Banff and Buchan MP say Acorn project still in ‘good place’

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Banff and Buchan MP David Duguid has been told details of Track 2 CCUS will be announced shortly after he welcomed a £20 billion support package for Carbon Exploitation and Storage (CCUS) projects across the UK in the Spring Budget.

David Duguid spoke at the cluster meeting on Monday.
David Duguid spoke at the cluster meeting on Monday.

Jeremy Hunt has confirmed a £20 billion government support package for carbon capture projects across the UK and Mr Duguid is confident the Acorn project in St Fergus is well placed for the 2 track group sequencing which will be ‘announced shortly’.

The chancellor’s announcement will help create up to 50,000 jobs and support the UK’s target to capture 20-30m tonnes of emissions annually by 2030.

And now Mr Duguid, who hosted a reception in Westminster to promote Project Acorn on Monday, has received an update detailing the Track 2 process for additional kits that will be ‘announced soon’.

The Banff and Buchan MP, who has been a strong advocate for the Scottish bloc, said: “I welcome the chancellor’s £20 billion commitment to carbon capture technology over the next two decades which will help create up to 50,000 jobs.

This announcement demonstrates that the UK Government’s commitment to the CCUS remains strong and they are fully aware of the need to accelerate the Scottish bloc.

“I will continue to ensure Acorn gets the recognition and support it needs, while pressing for clarity on the timeline and process that will be followed for Path 2 which I am told will be announced shortly.

By contrast, the SNP is only interested in shouting from the sidelines and withdrawing the promised funding on the grounds that they are ‘waiting for the UK government’, even though the project has already received more than £40m of UK funding.

But despite the SNP’s attempts to talk the project out and play divisive political games, development of the Scottish bloc never stopped and is well placed for a Track 2 sequence ahead of operational plans for 2027.

CCUS is particularly important in Scotland to allow the extension of power generation from Peterhead Power Station.

“A new 95 per cent zero-emissions power plant will be even more vital to providing a stable base load for the whole of Scotland, because the SNP government will not allow new nuclear projects despite the massive support on offer from the UK government.

“CCUS will play a key role in our net zero targets, which is also reflected in the £16 billion North Sea transfer.”

In other news: The SNP says governors should stop wasting time handing over CCUS money.

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