EU Archives - Page 4 of 5

In light of the upcoming 2024-2029 EU legislative term, the Carbon Capture and Storage Association (CCSA) is delighted to announce the publication of the CCSA EU 2024 Manifesto: CCUS paving the way to a Net Zero Europe.

The CSSA EU Manifesto 2024 presents our vision on how European policymakers can establish the basis for the commercialisation of CCUS technologies and deliver a robust CCUS market in Europe.

We have identified the steps that the EU institutions, as well as EU Member States and neighbouring countries, need to take during the legislative term 2024-2029.

These are:

– Defining schemes to support CCUS investments.

– Europe-wide agreement on ambitious capture and storage targets.

– Emphasising the importance of clear regulatory frameworks for CO2 transport.

– Advancing international and cross-border cooperation.

– Support low carbon products.

– Build public support and project-level communications.

Discover more on the CCUS industry priorities for the 2024-2029 EU legislative term by downloading the Manifesto here.

How carbon removals can enable CCS business cases in Europe today. By Nicolai Mykleby-Skaara, Policy Advisor, Aker Carbon Capture

Posted on 15/03/2406/02/26 by ccsaweb

Introduction

As the world grapples with the urgent need to combat climate change, while being continuously reminded of our rapid approach to 2030 climate commitments, innovative business models and progressive policy incentives are emerging to reduce greenhouse gas emissions. Among these, bioenergy with carbon capture and storage (BECCS): using biomass for energy production while capturing and storing the resulting CO2. Otherwise known as permanent carbon removal, industrial carbon removal value chains are key to achieving carbon neutrality objectives enshrined in several national climate laws, however, incentives and policy provisions need to recognize the potential of facilities generating negative emissions and ensure a transparent and coherent framework to facilitate these projects.

These were some of the challenges the recent “Making CCS Happen Now” event hosted last month in London by Aker Carbon Capture, as part of the Carbon Capture and Storage Association Member Discussion Forum, sought to discuss with an excellent panel featuring industry stakeholders and experts.

Background

So far, 2024 has been an unprecedented year with several strong policy developments, especially in the EU with its Industrial Carbon Management strategy, proposed 2040 climate reduction targets of 90% compared to 1990 levels, with a strong emphasis on carbon capture, and a provisional agreement on the Net Zero Industry Act which is widely known for its 50 MTPA CO2 injection capacity target by 2030.

In the UK, the first Track-1 projects are expected to take their Financial Investment Decisions (FID) this year pending final negotiations between relevant projects and authorities. This will ultimately cater for CCS through a cluster sequencing approach to develop 4 industrial clusters by 2030 (Track 1: HyNET and the East Coast Cluster; Track 2: Acorn and Viking). These negotiations build on continuous funding business model developments over the last few years within Dispatchable Power (DPA); industrial Carbon Capture, including specific subsection for EfW (ICC); bioenergy with CCS (BECCS) and Greenhouse Gas Removals (GGR) which are all different in nature and technicalities. The outcome of the negotiations will result in many important ‘lessons learned’ for the next wave of projects and therefore we are at a particularly pivotal stage in the CCS development timeline with a precedent being set as we speak.

How to accelerate CCS and CDR timelines

Parts of the industry find themselves in a precarious position today with a highly intertwined value chain consisting of private actors and public authorities. Since many emerging projects are subject to and dependent on government funding, while also serving the greater purpose of inherently contributing to the nation’s climate obligations, developers and authorities are often presented with uncertainty and risk as they are embarking on these first-of-a-kind projects.

The Energy from Waste (EfW) sector is in a unique position as the incineration of municipal and industrial waste produces both fossil and biogenic CO2 emissions. The fraction of fossil vs biogenic CO2 in the flue gas stream from an EfW plant depends on the feedstock being incinerated, but in most municipal waste incineration facilities, it is typically around 50/50. If this CO2 is captured and stored, the fossil CO2 released from the incineration of waste can be abated, while capture of the biogenic CO2 emissions results in carbon dioxide removal, meaning that CO2 is removed from the atmosphere and the natural carbon cycle. The real challenge is how to account for the biogenic vs fossil contents of the captured CO2 – this will naturally be a significant part of credit creation, but also a determining factor if the fossil contents are tied into a carbon tax or emissions trading scheme.

