Carbon capture and storage (CCS) is a set of technologies aimed at capturing the carbon dioxide (CO2) emitted from industrial plants, transporting it to a storage site and injecting it into suitable underground geological formations for the purpose of permanent storage. CCS can be applied on industrial installations and in power plants or it can be used to produce low-carbon hydrogen in the first stage of implementation of the EU Hydrogen Strategy.
The Commission has already adopted a series of state aid decisions in Europe to promote CCS technologies. For instance, a €1.1 billion Danish scheme was approved to support the roll-out of CCS technologies, to reduce CO2 emissions and boost decarbonisation of industrial processes.
Cleary posts:
- January 13, 2022: Commission approved the €1.1 billion Danish scheme to support carbon capture and storage initiatives