Acorn and Scottish Cluster partners will receive around £200m in development funding after the Spending Review, marking the first-time government support of this scale has been provided for the project.

The funding also includes support for the National Gas SCO₂T Connect project, which will repurpose 175 miles of existing pipeline infrastructure providing a transport route for industry in central Scotland to Acorn’s CO2 storage.

Nic Braley, general manager, Acorn, commented: “We welcome today’s announcement in the Comprehensive Spending Review, confirming government development funding to advance the project towards the Final Investment Decision (FID) in this Parliament, an important step for the decarbonisation of hard-to-abate industries in Scotland.”

---