Partner Article
Carbon-cutting project gets green light
New technology to reduce carbon dioxide emissions has been given the go-ahead after receiving funding from the Business North East Technology Fund and IP Group plc.
C-Capture’s development of low cost, energy efficient and safe technology to capture the gas from coal-fired power stations was developed at the University of Leeds in order to make coal a more environmentally acceptable energy source.
The funding C-capture have received, totalling £16,500, will allow the business to relocate its engineering operations to The Wilton Centre in Redcar.
This development will establish the North East as a leader in carbon capture technology, and paves the way for investment and deployment of further developments in the North East.
The investment comes at an important time, after the Stern Review and UK Energy Review highlighted the need to tackle harmful greenhouse gas emissions as part of necessary global change initiatives.
The technology that has been developed is already proving popular with local power generators, with two businesses already bidding for funding to implement carbon emission reduction technology in their own power plants.
Christopher Rayner, a director of C-Capture said: “The investment has come at a crucial time – both in terms of our development and the political landscape.”
“Working with IP Group has enabled us to access the funding we need to make C-Capture a commercial and sustainable reality.”
This was posted in Bdaily's Members' News section by Ruth Mitchell .
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