cover image: 2023 THOUGHT LEADERSHIP - CCS IN EUROPE REGIONAL OVERVIEW - NOVEMBER 2023

20.500.12592/280ggc8

2023 THOUGHT LEADERSHIP - CCS IN EUROPE REGIONAL OVERVIEW - NOVEMBER 2023

15 Dec 2023

To underpin the long-awaited CCS strategy, the European Commission also commissioned two studies; one on the CCS Directive implementing report EU regulation for the development of the market for CO2 (October 2023) transport and storage and the other on the evolution of the extent and the investment requirements of a trans- In accordance with the CCS Directive, Member States European CO2 transport. [...] The European Commission Energy Transition Expertise Centre, a consortium then collected the different feedbacks to share the of consultancies and research organisations progress with the European Parliament and the Council monitoring and analysing trends in technologies of the EU. [...] October 2023, concludes that the CCS Directive has Released in May 2023, the objective of the report been correctly applied from 2019 to 2023 across the was to analyse options for a regulatory framework EU, acknowledges some progresses in Europe on the to support the infrastructure for CO2 transport and development and exploration of CO2 storage sites, and storage and business models in Europe. [...] The revised Guidance Documents of the CCS Directive aim to provide best possible support The strategy, initially announced for the end of 2023 but for operators and Competent Authorities in the now foreseen for Q1 2024 following the changes in the practical implementation of permitting procedures College of Commissioners, will cover what role CCS, in line with the CCS Directive. [...] the two countries agreed to establish a joint Task Force to follow up the results of an ongoing feasibility study Belgium and the Netherlands have also outlined plans in assessing the possibilities to transport hydrogen and the form of an MoU for the cross-national transport and CO2 across borders.
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Australia