Clean coal plan bosses set to meet investors

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BOSSES behind a threatened clean coal power station plan will meet investors before making any decision on the future of the scheme.

No decision is expected until next week despite the Stainforth scheme being overlooked by the Government for a shortlist of four projects which will receive taxpayer funding.

A spokesman said 2CO, the company which is behind the scheme, was trying to get more information on the Government’s decision.

The company already had cash promised by the EU but has stated that, without government funding, it cannot go ahead with its plans to build a power station and a pipeline to take carbon dioxide into empty oil wells in the North Sea for storage.

A spokesperson said: “We have to talk to the investors now.”

The scheme was due to be built on land next to Hatfield Colliery, and was originally devised by RJB Mining, which at that stage also owned the mine, which it planned to use to provide coal for the power station.

A spokesman for Hargreaves Services, which now manages the colliery, said he was unable to comment on how any change in the power station plans would affect the pit.

Meanwhile, a South Yorkshire business leader has added his voice to those raising concerns over the Government’s decision not to include the Doncaster scheme on its shortlist.

James Newman, chairman of the Sheffield City Region Local Enterprise Partnership, said he was extremely disappointed and wants a meeting with ministers to discuss the decision.

He said: “We cannot understand why the Government has decided not to support this bid which is the UK’s most advanced project and Europe’s top ranked carbon capture project.

“This decision has seriously jeopardised plans to create a European centre for cleaner energy production which would have had a huge impact on the economic growth of not only the Sheffield City Region, but also Leeds and Humber LEP areas - creating thousands of jobs.”