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Reuse of unspent NER300 funds (1)

An important opportunity has arisen to utilise unspent NER300 funds and deliver tangible progress ... More »

CCU in the EU ETS: ZEP Policy Briefing, November 2016

In April 2016 the Zero Emission Platform (ZEP) published a report on Carbon Capture and ... More »

CCU - Carbon Capture and Utilisation

ZEP Network Technology produced a report on Carbon Capture and Use/Utilization (CCU) in April 2016, ... More »

CCS: an essential technology to reconcile EU energy security with climate objectives

Together with renewables and energy efficiency, CCS is a key technology to improve EU energy ... More »

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Marie Donnelly (EC DG Energy) at ZEP...

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ZEP strategy paper: maintaining the momentum to deliver energy, climate and societal goals

  • Publisher: ZEP
  • Issued: 16/11/2013

The European Commission has confirmed that Europe cannot be decarbonised cost-effectively – and maintain security of energy supply – without CCS.

Yet its benefits go far beyond that of climate change mitigation: with annual investments worth billions of euros, CCS will create and preserve jobs, boost industry and fuel economic growth, ensuring Europe remains competitive on the world stage as a leader in low-carbon energy technologies.

But the window of opportunity is closing fast. In order for CCS to be widely deployed by 2030 – and deliver EU climate targets – the following is urgently required:

  • A solid business case for CCS: as the carbon price is likely to remain low in the 2020s, transitional support measures for CCS demonstration and early deployment projects are essential. Structural reform of the EU ETS is also urgently required – in particular, setting a tighter cap out to 2030.
  • A long-term signal for investors, including the full integration of CCS into legislative proposals for the EU 2030 energy and climate framework.
  • An infrastructure development plan, including business models which align commercial interests across the entire CCS value chain – with any legal barriers or other blockers resolved.

Download ZEP’s position paper below.

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