EU consults on strategy to kickstart CCUS

Storage infrastructure targets and coordinated project funding among proposals as European Commission warns on slow pace of development

The European Commission has proposed a raft of measures aimed at kickstarting the deployment of CCUS, including EU storage capacity targets, as it sounds the alarm over the sector’s sluggish pace of development. The proposals are set out in a consultation on the creation of an industrial carbon management strategy, designed to get CCUS deployment back on track to meet a target of 50mn t/yr of operating CO₂ injection capacity by 2030. That target was set under the EU’s Net Zero Industry Act, which forms part of the legal basis of the EU’s Green Deal industrial plan. “The infrastructure is not developing fast enough despite both the emissions trading system [ETS] and a legal framework for the