The European Commission in its revision of the EU Renewable Energy Directive (REDII) has proposed a 2030 target for ‘low-emission and renewable fuels’. ZEP has published this briefing paper from May 2017, setting out the position of the Platform on how Carbon Capture and Utilisation (CCU) should be treated within the Renewable Energy Directive.
Post type Archives
Input on the design of funding modalities
The European Commission proposed in its Summer Package 2015 that the existing NER300 programme should be replaced by an Innovation Fund under Phase IV of the EU Emissions Trading System, made up of an initial endowment of 450 million allowances. This Fund, supplemented by a Modernisation Fund for eligible Member States, would support the deploymentContinue reading “Input on the design of funding modalities”
An executable plan for enabling CCS in Europe
Executive summary Emitting CO2 to the atmosphere is currently much cheaper than storing it safely underground. Emitters can pay an ‘ETS wergild’ and are divorced from all the consequences of their actions, yet if they try to sequester CO2, they risk taking on liability for decades under the CO2 Storage Directive. Those factors serve, alongContinue reading “An executable plan for enabling CCS in Europe”
ETS revision: critical steps to roll out CCS
The revision of the EU Emission Trading System (ETS) is a timely and critical undertaking. ZEP believes that the ETS should remain the principal tool for EU climate policy, providing a predictable, meaningful, and robust carbon price and serving as a long-term driver for CCS. It should promote decarbonisation as well as effective funding ofContinue reading “ETS revision: critical steps to roll out CCS”
CCS: an essential technology to reconcile EU energy security with climate objectives
Together with renewables and energy efficiency, CCS is a key technology to improve EU energy independence, diversity, and security of supply while affordably achieving climate objectives and contributing to EU economic growth and competitiveness. Deployed in power generation (coal and gas) and energy-intensive industries, CCS will ensure that the EU uses an energy which isContinue reading “CCS: an essential technology to reconcile EU energy security with climate objectives”
Maintaining the momentum to deliver energy, climate and societal goals
The European Commission has confirmed that Europe cannot be decarbonised cost-effectively – and maintain security of energy supply – without CCS. Yet its benefits go far beyond that of climate change mitigation: with annual investments worth billions of euros, CCS will create and preserve jobs, boost industry and fuel economic growth, ensuring Europe remains competitiveContinue reading “Maintaining the momentum to deliver energy, climate and societal goals”