A low carbon EU should be inclusive with a comprehensive collection network enabling emitters large and small to connect to CO2 storage and create value in the Net Zero economy.
Developing such CO2 gathering networks & clusters linked to CO2 storage hubs via trunk pipeline networks and shipping routes is the lowest cost route to creating low carbon sustainable growth.
The EU has a number of large CO2 emission clusters, plus it benefits from world class CO2 storage formations. Connecting emissions clusters to the storage formations will often cross national boundaries – a regional collaborative approach incorporating adjacent member states is therefore needed.
A necessity for the creation of hubs and clusters, is policy supported by suitable (financial) instruments that can facilitate deployment.