"The outgoing government in Norway has buried much-vaunted plans to capture carbon dioxide and store it underground amid mounting costs and delays."
"Norway dropped plans for a full-scale carbon capture plant at its Mongstad refinery after cost overruns and delays, ending a project that was dubbed as the country's "moon landing" by Prime Minister Jens Stoltenberg."
"The effort was criticized this week by the nation's Auditor General, which said the test center project was 1.7 billion kroner [£180 million] over budget, according to a statement on Sept. 17. In total, the government said it has spent about 7.2 billion kroner [£820 million] on carbon capture, including 1.2 billion kroner [£130 million] on the full scale project."
In the UK the story continues...
Carbon capture and storage (CCS)
"What we are doing
We are working with industry to create a new cost-competitive CCS industry in the 2020s. Our support for the development of CCS includes:
.a £1 billion commercialisation competition to support practical experience in the design, construction and operation of commercial-scale CCS
.a £125 million, 4-year co-ordinated research, development and innovation programme
. reform of the UK electricity market so CCS will be able to compete with other low-carbon energy sources"
There are now two prefered bidders for the billion pound funding bonaza
CCS Commercialisation Competition
".Peterhead Project in Aberdeenshire, Scotland - a project which involves capturing around 90% of the carbon dioxide from part of the existing gas fired power station at Peterhead before transporting it and storing it in a depleted gas field beneath the North Sea. The project involves Shell and SSE."
".White Rose Project in Yorkshire, England - a project which involves capturing 90% of the carbon dioxide from a new super-efficient coal-fired power station at the Drax site in North Yorkshire, before transporting and storing it in a saline aquifer beneath the southern North Sea. The project involves Alstom, Drax Power, BOC and National Grid."
Both projects might win the competition for a share of a billion pounds: "A final investment decision will be taken by the Government in early 2015 on the construction of up to two projects."
Given that a billion wasn't enough for one project before, and the Norwegians have just spent nearly a billion on a failed program; this might be a clue that a billion pounds doesn't get you very far in the world of full scale CCS technology demonstrators.