Wood is partnering with C-Capture, developers of world-leading chemical processes for carbon dioxide removal, who have secured £1.7m in funding from the BEIS £1 billion Net Zero Innovation Portfolio (NZIP). The funding is part of the £20 million Carbon Capture, Usage and Storage (CCUS) Innovation 2.0 programme aimed at accelerating the deployment of next-generation CCUS technology in the UK.
C-Capture will use the funding to finance a major, national £2.7m project, XLR8 CCS, as a critical step in the race to net zero. The multi-industry, multi-million-pound project, will see C-Capture’s unique, next-generation carbon capture technology deployed on numerous sites across the country, within industries that are particularly difficult to decarbonise. Demonstrating that a low-cost, carbon capture technology is a credible solution in reducing carbon emissions.