Peak Cluster: Cost Benefit Analysis
The question
To ask the Secretary of State for Energy Security and Net Zero, if he will publish the cost-benefit analysis of the Peak Cluster project.
Answered by Michael Shanks
DESNZ has not committed any funding for the Peak Cluster project, including for the capture facilities and the offshore storage.
Peak Cluster’s planned CCUS project has not been identified as one of the four CCUS Clusters for support through the government’s CCUS Cluster Sequencing process and is not in receipt of any funding from the department. Consequently, the department has not prepared this analysis.
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