Northern Lights Project Concept Report

ZEP supports the EU’s objective of climate neutrality by 2050. While designing a strategy for a net-zero compliant energy system, ZEP believes that a technology-neutral approach should be privileged. All low-carbon technologies, such as CCS and CCU, that are scientifically proven and readily available, should be deployed to support a cost-efficient trajectory to climate neutrality.
ZEP supports the European Union’s commitment to climate neutrality by 2050, defined as net-zero greenhouse gas (GHG) emissions by 2050. To this end, carbon capture and storage (CCS) and carbon capture and utilisation (CCU) technologies play a crucial role. These technologies represent a readily available, cost-efficient pathway for the decarbonisation of industrial and energy sectors in the European Union. As shown by several modelling scenarios [1, 2], large volumes of CCS will be needed for the EU to achieve climate neutrality by 2050.
ZEP supports the EU’s commitment to climate neutrality by 2050, defined as net-zero greenhouse gas (GHG) emissions by 2050. Clean hydrogen will be a key technology for reducing emissions and achieving climate neutrality, since it provides a stable and flexible energy system, whilst meeting the needs and demands of the electricity, heat, transport and industrial sectors.
This 5-page report outline focuses on how to kick-start a European clean hydrogen economy. A more extensive report on this subject is planned for autumn 2020. This paper aims at providing input on how the European Commission can enable a European clean hydrogen market with clean hydrogen from natural gas with CCS.
The extended version of the report will expand on the technological matters of clean hydrogen production and hydrogen infrastructure, and will indicate what the necessary policy framework could look like.
The EU has set climate and energy targets for 2030, and aims to be climate-neutral by 2050. This initiative creates a classification system for sustainable economic activities (‘taxonomy’), and focuses on the EU’s environmental objectives on climate change mitigation and adaptation. This will create a common language that investors can use everywhere when investing inContinue reading “ZEP response to European Taxonomy for Sustainable Finance”
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”
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””
Breakthrough technologies CCS and CCU gain political momentum in European Green Deal
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.