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THE DOWNVInD PROJECT HAS A BUDGET OF SOME €50 MILLION AND DURATION OF 60 MONTHS FROM THE START DATE IN SEPTEMBER 2005.

Talisman Energy (UK) Limited and their principal partner Scottish and Southern Energy are the main funders of the project with the other consortium members making contributions pro-rata to their role.

DOWNVInD is supported by the European Community as an Integrated Project and will receive €6 Million from the EC “Sixth Framework for Technology Development” Programme.

Funding ontributions of £3 Million each will also be provided by the UK DTI New & Renewables Energy Programme and the Scottish Executive Renewable Energy Development budget.

The DOWNVInD Project kicked off formally on September 14th 2004 for a 60 month duration. The RTD and Demonstration elements of the programme are running concurrently.

The attached timeline provides a high level overview of the work programme.