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Fast Track CO Transport and Storage For Europe: European Zero Emission Technology and Innovation Platform

The document provides recommendations from the European Zero Emission Technology and Innovation Platform's TWG Fast Track Transport and Storage working group to identify and fund key carbon capture and storage infrastructure projects in Europe. It identifies 8 key areas to accelerate CCS projects, including improving access to geological storage data, fully appraising promising storage sites, developing strategic transport and storage plans, establishing effective market structures and regulations, providing incentives for flagship projects, strengthening communication around CCS, and promoting technology sharing. The recommendations aim to save time and resources for first-of-a-kind CCS projects by coordinating activities across countries and industries.

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41 views4 pages

Fast Track CO Transport and Storage For Europe: European Zero Emission Technology and Innovation Platform

The document provides recommendations from the European Zero Emission Technology and Innovation Platform's TWG Fast Track Transport and Storage working group to identify and fund key carbon capture and storage infrastructure projects in Europe. It identifies 8 key areas to accelerate CCS projects, including improving access to geological storage data, fully appraising promising storage sites, developing strategic transport and storage plans, establishing effective market structures and regulations, providing incentives for flagship projects, strengthening communication around CCS, and promoting technology sharing. The recommendations aim to save time and resources for first-of-a-kind CCS projects by coordinating activities across countries and industries.

Uploaded by

kglorstad
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Fast Track CO2 Transport and

Storage for Europe

European Zero Emission Technology and Innovation Platform


Objectives

The TWG Fast Track Transport and Storage was established to produce a framework for
assessing the readiness for CCS projects

The report provides recommendations for industry and Governments to identify and fund key
source-to-store CO2 infrastructure links, whilst providing nations with open access to the
information generated at each stage of the process, with the aim to save time and resources
for first-of-a-kind projects.

The report highlights 8 key activity areas, identifying the actions required under each
(including a number of immediate actions for 2017):

1. Open access to information


2. Storage appraisal
3. Strategic planning
4. Market Structure
5. Regulation
6. Incentives
7. Politics and communication
8. Technology 2
Recommendations

C =Capture/T=Transport/S=Storage

Open access to information (S): Data Management Organisations gather data, compare,
rank, grant access to data, grow atlases, define duty of license holders once clear they hold a
high-ranking storage site
Storage appraisal (S): Full appraisal of high ranking structures, who conducts, pays,
certifies, to what standards. Operator intent to store  mothballing rights
Strategic planning (T/S): Plans by first mover MS’s at regional, national, interregional and
EC levels aligned with 2050 targets . Plans used to support e.g. PCI applications
Market Structure (T/S): National organisations, RDO’s, Market Makers execute planning.
Coordinate all T&S, Role of Govt to manage regulation, finance, governance to ensure
delivery.
Regulation (T/S): Continually improve EC and national policy to enable Market Structure,
Strategic Planning, Storage Appraisal, and Incentives.
Incentives (C/T/S): EC and Member States to support flagship projects through targeted
funds. This will drive Pre-FID for storage appraisal, early transport, PCI feasibility and
industrial cluster development plans.
Politics and communication (C/T/S): EC and MSs to communicate a single clear message,
supported by industry
Technology (C/T/S): Share knowledge to accelerate innovation and commercial deployment.

3
Timeline to deliver recommendations

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