Government raises allocations to TCM and CLIMIT

TCM; CLIMIT; 2014 fiscal budget; Government  
In its 2014 fiscal budget, the Government proposes an increase in allocations to Technology Centre Mongstad (TCM) of NOK 150 million, while funding for the CLIMIT research programme will be boosted by NOK 30 million.
CLIMIT supports CCS-research
Photo: iStock.

​Published: 14102013

"Technology Centre Mongstad is the world's largest test centre for CO2 capture technologies, and plays a decisive role in the work to promote a climate technology that the world simply cannot do without. It is gratifying that the Government is increasing allocations to TCM and to research and development through CLIMIT," says CEO Tore Amundsen in Gassnova.

A total of NOK 200 million has been earmarked for the CLIMIT fund. Gassnova will receive NOK 164 million in administration subsidies, as well as for the work on following up the commitment to TCM, conclusion of the full-scale project, and the CCS feasibility study.

 

 

TCM; CLIMIT; 2014 fiscal budget; Government

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