A CCS industry to support a low-carbon European economic recovery and deliver sustainable growth

Europe and the world are facing an unparalleled economic crisis as a result of the COVID-19 pandemic. Large public investments will need to be mobilised over the coming years to stimulate economic recovery. European recovery can go hand in hand with the ambitions of the European Green Deal –  to reach net-zero GHG emissions byContinue reading “A CCS industry to support a low-carbon European economic recovery and deliver sustainable growth”

ZEP response to “Roadmap on Carbon Border Adjustment Mechanism”

Europe’s efforts to go climate-neutral by 2050 could be undermined by lack of ambition by our international partners. This would mean a risk of carbon leakage. This occurs when companies transfer production to countries that are less strict about emissions. In such case global emissions would not be reduced. This new mechanism would counteract thisContinue reading “ZEP response to “Roadmap on Carbon Border Adjustment Mechanism””

ZEP Position Paper: A new long-term strategy for Europe’s industrial future

CO2 underground storage is a safe and mature technology ready for broad implementation, as evidenced by over twenty years of successful storage offshore in Norway, combined with more recent onshore storage in Canada and the USA. In Europe, CCS benefits from a clear set of regulations and requirements under the 2009 EU CO2 Storage Directive that ensure the identification of appropriate storage sites and the safety of subsequent operation.

ZEP comment to “Roadmap on European Climate Law”

This act writes into law the goal set out in the European Green Deal – for Europe’s economy and society to become climate-neutral by 2050. This means achieving net zero emissions for EU countries as a whole, mainly by cutting emissions, investing in green technologies and protecting the natural environment. The act will ensure thatContinue reading “ZEP comment to “Roadmap on European Climate Law””

Innovation Fund technical workshop – feedback from the Zero Emissions Platform

Zero Emissions Platform (ZEP) would like to thank the European Commission for the opportunity to be part of the technical workshops on 5 and 6 February.

ZEP is delighted to see that the Innovation Fund has benefitted from the in-depth NER300 post-investment review. Among the many lessons learned, the most important one was that the difficulty arising from the counterparty risk due to the full value chain applications, hindered many CCS projects from successfully seeking funding from the NER300.

The cost of subsurface storage of CO2

CO2 underground storage is a safe and mature technology ready for broad implementation, as evidenced by over twenty years of successful storage offshore in Norway, combined with more recent onshore storage in Canada and the USA. In Europe, CCS benefits from a clear set of regulations and requirements under the 2009 EU CO2 Storage Directive that ensure the identification of appropriate storage sites and the safety of subsequent operation.

ZEP Conference on CO2 Transport and Storage Infrastructure

On 28 January, the Zero Emissions Platform organised a conference on “How European CO2 Transport and Storage infrastructure can enable an innovative industrial transition” at the European Parliament. The conference was hosted by Tom Berendsen MEP (EPP, NL) and Jens Geier MEP (S&D, DE). The conference was well attended with a turnout of almost 100Continue reading “ZEP Conference on CO2 Transport and Storage Infrastructure”

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