Romania's NECP shows commitment to CCS development, particularly in capture and funding. However, storage and transport infrastructure planning are still in early stages, leaving room for further refinement and clarity.

CO2 Capture: B

The NECP specifies a target for 2050 and provides measures that are meant to support the development of the technology moving forward. This is a clear B.

CO2 Storage: C

There is currently no target for CO2 storage, therefore this cannot be a B. However, given that the NECP demonstrates Romania’s interest in ensuring that there is sufficient storage in its territory – including onshore – shows that there is a commitment to deploying the technology.

CO2 Transport: C

The measures in the NECP do not outline immediate intention to support the development of CO2 transport infrastructure. However, it does show the intention to support the development of CO2 infrastructure, at the latest by 2027, making it a C.

Funding: B

The NECP outlines the funding required for CCUS by 2027 and identifies funding sources such as the Modernisation Fund. It also highlights the importance of private investment as a means of financing CCS. However, it does not explicitly focus on de-risking or state that any funding would be exclusively allocated to CCUS. If the funding applies to all technologies, it would fall under a C classification. That said, the direct mention of CCS needs and the indication that the Modernisation Fund will be accessible specifically for CCS suggest a move towards exclusive funding. Additionally, the development of funding measures specifically targeting CCS points in the right direction.