SOURCE: Industrial Info Resources

Industrial Info Resources

February 17, 2011 02:45 ET

Energy Firms Rush for Carbon-Capture Funding, an Industrial Info News Alert

GALWAY, IRELAND--(Marketwire - February 17, 2011) - Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) -- Energy companies throughout the U.K. have joined the rush to secure a share of a 4.5 billion-euro ($6.2 billion) fund from the European Union (E.U.) for carbon capture and storage (CCS) projects. Scottish and Southern Energy plc (PINKSHEETS:SSEZY) (SSE) (Perth, Scotland), Ayrshire Power Limited (Glasgow, Scotland), and ScottishPower (Glasgow) have confirmed that they have made separate applications for funding from the New Entrants Reserve 300 (NER 300) funding programme.

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