EON WATCH

Rethink on ‘clean coal’ funding.

In Ed Milliband on February 27, 2009 at 1:16 am

Via the FT

By Ed Crooks

More than one “clean coal” power station could receive official funding, said Ed Miliband, energy secretary, yesterday, changing the government’s policy on backing for the technology.

This could be good for Powerfuel, owned by mining entrepreneur Richard Budge, which hopes to build a clean coal plant in Mr Miliband’s Yorkshire constituency that has not been eligible for support.

This dosent directly relate to EON as any second project would be in adittion to the CCS competition in which Kingsnorth is entered. The key question in the case of Kingsnorth is weather it is a good test site for CCS technology and weather having only 5% ccs on a coal plant is considered good enough by the uk govornment.

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