- £200 million investment will accelerate the Acorn CCS project, supporting Final Investment Decision (FID) within this Parliament.
- 18 million tonnes of CO₂ capture capacity anticipated between Acorn and the Viking project, bolstering UK decarbonisation.
- Thousands of jobs created and protected, aiding industrial renewal and long-term energy security in Scotland and beyond.
The UK government has allocated £200 million to the Acorn carbon capture and storage (CCS) project in Scotland — marking the largest government funding commitment to the project to date. The investment, confirmed in the Chancellor’s Spending Review, is designed to drive the project toward a Final Investment Decision (FID) before the end of the current parliamentary term.
