Region: EU
CCSA EU Conference highlights appetite for European industry decarbonisation
CCSA appoints new EU Director to support the deployment of CCUS industry
CCSA Calls for UK-EU Action on Europe-wide CO₂ Market to Boost Energy and Product Security
Nuada and Carbfix Collaborate to Offer Complete Carbon Cpture and Storage Solutions
SSE and Siemens Energy announce hydrogen power acceleration partnership
A Europe-wide CO2 Market Can Reduce Storage Costs by 20%
[Brussels, 4 December] – The Carbon Capture and Storage Association (CCSA), the leading CCUS trade association in Europe, has released the report “Accelerating a Europe-wide CO2 storage market”.
The report, based on modelling and analysis by Xodus Group – is clear: enabling cross-border CO2 transport and storage is critical for reducing emissions efficiently and on time. The European Commission and national governments can make this a reality.
Expanding the CO2 market across Europe, including the UK, is an effective way to lower emissions and storage costs. As of right now, policy remains the largest obstacle to transporting CO2 across the EU-UK border, which would otherwise be technically feasible.
Cross-border CO2 transport and storage would create economic benefits for industrial emitters across EU Member States, other EEA countries and the UK, supporting existing and new jobs across Europe.
To do so, the European Commission and the UK Government can take concrete actions that would send a strong signal to European businesses. These actions are:
Establish a bilateral agreement between the EU and the UK under the Trade and Cooperation Agreement (TCA) to enable mutual recognition of each jurisdiction’s CCS regulatory regime.
Amend EU and UK Emission Trading Schemes to accommodate CO2 storage outside the EU and EEA.
As CCUS projects progress in the EU, Norway and the UK – with the first sites beginning operations as soon as 2026 – enabling cross-border CO2 transport and storage would make these systems more resilient.
We need to act quickly before higher-cost options are locked in and the opportunity is lost.
Olivia Powis, CEO of the CCSA said:
“A Europe-wide CO2 market is within reach, but policies are standing in the way. We can cut storage costs by 20% and save billions annually if the EU and UK break down these barriers, and make cross-border CO2 storage happen now. The future of the European industry and climate action depends on it.”
About the CCSA
CCUS, or Carbon Capture, Utilisation and Storage, is a key low carbon solution – vital to meeting the UK’s statutory Net Zero target at least cost. CCUS enables industrial decarbonisation as well as the production of clean power, clean products (such as cement and chemicals) and clean hydrogen – which can also be used to decarbonise industry. In addition, CCUS also enables greenhouse gas removal from the atmosphere through Direct Air Capture with Storage (DACS) or Bioenergy with CCS (BECCS).
The CCSA is the trade association accelerating the commercial deployment of CCUS, with offices in Brussels and London. We work with members, governments and other organisations to ensure CCUS is developed and deployed at the pace and scale necessary to meet net zero goals and deliver sustainable growth across regions and nations.
The CCSA currently has over 120 member companies who are active in exploring and developing different applications of carbon capture and removals, CO2 transportation by pipeline and ship, utilisation, geological storage, and other permanent storage solutions, end-users in the power, industry, waste management, fuels, and hydrogen production sectors, plus supply chain, engineering, construction and management, legal and financial consulting sectors.
For media enquiries please email pr***@************on.org
[ENDS]
A Europe-wide CO2 Market Can Reduce Storage Costs by 20%
[Brussels, 4 December] ? The Carbon Capture and Storage Association (CCSA), the leading CCUS trade association in Europe, has released the report ?Accelerating a Europe-wide CO2 storage market?.
The report, based on modelling and analysis by Xodus Group ? is clear: enabling cross-border CO2 transport and storage is critical for reducing emissions efficiently and on time. The European Commission and national governments can make this a reality.
Expanding the CO2 market across Europe, including the UK, is an effective way to lower emissions and storage costs. As of right now, policy remains the largest obstacle to transporting CO2 across the EU-UK border, which would otherwise be technically feasible.
Cross-border CO2 transport and storage would create economic benefits for industrial emitters across EU Member States, other EEA countries and the UK, supporting existing and new jobs across Europe.
To do so, the European Commission and the UK Government can take concrete actions that would send a strong signal to European businesses. These actions are:
Establish a bilateral agreement between the EU and the UK under the Trade and Cooperation Agreement (TCA) to enable mutual recognition of each jurisdiction?s CCS regulatory regime.
Amend EU and UK Emission Trading Schemes to accommodate CO2 storage outside the EU and EEA.
As CCUS projects progress in the EU, Norway and the UK ? with the first sites beginning operations as soon as 2026 ? enabling cross-border CO2 transport and storage would make these systems more resilient.
We need to act quickly before higher-cost options are locked in and the opportunity is lost.
Olivia Powis, CEO of the CCSA said:
?A Europe-wide CO2 market is within reach, but policies are standing in the way. We can cut storage costs by 20% and save billions annually if the EU and UK break down these barriers, and make cross-border CO2 storage happen now. The future of the European industry and climate action depends on it.?
About the CCSA
CCUS, or Carbon Capture, Utilisation and Storage, is a key low carbon solution ? vital to meeting the UK?s statutory Net Zero target at least cost. CCUS enables industrial decarbonisation as well as the production of clean power, clean products (such as cement and chemicals) and clean hydrogen ? which can also be used to decarbonise industry. In addition, CCUS also enables greenhouse gas removal from the atmosphere through Direct Air Capture with Storage (DACS) or Bioenergy with CCS (BECCS).
