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As part of the European Council conclusions on the 2030 framework for climate and energy policies, the EU leaders agreed on the 23rd October to continue and extend the NER300 facility, a financing instrument launched in 2010 which raised over €2 billion for supporting installations of CCS and innovative renewable energy technologies.

Held to coincide with the Boundary Dam project launch, the event was attended by an audience of Parliamentarians and EP staff representing some of the key countries where CCS could play an important role: including the UK, Romania, the Netherlands, Germany and Poland. Attendees were briefed on progress achieved in Canada, the vital importance of ROAD Project in the Netherlands, and the role played by public engagement in acceptance of the technology. 

Today, the Norwegian Government presented its CCS strategy which contains broad R&DD activities, national full-scale demonstration in Norway and support to international deployment including funding of up to NOK 125 million in the framework of a joint EU/Members States initiative.

During the European Council meeting in March 2014 the Heads of State discussed the 2030 Climate and Energy Framework. The discussions on energy security dominated the agenda and a decision on climate targets is now delayed until October 2014. The European Council invited the Council and the Commission to analyse the implications for individual Member States of the proposed EU-wide targets for emission reductions and renewable energy and announced it will take stock of progress made on this issue at its meeting in June. However, the Council conclusions did not include CCS, despite the fact that the critical role of CCS in meeting EU and global climate targets cost-effectively has been made clear by the latest IPCC report.

The European Carbon Capture and Storage Demonstration Project Network recommends that the European Council takes account of the elements listed below in its further discussions at its meeting on 26th -27th June.

 

 

The European CCS Demonstration Project Network shared the latest activities and learnings from the CCS demonstration projects at a knowledge sharing event hosted by CIUDEN and held in the Technology Development Centre for CO2 capture, located in Cubillos del Sil in the vicinity of Ponferrada, Spain.

The Government is urged by MPs to end years of deliberation and invest in the White Rose Project, at the Drax power station near Selby, which will pioneer carbon capture and storage (CCS) technology before next year’s General Election. The Commons Energy and Climate Change Committee report calls for other CCS schemes, such as the Don Valley Power Project, to have the same access to Government support as other forms of energy such as offshore wind.

The International Energy Agency (IEA) has published the fourth volume of its Energy Technology Perspectives report, which concludes that business-as-usual is not an option if we are to transition to a sustainable energy future. The report underlines that Carbon Capture and Storage has a critical role to play in decarbonizing the power sector and energy intensive industries as well as supporting energy efficiency.

Article 38 of the Directive requires that a review report is submitted by the European Commission to the Council and the European Parliament by 31st March 2015. The evaluation aims at obtaining a comprehensive view of the current state of the CCS deployment in Europe and the functioning of the CCS Directive up to date. All relevant stakeholders are invited to participate.

Brussels is to grant €300m to a pioneering carbon capture and storage project in the UK. The move comes as the EU seeks to regain its lead in a technology seen as crucial in the fight against climate change. 
 

CCS power plants could be seen in the market if this is incentivized by regulation and/or if they become competitive with their unabated counterparts, if the additional investment and operational costs, caused in part by efficiency reductions, are compensated by sufficiently high carbon prices (or direct financial support)

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