Centrica Storage Limited (CSL) today launched the 2015 Caythorpe Gas Storage Environmental Support fund announcing it ‘open’ for qualifying applications in the East Riding parishes of Boynton, Burton Agnes and Rudston.
The Caythorpe environment support fund was launched on 31 January 2011 and has since supported a number of local environmental projects totalling £15,000. The environmental support fund is an annual payment of £5,000 for the planned lifespan of the Caythorpe gas storage project (24 years) – a planning commitment that CSL will continue to support over that period of time.
This year, the fund has been increased to £10,000 for one year only to try and attract more applications along with a broadening of the environmental definition and scope to encourage new and more innovative ideas from within the local communities.
Darren Oliver, a terminal manager within CSL who is responsible for the Caythorpe gas storage project, said: “I am delighted to announce that this year’s fund is open and I am hopeful that an increased pot of money linked to a more flexible and relaxed approach to determining the applications will result in more people and ideas coming forward. The projects we have been able to support so far have been hugely beneficial to the local communities surrounding our site and I look forward to seeing this year’s nominations for funding.”
Boynton Parish Councillor, Michael Smith (pictured), said: “Our parish is the closest to the site. We have benefitted greatly from this environmental support fund and Centrica’s generosity through their original community support fund which saw £150,000 spent on local good causes. Our latest project, funded by the company, has not only made the area more environmentally friendly and aesthetically pleasing, it has also improved safety within the village. Centrica have been very open and honest with us since day one and we are delighted that they continue to be a very good neighbour.”
Darren added: “CSL’s plan to develop a mid-range gas storage facility at Caythorpe is currently on hold. This is due to the current reduced price volatility in the UK Gas Market which is a key driver to the value of the project. CSL continues to keep the Caythorpe project under review.”
Centrica plc, the parent company of British Gas, acquired the Caythorpe Gas Storage site from Warwick Energy in September 2008. Centrica owns the onshore gas producing field near Bridlington in East Yorkshire, which is a substantially depleted onshore gas field located close to the National Transmission System.
CSL has planning permission for conversion to an onshore gas storage facility with a possible capacity of 7.5 billion cubic feet of gas.
Although there is no work taking place at the site at the moment, this fund will continue to be operated and allocated year on year.
The qualifying criteria and application form can be viewed by clicking here