Energy company E.ON has submitted an entry for £156 million in European funding in support of its proposed carbon capture and storage (CCS) development at Kingsnorth in Kent.
The company has already been short-listed in the Government's competition to demonstrate the capture, transportation and storage of carbon from a large-scale project, and now hopes to secure support from the European Energy Programme for Recovery (EEPR).
If built, the £1 billion Kingsnorth project would be the first coal-fired power station to be constructed in the UK in 20 years.
Andy Read, Clean Coal Business Development Manager for E.ON UK, said: "CCS is an essential technology for reducing global emissions, and needs to be developed rapidly if the UK, and Europe, is to play its part in the fight against climate change.
"Our vision is for Kingsnorth to act as the gateway to CCS development, and therefore to the decarbonisation of energy, through the creation of a ‘Thames Cluster' that could see power stations and industrial sites in the south east of England hooking up to a single carbon pipeline.
"The South East has the highest level of energy demand in the UK and we expect this to continue, particularly as we look to the electrification of transport, so the development of a proposal like this represents a truly world-leading opportunity for the region and for the country as a whole."
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