News overview
Unlocking North Sea CO2 Storage for Europe18 November 2013From Scottish Carbon Capture and Storage (SCCS)
Practical actions for the next five years SCCS Recommendations and Conference Report 2013
The deployment of carbon capture and storage (CCS) on industrial CO₂ sources and power generation is essential if Europe is to meet its long-term climate change objectives, retain jobs and improve competitiveness. This will be impossible without the availability of CO₂ storage. However, the North Sea is the largest CO₂ storage resource in Europe and offers the ideal location for developing CO₂ transport and storage infrastructure.
In September 2013, leading CCS experts from across Europe gathered at the SCCS annual conference in Edinburgh to identify how the European Union can unlock the North Seas potential as a shared CO₂ storage resource. This report draws on the presentations and discussions that resulted, and sets out six key recommendations for accelerating action on CCS for Europe.
At this time when EU decision makers are considering future EU climate and energy policy, the report proposes actions that can be taken at EU and Member State level to create a business case for investment in CO₂ storage. It identifies how a clearer vision for CCS deployment, targeted incentives and practical actions can combine to kickstart low-cost, high-value investments in the capture, transport and storage of CO₂ in and around the North Sea. Report now availableFor the whole text and report please visit: http://www.sccs.org.uk/expertise/unlocking/ |