Europe’s CCS projects boosted by increased funding

Increased funding from the EU and national governments have boosted the prospects for carbon capture technologies in Europe. Three projects in the Netherlands, Norway and UK could be operational by 2024.

Carbon Capture projects have seen a number of setbacks in the past on the back of high start-up costs and unproven technologies. But it now seems increasingly likely that the technology will play a key role in achieving Europe’s CO2 reduction targets which are being scaled up.