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DESNZ and BEIS publish outcome of Power BECCS consultation

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On Thursday 30 March, DESNZ and BEIS published the outcome of its business model for power bioenergy with carbon capture and storage (Power BECCS) consultation. The response confirms the Dual Contracts for Difference (CfD) mechanism (‘CfDc + CfDe’) which values both the negative emissions and electricity generated; support for the transport and storage (T&S) fees being calculated and paid separately; and confirmation of a supply chain emission threshold in the model. The government will continue to progress business model development, ensuring alignment with other developing policies by engaging with industry, NGOs, academia and other interested parties in a series of regular engagement sessions.

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