The CCSA is the trade association accelerating the commercial deployment of CCUS, with offices in Brussels and London. We work with members, governments and other organisations to ensure CCUS is developed and deployed at the pace and scale necessary to meet net zero goals and deliver sustainable growth across regions and nations.
The CCSA currently has over 120 member companies who are active in exploring and developing different applications of carbon capture and removals, CO2?transportation by pipeline and ship, utilisation, geological storage, and other permanent storage solutions, end-users in the power, industry, waste management, fuels, and hydrogen production sectors, plus supply chain, engineering, construction and management, legal and financial consulting sectors.
For media enquiries please email?pr***@************on.org
[ENDS]
A Europe-wide CO2 Market Can Reduce Storage Costs by 20%
No CCUS, no climate targets: CCUS must be a pillar of the Clean Industrial Deal
[Brussels, 27 November] – European Commission President Ursula von der Leyen vowed to publish a new Clean Industrial Deal in the first 100 days of her new mandate. The Deal will be crucial to ensuring not only that European industries can decarbonise, but also create the conditions necessary for them to remain in Europe.
As the EU faces industrial decline – with hundreds of thousands of jobs being lost – and the goal of net-zero emissions by 2050 on the horizon, the Clean Industrial Deal is tasked with the dual ambition of reversing deindustrialisation and accelerating decarbonisation. CCUS technologies emerge as crucial solutions to both these challenges: As stated at the Clean Transition Dialogue[1] in March, reversing deindustrialisation while reaching climate targets is not possible without investing in carbon capture. Therefore, the Clean Industrial Deal must cover CCUS.
The Carbon Capture and Storage Association (CCSA) – the largest European CCUS trade association, representing more than 120 members across the value chain – praises the European Commission for its strong support for CCUS deployment. The introduction of important pieces of EU legislation, such as the Industrial Carbon Management Strategy, outline clear objectives for the deployment of CCUS. Similarly, the Innovation Fund backs many CCUS projects across the EU. However, more needs to be done. If we do not want to lag behind countries forging ahead, like China or the United States, the EU needs to close the funding gap for CCS projects, which, according to the Industrial Carbon Management Strategy, could reach €10 billion by 2030[2].
Olivia Powis, CCSA CEO, said:
“Congratulations to the new College of Commissioners on their appointments, with special recognition to Executive Vice-Presidents Ribera and Séjourné, as well as Commissioners Hoekstra and Jørgensen. We look forward to close cooperation and collaboration in support of delivering an effective Clean Industrial Deal.”
“To reverse Europe’s deindustrialisation and reach net zero, the European Union must increase support in a stable and supportive environment for large-scale investments in clean technologies like CCUS. CCUS is the ace up our sleeve for a cleaner, competitive future. Time to deal it in by putting CCUS at the heart of the Clean Industrial Deal: let’s make this the moment we lead the world in building a clean, industrial powerhouse.”
About the CCSA
CCUS, or Carbon Capture, Utilisation and Storage, is a key low carbon solution – vital to meeting the UK’s statutory Net Zero target at least cost. CCUS enables industrial decarbonisation as well as the production of clean power, clean products (such as cement and chemicals) and clean hydrogen – which can also be used to decarbonise industry. In addition, CCUS also enables greenhouse gas removal from the atmosphere through Direct Air Capture with Storage (DACS) or Bioenergy with CCS (BECCS).
The CCSA is the trade association accelerating the commercial deployment of CCUS, with offices in Brussels and London. We work with members, governments and other organisations to ensure CCUS is developed and deployed at the pace and scale necessary to meet net zero goals and deliver sustainable growth across regions and nations.
The CCSA currently has over 120 member companies who are active in exploring and developing different applications of carbon capture and removals, CO2 transportation by pipeline and ship, utilisation, geological storage, and other permanent storage solutions, end-users in the power, industry, waste management, fuels, and hydrogen production sectors, plus supply chain, engineering, construction and management, legal and financial consulting sectors.
For media enquiries please email pr***@************on.org
References:
(1) – (European Commission). (2024). The clean transition dialogues – stocktaking / A strong European industry for a sustainable Europe. Retrieved from https://commission.europa.eu/publications/clean-transition-dialogues-stocktaking-strong-european-industry-sustainable-europe_en on 27 November 2024.
(2) – (European Commission). (2024). Industrial Carbon Management Strategy. Retrieved from https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52024DC0062 on 27 November 2024.
[ENDS]
CCUS must be at the heart of the Clean Industrial Deal – Open Letter
The CCSA has addressed an open letter to the new College of Commissioners.
“Dear President von der Leyen, Executive Vice-Presidents Ribera Rodríguez and Séjourné, and Commissioners Hoekstra and Jørgensen,
We urge you to consider carbon capture, utilisation and storage (CCUS) as a key decarbonisation tool in the Clean Industrial Deal that should be presented during the first 100 days of the new European Commission. The Carbon Capture and Storage Association (CCSA), the European trade association representing more than 120 members across the CCUS value chain, sees the Clean Industrial Deal as a vital policy instrument for Europe. Not just to accelerate the decarbonisation of Europe’s industries, but also to ensure these industries remain in Europe.”
Read the full Open Letter here:
CCSA_Clean_Industry_Deal_Letter