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.
In April 2016 the Zero Emission Platform (ZEP) published a report on Carbon Capture and Use/Utilization (CCU), which highlighted the potentially important economic and climate impacts that different types of CCU could have in Europe. The report concluded that whilst CCU could have a key role in terms of unlocking the business case for CO2 captureContinue reading “CCU in the EU ETS”