Acquisition boosts awareness of carbon capture and storage
2Co takeover of Powerfuel could improve profile of carbon capture and storage
2Co Energy has acquired Yorkshire-based power company Powerfuel, including its Hatfield carbon capture and storage (CCS) project, described by 2Co as one of the most advanced in the world.
2Co chief executive Lewis Gillies commented that the project required considerable political will to make it happen – potentially, however, it could serve to heighten awareness of carbon capture in the UK and Europe, where the technology is still not widely understood. "Very few people understand what carbon
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