The referred scheme is part of the Net Zero Hydrogen Fund (NZHF), designed to support low carbon hydrogen production in the 2020s. The goal is to decarbonise difficult-to-electrify sectors of the economy. The scheme relates to Strand 4 which focuses on providing capital expenditure (CAPEX) funding for new hydrogen production facilities equipped with Carbon Capture Use and Storage (CCUS) technology.
This Scheme will provide support for the costs incurred in developing Brownfield sites for housing in the Greater Manchester area and aims to support the delivery of at least 10,000 new housing units.
The overall budget of the Scheme is up to £500 million (deriving from the Brownfield Housing Fund, Brownfield Infrastructure and Land Funding agreement, and potential future funding
DCMS intends to award the National Theatre with a grant of £26,159,635 in a two-year programme of infrastructure works to carry out a series of repairs on its London South Bank estate. The grant will be administered and monitored by the Arts Council England.
Our key takeaways are that Subsidy Advice Unit (SAU) reports should:
This scheme will provide support to two Transport and Storage networks within the Transport and Storage Regulatory Investment Model and wider Government carbon capture, usage and storage (CCUS) programme.
Support under the scheme will be provided by a Revenue Support Agreement (balancing revenue collection with allowed revenue) and a Government Support Package (with three agreements covering decommissioning funding gaps, supplementary
The subsidy relates to a ‘DPA Scheme’ which is a business model for power carbon capture, usage and storage (CCUS) projects between a power plant developer and DPA contract counterparty.
The scheme is based on the contract for difference (CfD) model and will last between ten to fifteen years. Payments will be made on a regular basis (the Availability Payment)
The proposed subsidy is a grant to the Dover Harbour Board (“DHB”) to implement the Dover Border Access Improvement Project (the Project) which aims to improve infrastructure and reduce the incidence and extent of congestion on the strategic and local road network. The value of the grant is £45 million.
Our key takeaways from the Subsidy Advice Unit (SAU) report
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