Funding, Storage Capacity and Cost, the triptych of CCS in Europe
Project description
Carbon Limits conducted a review of the current status of CCS in Europe to raise awareness on key challenges for CCS and make it publicly available. The team published a set of 3 white papers and an interactive cost tool:
- CCS funding gap
In light of all the carbon capture and storage projects announced throughout Europe, will there be enough public funding to match these ambitions?
- CCS storage gap
In light of the increasing CO2 capture ambitions announced throughout Europe, will the region have enough CO2 storage capacity developed in time to meet demand?
- CCS vs renewables funding gap
How does funding allocated to carbon capture and storage projects compare to funding for renewable technologies?
- CCS cost tool
What are the carbon dioxide transport and storage costs in Europe? What are the indicative costs for the full value chain for each industrial emitter? How much carbon dioxide emissions can be abated according to different price levels?
The papers are available for download on the left panel. The tool can be accessed here.