CCS in Europe – Regional Overview
23rd November 2023
Read the Institute's thought leadership report titled "CCS in Europe – Regional Overview" which maps the latest policy and regulatory frameworks developed and tested in Europe, the main funding mechanisms available for CCS developers at the EU and national level, as well as success stories of early CCS projects.
The momentum for carbon capture and storage (CCS) is continuing to build in Europe, where 119 commercial-scale CCS facilities are in various stages of development, and the importance of this technology in mitigating climate change and achieving EU climate targets is increasingly acknowledged.
Despite many European countries having made important advancements on the path to CCS deployment, more work is needed to reach our shared climate goals.
Authored by the Institute’s Ellina Levina (Senior Finance and European Affairs Manager), Mathilde Blanchard (Senior Policy and Advocacy Advisor – Europe) and Bruno Gerrits (Regional Business Development Manager - Europe), this publication provides readers with detailed information and key insights on a wide range of topics, including:
- The European Commission’s action plans referring to the Fit for 55 Package, the Green Deal Industrial Plan, the long-awaited EU industrial carbon management strategy and the Sustainable Carbon Cycles
- EU funds and state aid guidelines driving CCS deployment across Europe
- Supportive policy and financial frameworks improving the business case for CCS projects
- CO2 infrastructure projects in Europe
- Bilateral agreements, declarations and memoranda developed on CCS in the region
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