National Wealth Fund pumps £28m into Peak Cluster CCS project

James Murray
clock • 5 min read
National Wealth Fund pumps £28m into Peak Cluster CCS project

Treasury predicts investment could secure around 3,500 jobs and enable the decarbonisation of the UK's cement and lime industry

The government has today provided a further boost to the UK's fledgling carbon capture and storage (CCS) sector, announcing the National Wealth Fund is to invest £28.6m in the proposed Peak Cluster project....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

'Clean power is the future our public wants': Brits back clean energy transition, regardless of concerns over visual impacts

'Clean power is the future our public wants': Brits back clean energy transition, regardless of concerns over visual impacts

Polling shows the British public place higher importance on new infrastructure capable of boosting energy security, than on the visual impact arising from new clean energy projects

clock 22 May 2026 • 3 min read
Government announces multi-million pound heat network investment

Government announces multi-million pound heat network investment

Government pledges to invest £15m in improving existing heat networks, alongside £25m in new heat network projects

clock 20 May 2026 • 2 min read
Deep Green gets green light for Bradford heat-reuse data centre

Deep Green gets green light for Bradford heat-reuse data centre

Data centre expected to reduce carbon emissions by over 4,500 tonnes a year by harnessing waste heat for use in Bradford's local heat network

clock 15 May 2026 • 3 min read