A multitude of large private corporations have the same, if not more aggressive internal climate mitigation ambitions and are therefore finding ways of contributing to the financing of BECCS projects through off-taker agreements for high-integrity carbon removal credits. It is crucial to allow these investments to contribute in harmony with relevant government support schemes that are also helping finance the first projects to be economically viable. This was a significant enabler in the major Ørsted Kalundborg Hub BECCS project that Aker Carbon Capture was awarded in May 2023, which for the customer will deliver over 430,000 tonnes of high-integrity carbon removal credits. A significant amount of these credits will be purchased by Microsoft over more than ten years to contribute to its commitments of being carbon negative in 2030 and removing its historical emissions by 2050.

Conclusion

The first initial projects will provide a blueprint to guide the industry as it grows and transitions away from government financing. The current active policy provisions and continuous development is what needs to instil enough confidence and predictability in emitters that are looking for solutions to reduce their carbon dioxide emissions. What really matters now is that the first wave of projects cross the finish-line and are implemented successfully, such as those in the UK Track-1 process, and that the industry, policymakers, and other stakeholders extract valuable lessons learned for what enabled these projects to move ahead to accommodate future opportunities, for instance with the build-out of scalable transport and storage infrastructure that future emitters can tie into. In the grand scheme of things, knowledge-sharing and transparent cooperation between countries should be encouraged as the challenges we all face are not limited to borders and we need to work together to find common solutions.

Take a look at the event highlights on YouTube here.

CCSA Member Discussion Forum, “Making CCS Happen Now”, hosted by Aker Carbon Capture on the 1st of February 2024

European delegation visits North-Eastern carbon capture clusters amid push to deploy technology across the UK

Posted on 12/03/2406/02/26 by ccsaweb

[London, 12th March 2024] – Last week, European diplomats visited carbon capture business in the north of England to witness the roll out of the vital technology across the UK’s industrial regions and explore how the rollout of the UK Carbon Capture, Utilisation and Storage (CCUS) industry can support the UK and EU’s journey to net zero and boost economic investment into the UK.

Officials from the EU Delegation to the UK and nine EU Member States spent two days carrying out fact-finding visits in the Humberside and Teesside clusters, supported by the Carbon Capture and Storage Association, (CCSA.)

On March 7, the group viewed the Humber Freeports, including visits to the Phillips 66 Immingham Refinery, and the CATCH Skills Training Facility, where they met with partners of Viking CCS, one of the UK’s ‘CCUS Clusters’. On March 8, the delegation met innovative, Leeds based Carbon capture technology developer, C-Capture, before travelling to see the Teesworks Skills Academy and meet members of the East Coast Cluster, including BP, the Northern Endurance Partnership and Net Zero Teesside Power.

A networking event was held in Leeds to facilitate discussions between the delegation, CCSA members and UK CCUS industry partners and government representatives. The visit emphasised the importance of collaboration in advancing CCUS technology innovation.

Deployment of CCUS technology is vital for meeting the UK’s Net Zero targets. It will enable energy intensive industries making products such as cement and glass to continue manufacturing in the UK while still cutting emissions. As a result, CCUS technology is expected to generate 70,000 new skilled jobs and protect 77,000 existing jobs.

CCSA analysis suggests UK CCUS companies could attract up to £30 billion in private sector investment by 2030 if the Government puts in place the right support now. This will ensure the industry becomes self-sustaining while helping to meet government targets of capturing 20-30 million tonnes of CO2 by 2030.

Olivia Powis, UK Director at the CCSA, said:

“This visit highlights the positive progress in driving policy development and facilitating the deployment of CCUS technologies both in the UK and across the EU.

“We were pleased to support the European delegation’s visit and give them the opportunity to see Viking CCS and the East Coast Cluster as well as an overview of the significant progress being made in the UK’s industrial regions towards achieving net zero ambitions through CCUS technology. By fostering dialogue and collaboration with our European partners, we are helping to secure a sustainable and low-carbon future while safeguarding critical industries in the UK and across the EU.”

