On Monday 12 June, the Innovation Fund for Carbon Capture and Storage (CCS) and the European Zero Emissions Technology & Innovation Platform (ZEP) called for implementation of investment and financing models needed to build the first infrastructure projects using carbon capture and storage technology and create the foundations for a thriving and sustainable European industry.
On Monday, the ZEP published a new report new report, “Fast Track CO2 Transport and Storage for Europe” (https://goo.gl/aZxMqD ). The report concludes that coordinated action is needed urgently to deliver the shared CO2 transport and storage infrastructure that will seed the first CCS clusters in Europe, delivering local and regional benefits whilst safeguarding vital European industries.
The ZEP said that they now needed to identify the first enabling pieces of infrastructure that can be quickly expanded and extended, by drawing on the lessons from the Rotterdam project in the Netherlands, the White Rose and Peterhead projects in the UK and the Norwegian CCS projects.
The ZEP insisted that, “Europe and its Member States have the collective capability and responsibility to deliver this vital European asset”. It added that the four CO2 transport projects submitted as Projects of Common Interest (PCI) under the Connecting Europe facility, are a step in the right direction to creating a European CO2 network. (Original version in French by Emmanuel Hagry)