European Carbon Capture and Storage Project Network: Overview of the Status and Developments

Abstract

The European Carbon Capture and Storage (CCS) Project Network (the “Network”) is currently composed of projects located in the Netherlands, Norway, Spain, and the UK. The goal of the Network is to accelerate deployment of CCS by sharing project development experiences about technology integration, regulatory environment and financial structures. This paper aims to provide a review of some CCS experiences gained from developing the Network projects. Besides technology and project development, sharing knowledge and lessons learned on project-level basis, also gives valuable insights on how to create policies that would assist more effective deployment of technology and can enable development and implementation of regulatory frameworks. Hence, knowledge acquired in CCS aspects during the early development of this technology in Europe will be presented in this paper.