UPDATE 1-UK attracts CCS funding interest from 16 bidders

LONDON, May 16 (Reuters) - At least 16 companies are
interested in participating in Britain's one-billion pound
competition to fund one or more carbon capture and storage (CCS)
projects, the government said on Wednesday, hoping to encourage
competitors to link projects together.
Companies including Shell, National Grid and
Centrica have signalled intention to apply for funding
but the government does not expect all registered bidders to
make a full application by July 3.
"This high lev

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