Hogan Lovells Advises on White Rose CSS Project
16 December 2013
LONDON, 16 December - Hogan Lovells has advised the Alstom-Drax-BOC Consortium, Capture Power, on the Department of Energy and Climate Change FEED Contract awarded to the White Rose Carbon Capture and Storage (CSS) Project, announced on Monday 9 December by Energy and Climate Change Secretary Edward Davey.
The c. £2 billion White Rose CCS Project, including carbon dioxide (CO2) transportation and storage solution, is the first to be allocated funds under the Government’s £1 billion CCS Commercialisation Programme. The White Rose CCS proposal includes a state-of-the-art coal power plant with full CCS that will be able to provide clean electricity to more than 630,000 homes, which is being developed by Capture Power. It also includes the planned development of a CO2 transport and storage network – the Yorkshire Humber CCS pipeline – which would have capacity for additional CCS projects in the area, and is being developed by National Grid. CCS allows the safe removal and permanent storage of CO2 emissions from coal and gas power stations, as well as from industrial processes.
The Hogan Lovells team advising Capture Power was led by Global Head of IPPF London partner Adrian Walker and senior associate Alex Harrison, supported by partners Andrew Briggs and Jacques Derenne, Of Counsel Chris Healey, and associates Hugo Lidbetter, Edward Southall and Claire Corbett.
Commenting on the project, Adrian Walker said:
"White Rose is a great project, for great clients, for Great Britain. It's all about a journey towards greener, secure energy supply and making peoples' lives better".
Hogan Lovells' Infrastructure, Energy and Resources group, spanning more than 200 lawyers across the globe, combines global reach and local knowledge to help clients deliver effective and sustainable infrastructure projects, advising on more than US$120 billion of closed infrastructure deals over the last two years.