The members of the European Delegation said: ”During this insightful two-day visit, we have witnessed the progresses of two UK clusters committed to decarbonise crucial industrial sectors of the UK economy that account for a significant portion of UK emissions. We have observed the determination with which these stakeholders are working in achieving these objectives and helping UK in its journey toward net zero.”

The European delegation included members of the EU Delegation to the UK, of the Embassies of Poland, Hungary, Slovenia, Croatia, Latvia, Germany and France, and of Advantage Austria.

Notes to Editors

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 the production of clean power, clean products (such as steel and cement) and clean hydrogen – which can then be used to decarbonise heating and transport. In addition, CCUS also enables greenhouse gas removal from the atmosphere through Direct Air Capture with Storage (DACS) or Bioenergy with CCS (BECCS).

The Carbon Capture Storage Association (CCSA) is the lead European association accelerating the commercial deployment of CCUS. 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 100 member companies who are active in exploring and developing different applications of carbon capture, CO2 transportation by pipeline and ship, utilisation, geological storage, and other permanent storage solutions, as well as members from management, legal and financial consulting sectors.

For media enquiries please email pr***@************on.org

To find out more about the CCSA please visit the CCSA website at http://www.ccsassociation.org/

CCSA welcomes the publication of the EU Industrial Carbon Management Strategy

Posted on 06/02/2406/02/26 by ccsaweb

Today, the European Commission published its ground-breaking Industrial Carbon Management Strategy, marking a pivotal moment in the EU’s plans to fight climate change.

The Industrial Carbon Management (ICM) Strategy, unveiled by the European Commission, positions Carbon Capture, Utilization, and Storage (CCUS) technologies as central to the European Union’s climate policy.

This strategic move underscores the critical role of CCUS in achieving the ambitious goal of Net-Zero emissions by 2050.

Speaking on the significance of the ICM Strategy, Joop Hazenberg, EU Director of the CCSA, expressed, “The Industrial Carbon Management Strategy is an important leap forward towards establishing CCUS in Europe. We applaud the European Commission for championing CCUS and fostering an environment conducive to increased investments in European projects, which the strategy acknowledges are critical to achieving EU CO2 reduction targets and securing the future of European industries.”

Key Highlights:

Annual capture of 450 million tonnes of CO2 by 2050
Standards for CO2 transport and storage
EU-wide CO2 storage atlas

This strategic framework sets a clear path for the deployment and scaling of CCUS technologies, ensuring Europe’s transition to a sustainable and Net-Zero future.

For media enquiries, please contact:

Stefano Miriello – st**************@************on.org

Andres Vilan – an**********@************on.org

Carbon Capture and Storage Association & Zero Emissions Platform Publish Joint Report on CO2 Transport by Ship in Europe

Posted on 09/01/2406/02/26 by ccsaweb

Today, the Carbon Capture and Storage Association (CCSA) and the Zero Emissions Platform (ZEP) released a joint report, “Achieving a European market for CO2 transport by ship.” This report looks into the emerging market for CO2 transport by ship, an integral part of deploying the full CCS value chain across Europe and critical for industrial decarbonisation. With a steady stream of new CCS projects, it is essential to outline the scope of the CO2 shipping market and create the right conditions for its deployment.

The report aims to provide policymakers with clear policy and technical recommendations, focusing on:

Mapping the European market for CO2 transport by ship for 2030.
Assessing the interoperability of CO2 transport by ship.
Identifying barriers and enablers for the commercialisation of CO2 transport by ship.

The findings and recommendations in this report are the result of the collaborative efforts of the CO2 transport by ship Working Group, convened by ZEP and the CCSA.

Read the report here.

Download the report infographic here.

About Zero Emissions Platform: The Zero Emissions Platform is a collaborative initiative driving the development of CCS technologies and advocating for their implementation to achieve a zero-emission future. Visit the Zero Emissions Platform Website here.

Markets and Mandates – How best to drive pace in CCS deployment?

Posted on 28/11/2306/02/26 by ccsaweb

Markets and Mandates: How best to drive pace in CCS deployment?

