Scottish Power

Government pulls plug on £1bn funding for flagship carbon capture project

Energy companies have cut 197 million tonnes of CO2 emissions, but must reach government target of 293 million by December 2012

Project aims to have demonstration facility in place by 2015 with fully functioning plant built five years later

National Grid, ScottishPower and Shell unveil proposal to use existing gas line to pump CO2 from Longannet power station to North Sea

But National Grid predicts it may need to shut down turbines on windy days until new storage technologies are rolled out

Research and development base may be followed by wind turbine manufacturing facility, says South Korean engineering giant

ScottishPower Renewables receives planning permission to develop 10MW tidal array in the Islay Sound

Research highlights huge carbon storage potential beneath Moray Firth and predicts industry will support 27,000 jobs by 2020

Audit committee voices concerns over calls from energy giants for proposed bank to invest in nuclear power