Global Trade Alert
Global Trade Alert

United Kingdom: Department for Energy Security and Net Zero launches GBP 30 billion "The Dispatchable Power Agreement Business Model"

Announcement

28 Aug 2024

In August 2024, the Department for Energy Security and Net Zero announced a scheme to support Power CCUS by incentivising natural gas fired power facilities to install and operate equipment to capture CO2 produced during electricity generation.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Aug 2024

Revocation date:

31 Dec 2045

Updated: 28 Aug 2024
Production subsidy In force
On 28 August 2024, the United Kingdom's Department for Energy Security and Net Zero announced the "The Dispatchable Power Agreement Business Model" programme, committing up to GBP 30 billion (USD 40.3...
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Updated: 09 Aug 2025
Financial grant In force
On 28 August 2024, the United Kingdom's Department for Energy Security and Net Zero announced the "The Dispatchable Power Agreement Business Model" programme, committing up to GBP 30 billion (USD 40.3...
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