs of the programme should produce the new technologies and skills for the future.  As well as supporting established industries, the programme will also provide the foundation and opportunities for new market entrants, spin-off companies and produce spill-over benefits to and from other sectors.

For further information about the competition click here

For a pdf of the press release including notes to editors click the following;
Press release - REDUCING CO2 EMISSIONS THROUGH TECHNOLOGICAL INNOVATION  

 

 

Last updated on Monday 02 August 2010 at 12:12

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