Responding to the announcement that the Acorn CCUS project in Aberdeenshire will receive funding as part of the UK Government’s Comprehensive Spending Review, Russell Borthwick, Chief Executive of Aberdeen and Grampian Chamber of Commerce, said:
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“We welcome the Government’s recognition that Acorn is of vital strategic importance to the energy transition. This is a case the Chamber has been making strongly over a number of years now.
“Alongside partners, we recently coordinated open letters to the Chancellor from Scottish businesses and elected representatives from across Scotland calling for the project to be progressed as an immediate priority – highlighting the huge potential to unlock £7billion in private investment, to protect and create thousands of high value jobs, and to support our supply chain through the transition.
“While we await further detail around the scale of government support, we hope it will allow work to proceed on the project’s preliminary stages and move it forward. The UK is going to require five CCS projects, at scale, to meet its climate targets – the North-east of Scotland has a vital part to play.”
