Our webinar on the 16 December explored how hard-to-abate industries and CCS suppliers can collaborate to build strong value chains, leveraging EU and national financial mechanisms to de-risk investments and kickstart CCS projects. 

On 16 December we held our "CCS: A business opportunity for the EU" webinar, closing our 2024 events programme

With a group of speakers that included policymakers and stakeholders from across the whole CCS value chain (from technology providers to end-users), here are some of the key points raised in cased you missed our discussion:

• CCS is making rounds in the European Commission, and is now also becoming a key topic in the EU's DG GROW, reflecting that indeed CCS is also a key business opportunity for the EU beyond a necessary addition to our response to climate change.
• While natural gas (and by extension its infrastructure) will remain relevant for the next years, the possibility of repurposing gas pipelines for CO2 storage is a key way to minimise the impact of constructing brand new infrastructure.
• The combination of CCS, rising ETS prices and CBAM can boost the EU's role as a leader in the global effort to mitigate climate change, as it will force third countries to also decarbonise hard-to-abate sectors such as cement if they are to remain competitive.
• CCS will be a global industry but the EU is well positioned to take advantage of this new market. As such, CCS has the potential to contribute significantly to the EU's growth and re-industrialisation by contributing to new jobs and a specialised workforce.

Many thanks to our great speakers!

• • Alexandre Dedo, Legal / Policy Officer at ENER.C2 “Decarbonisation and sustainability of energy sources”, European Commission.
  • Gianluca Di Federico, CCUS Demand Generation Leader at Baker Hughes
  • Katharina Raub, Head of Brussels office at OGE
  • Paolo Testini, Director for CCS and Carbon Removals at Snam
  • Rob van der Meer, Industrial Policy Director, CEMBUREAU