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Moomba CCS project in Australia’s Cooper Basin commences operations
22nd October 2024
In October 2024, the Moomba CCS project in Australia’s Cooper Basin was brought on-line, following successful commissioning and ramp-up. Moomba CCS is now one of the world’s largest operating CCS projects, with a potential to...
Topic(s): Australia, CCS Project
Germany Awards up to EUR 2.8 Billion Under the First Round of Climate Protection Contracts
18th October 2024
On 15 October, the Federal Ministry for Economic Affairs and Climate Protection (BMWK) announced the award of up to EUR 2.8 billion to support fifteen national companies in their decarbonisation efforts. The funding was granted...
Six EU Countries Call on the European Commission to Urgently Establish a CO₂ Transport Regulatory Package
14th October 2024
On 10 October, 6 European countries, namely France, Denmark, Germany, the Netherlands, Sweden and Finland, joined forces to urge the European Commission to establish an appropriate European framework for cross-border CO₂ transport infrastructure. This joint...
CCS in Denmark Gets a New Boost With Tendering Procedure Allocating DKK 28.7 Billion Under the CCS Fund
12th October 2024
On 9 October, the Danish Energy Agency published details of a new tendering procedure which will be used to grant DKK 28.7 billion (approximately USD 4.2 billion) to CCS, confirming Denmark’ s commitment to steadily...
UAE New Federal Decree-Law Underscores the Potential of CCUS in Contributing to the Country’s Climate Ambition
7th October 2024
At the end of August 2024, the UAE Cabinet released a new federal decree-law on the reduction of climate change effects, outlining CCUS as one of the climate change mitigation tools able to contribute to...
UK Commits to £21.7 Billion to Advance Carbon Capture Projects, Aiming to Become a Global Leader in CCUS and Hydrogen
5th October 2024
On 4 October, the UK government announced £21.7 billion of funding for carbon capture projects located in the East Coast Cluster and the HyNet cluster, marking a crucial step forward in the development of these...
Scotland Unveils Green Industrial Strategy, Highlighting CCUS as a Key Area of Opportunity to Drive Growth and Investments in the Country’s Net-zero Transition
16th September 2024
On 11 September, the Scottish government published its Green Industrial Strategy, outlining the potential role of CCUS in driving national investment and growth and help the country position itself as a leader in the emerging...
Draghi Report Calls on a Joint Plan for Decarbonization and Competitiveness of Europe via All Available Technologies and Solutions, Including CCUS
14th September 2024
On 9 September, the long-awaited report “The future of European competitiveness” authored by the Former European Central Bank President, Mario Draghi, was released, presenting a series of recommendations for the European Commission to support EU’s...
Q1 2024: CCS Facilities Update
29th August 2024
The number of carbon capture and storage (CCS) projects continues to rise in 2024. Please see below the CCS facility numbers as of Q1 2024, highlighting projects that are operational, under construction, in advanced development...
U.S. DOE Awards $44.5 Million to Advance US Carbon Transport, Storage, and Community Engagement
20th August 2024
This month, the U.S. Department of Energy (DOE) Office of Fossil Energy and Carbon Management (FECM) announced the selection of nine university and industry-led regional partnerships to receive $44.5 million in funding to advance commercial-scale...
U.S. DOE Releases Principles of Guidance for Responsible Development of Carbon Management Projects
9th August 2024
This week the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) released the final version of its Responsible Carbon Management Initiative Principles as part of the pilot phase of the...
France Outlines CCUS Trajectory in the Country’s Transition Towards Carbon Neutrality in Updated National Strategy
9th July 2024
On 4 July, the French Ministry for the Economy, Finance and Industrial and Digital Sovereignty released an updated version of its national CCUS Strategy, unpacking the state of play and future prospects for the deployment...