REGULATORY · MARKET STRUCTURE · COMPETITIVE · UK
UK government funds reopening of CO2 plant
Change
The UK government granted up to £100 million to reopen the mothballed Ensus CO2 plant on Teesside.
Why it matters
The grant will restart the Ensus plant for an initial three-month period, restoring a domestic CO2 source crucial to drinks and nuclear sectors. This reduces immediate risk of supply shortages but introduces short-term reliance on public funding and leaves long-term market supply solutions more uncertain.
Implications
- · Short-term CO2 availability for beverage and nuclear users will be restored.
- · The government is committing up to £100 million to support the restart operation for an initial period of operation .
Who is affected
- · drink and beverage producers
- · nuclear industry operators
- · Ensus plant operators
Source
Topics
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