Plans for the world’s first full-scale commercial carbon capture and storage (CCS) operation at a waste-to-energy plant are back on track following a full financing agreement and new shareholders at our member Fortum Oslo Varme (FOV).
Three of our members are involved in a significant new Horizon 2020 project which will trial a new enzyme-based CO2 post-combustion capture system and involve the first industrial CCS pilot in eastern Europe.
Our member the Acorn CCS Project has moved decisively forward, signing up several prospective customers, and agreeing financial and operational agreements with Shell, a global pioneer of CCS. Its efforts mean a Scottish CCS Cluster, bringing together a wide range is stakeholders, is gaining considerable traction.
The European Union is planning to launch the second Innovation Fund call for large-scale projects on 26 October, with financing of up to €1.5bn set to be available.
Unlike the first round, the application and selection process will have only one stage. Otherwise, the methodology for assessing projects will remain largely similar to the first call, the EU said. However, call documents have been improved to make the process clearer for applicants.
In our latest 'Hot Topics' discussion piece, Mark Preston Aragonès, policy advisor at Bellona Europa, explores rising interest in carbon dioxide removal and the opportunities and dangers this presents.