Past Event
Role and importance of CCS in the Net-Zero Industry Act
When
Where
Members of the ITRE and ENVI Committees will be aware as they discuss the Net-Zero Industry Act that major industrial sectors - cement, lime, steel, chemicals, waste-to-energy - can see no way of achieving the net-zero ambition without at least some use of carbon capture and storage technology (CCS).
Ursula von Der Leyen announced last March that the EU will need to store 300 million tonnes of CO2 annually by 2050, to achieve the continent’s neutrality objectives. Currently no tonnes are being stored across the EU.
So it is very welcome that, thanks to Denmark, the first Final Investment Decision to support a full-chain CCS project within the European Union has now been taken. The Kalundborg project is intended by 2026 to start capturing 430,000 tons of CO2 annually for permanent injection into rock deep off the coast of Norway. As the source is biogenic the result will be negative emissions, reducing the CO2 already in the atmosphere.
The importance that the Commission has attached to CCS within the NZIA is a game-changer and the European Parliament has an opportunity now to stress the need to accelerate CCS deployment further.
Agenda:
8h00-8h10: Welcome remarks by Chris Davies, CCS Europe Director and Tour de Table
8h10-8h20: Presentation by Bellona and Clean Air Task Force: What is CCS? How safe is it? Followed by comments and reactions from CCS members and Q&A
8h20-8h30: Presentation by Danish Shipping: CCS developments in Denmark
8h30-9h10: Roundtable discussion with industry into role CCS in NZIA and national contexts
9h10-9h15: Concluding remarks