Local Labour Euro MP Linda McAvan has met with project leaders at Drax power station to discuss their application to build the project which could ultimately create 4,000 jobs
The EU is expected to make an announcement next month which will confirm if the White Rose CCS project at Drax has been successful in its application for funding, potentially unlocking upto 300 million euros from the EU.
Drax is the only project in Europe that has made it to the final stage of the application process and so hopes are high that the funding will be awarded.
The White Rose project is expected to generate in the region of 1000 construction jobs and at least 60 operational jobs
The project will be one of just three in the world and the first in Europe to pioneer Carbon capture and storage (CCS) technology, trapping carbon dioxide emissions and piping them into deep rock formations for permanent storage, in this case, beneath the North Sea.
Linda, who leads for all Labour MEPs on environmental matters has pushed for Yorkshire to reap the benefits of the EU funding competition.
"The government has already missed opportunities to unlock EU funding for CCS projects and so it is a great relief that both the government and the EU are working towards getting Europe's first CCS project the off the ground here in Yorkshire" said Linda.
The EU funding comes after the government committed to undertake a 2 year FEED (Front End Engineering and Design) study at Drax in December last year which comprises detailed engineering, design and planning work as well as identifying the funding requirements of the project. The government will look to make a final investment decision at the end of that 2 years with the EU funding tied to the government's commitment to co-finance the development.
The White Rose project is expected to generate in the region of 1000 construction jobs and at least 60 operational jobs, as well as having a knock-on effect benefitting local suppliers and businesses. It is hoped that the scheme will ultimately be extended to serve the whole of the 'Humber cluster' generating 4,000 skilled jobs to 2020.
Linda continued: "As well as the immediate jobs that the CCS project would create, the potential to export this technology, once developed, could also bring untold economic benefits to our region."
"The European Union is keen to invest in CCS technology in order to meet its ambitious climate action targets. With Yorkshire in the best position to deliver this project, I am hopeful that development will go ahead, allowing our region to reap the benefits of this huge pot of EU funding."
This is another example to UKIP that the EU is pivotal in the future of jobs and investment in Yorkshire, Yorkshire would not benefit from the 300m investment without being a member of the EU.
photo shows: Linda McAvan MEP and Dr Jim Doyle, Environmental Consents Officer at Drax