The EU has decided to achieve carbon neutrality by 2050. While energy efficiency and renewable energy must and will remain the foundation of the EU's future energy priorities, carbon capture, utilisation and storage (CCUS) will be necessary to achieve this 2050 objective, notably during the transition. In some sectors with hard-to-abate greenhouse gas (GHG) emissions, such as cement, this is the only option for decarbonisation, and in other energy-intensive areas it will be needed for affordable GHG reductions during the energy transition period. CCUS using biomethane could also deliver negative emissions and be an important carbon sink. Finally, the use of carbon capture and storage (CCS) for producing low-carbon hydrogen could provide significant cost savings, again during the energy transition.
Despite the implementation of Directive 2009/31/EC ‘On the geological storage of carbon dioxide,’ the use of CCUS has been slow. Strong leadership by the European Commission is needed.
The adoption of a European Strategy for CCUS and a European Commission initiative to catalyse CO2 infrastructure could provide this necessary step change.
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The rewable energy resources within EU27 are highly dominated by wind and solar energy delivering electricity as output. As electrification is the most efficient way to deliver the energy services [...]
Manufacturing firms in the EU face the double challenge of decarbonisation and (international) competitive pressure. Based on the key findings of the 2024 EIB investment survey and considering the economic [...]
Regulation 1370/2007, as amended by the Fourth Railway Package, set the date of 25 December 2023 for the opening to competition of services subject to public service obligations. As opposed [...]
This policy brief contends that a new approach to Long Term Contracts (LTCs) in European competition policy based on new facts, new realities and a revised reasoning must be urgently [...]
In the North Seas region, a coalition of 9 countries expressed the ambition to quadruple their offshore wind capacity from 30 GW to 120 GW by 2030, and to then [...]
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