Implementation dialogue on carbon capture and storage in EU climate policy - barriers and enablers

Objectives and scope

This implementation dialogue will discuss the conditions and measures required to deploy carbon capture and storage (CCS) at scale, as the ongoing energy crisis is impacting industrial companies in Europe.

CCS is deployed via several programmes, including the Innovation Fund, the Connecting Europe Facility and Horizon Europe. It is essential for industrial decarbonisation. The scale-up of CCS:

• develops Europe as a global leader in the clean, competitive economy of the future,
• supports the EU’s clean transition,
• enables a just transition for European industry - preserving jobs, stimulating economic growth and diversifying supply chains into new industries.

The EU is a leader in CO₂ capture technologies and in CCS research, development, and innovation funding. It also hosts businesses with world-leading high-value carbon industrial carbon management inventions. The deployment of CCS will support this industrial leadership and contribute to achieving EU climate targets.

However, some challenges can slow down CCS deployment – for instance lack of funding, -slow permitting and negative public perception. Thus, the purpose of the implementation dialogue is to gather inputs for concrete measures to facilitate and accelerate CCS deployment.

Agenda

• Introduction and welcome
• Presentation on CCS in EU climate policy: funding, support frameworks and implementation challenges
• Discussion on challenges and way forward Conclusions and next steps

Stakeholder participation

Private companies across energy-intensive industries, transport, shipping, and carbon capture value chains, alongside startups, SMEs, business associations, civil society organisations, social partners, and regional and city public authorities.

Speakers

• Wopke Hoekstra, Commissioner