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Carbon Capture and Storage

The EU has repeatedly confirmed its position that the global, annual mean surface temperature should not increase by more than 2°C above pre-industrial levels. To develop consistent emissions reduction trajectories up to 2050, the European Commission has worked out roadmaps. Many member states as well as industry sectors have done the same. One of the recurrent key messages of all roadmaps is the strong contribution of the EU’s power sector, which according to the EU low-carbon roadmap would need to be close to or entirely carbon-free by 2050 to achieve the EU’s agreed objective of reducing greenhouse gas emissions domestically by 80% until 2050 compared to 1990. Such a major technological transformation can only succeed with continuous investments in low-carbon technologies but also require a phase-out of existing, carbon-intensive technologies.
 
The project will build upon CEPS Energy Climate House research on electricity market design and evaluate the various options for a long-term price signal for low-carbon technologies, including CCS.
 
The project is supported by the Global CCS Institute.

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Events

Energy price levels impact the competitiveness of energy-intensive industries in the EU. These price levels are influenced by EU energy and climate...

Publications

The most recent official data on the EU’s Emissions Trading System (EU ETS) show that greenhouse gas emissions dropped by about 2.7% in 2016. This...
Carbon prices in the EU ETS have been low for a number of years and might remain at relatively low levels for the foreseeable future. That does not...
The withdrawal of the United States from the Paris Agreement represents a setback for global climate action. But the damage will be felt more in...

Projects

Regional Energy Policy Cooperation Initiatives to achieve EU energy policy objectives: Focus on South East Europe The implementation of Regional...
One of the priorities for the European Commission is GHG emissions and transport with a document awaited for 2016. This autumn will be essential for...
Navigating the Roadmap for Clean, Secure and Efficient Energy Innovation (SET-Nav) - SET-Nav intends support strategic decision marking in Europe’s...