A UK Government taskforce has highlighted Peterhead as a key region to deploy Carbon Capture and Storage (CCS) technology, less than three years after Westminster cut a £1 billion fund to develop it.
A project backed by Shell and SSE at Peterhead Power Station was the preferred bidder to fit the new CCS technology when it was cancelled in November of 2015.
However, a new report by the Carbon Capture Utilisation and Storage Task Force (CCUS), has described the region as having “unique potential” for the project due to its links with the oil and gas industry.
At the time funding was withdrawn, industry figures described the move as “devastating” with days of political fallout following the decision.
Now Stewart Stevenson, the SNP MSP for Banffshire and Buchan, has condemned the UK government for wasting time and money by not realising the potential of the region.