A new briefing paper: Briefing Note. Markets and Mandates – How best to drive pace in CCS deployment out today from the CCSA, Oxford Net Zero and the Carbon Balance Initiative kicks off work to explore the role of markets and mandates in driving CCS in order to reach net zero by 2050. The briefing has been developed based on existing positions in the spirit of posing questions and prompting discussion and feedback. This paper is deliberately designed to not reach any conclusive positions at this stage.

Focusing particularly on policy options for scaling up CO2 storage, the paper sets out three key types of policy mechanism and drills into one potential option: a carbon takeback / storage obligation.

This briefing paper will form the basis of a roundtable that the three parties are holding during COP 28 in Dubai, to explore the issues and considerations around market and mandate measures, in order to identify the key questions and suggest a scope for later economic modelling work that we hope will be taken forward as part of the wider industry workplan, following the publication of the CCUS Vision work anticipated next month.

If you are interested in finding out more about the CCSA’s work on markets and mandates, please contact Rebecca Bell (Re**********@************on.org).

CCSA Position Paper on Storage Obligations Schemes

Posted on 20/07/2306/02/26 by ccsaweb

This is the CCSA’s latest position on carbon storage obligations. Building on our previous outputs in this area and following discussion with CCSA members, we have today:

Co-signed a letter with other European organisations to support the EU’s carbon storage target; and
Committed to further analyse the role such obligations could play alongside other drivers for the commercial deployment of CCUS.

Download the paper here.

CCSA paper – Storage obligations

CCSA and Endrava AS combine forces to accelerate CCUS

Posted on 12/04/2306/02/26 by ccsaweb

The Carbon Capture and Storage Association (CCSA) and Endrava AS are combining forces to accelerate the deployment of decarbonisation solutions, particularly within the field of Carbon Capture Utilisation and Storage (CCUS).

Endrava will provide access to CaptureMap, a powerful map-based platform that identifies large CO2 emitters, to the CCSA for its internal use. Additionally, current and new CCSA members will receive subscription discounts to CaptureMap, along with complimentary data analysis sessions.

CaptureMap was created five years ago as part of a project for Offshore Norge. Realising the utility of the tool and for the purpose of accelerating the pace of CCUS project development, Offshore Norge generously allowed Endrava to commercialise CaptureMap. The first user on board was the Northern Lights project (a JV between Equinor, Shell and TotalEnergies), who effectively leveraged CaptureMap to build a list of potential point source CO2 emitters in Europe for their transport and storage value chain.

Eric Rambech, co-founder of Endrava, expressed his excitement about the collaboration, saying, “Major energy producers and equipment manufacturers are already using CaptureMap. The collaboration with the CCSA is an important milestone in making CaptureMap known and available to even more actors in the value chain, creating a common platform of understanding for finding the best point source emitters for CCUS. We’ve been impressed with the skill, drive and success of the CCSA over time now, and are therefore thrilled to launch this collaboration together with them.”

Ruth Herbert, CEO of the CCSA commented on the exciting new collaboration, saying “CaptureMap is a fantastic tool that we believe could help support many of our members to identify and realise their customer base for future CO2 infrastructure, thus enabling increased investment in further storage sites. Given the long lead-in times, early investment in CO2 transport and storage assets will be vital to meeting demand for CCUS, which we expect to accelerate from the late 2020s onwards.”

To find out more about CaptureMap or to set up a free trial please visit the website at https://www.capturemap.no/.

For any further enquiries, or to access the member benefits, please contact Eric Rambech by email at er**@*****va.com

NOTES TO EDITORS

About Endrava:

Endrava is a Norwegian climate-tech company founded in 2016. We’re engineers by training, passionate about the use of public data to mitigate climate change. Our product is called CaptureMap: a map-based platform that shows large industrial CO2 emitters globally. CaptureMap helps organisations find and focus on the best decarbonisation projects.

About the CCSA:

The CCSA is the lead European association accelerating the commercial deployment of CCUS. 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.

To find out more about the Carbon Capture Storage Association (CCSA) please visit the CCSA website at http://www.ccsassociation.org.