CCUS in Europe: A New Role and Implications for France and Germany
Briefings de l'Ifri, August 25, 2021
A second wave of carbon capture, utilization and storage (CCUS) projects is under development, and it is much different from the 2000 wave. While Norway, the United Kingdom and the Netherlands are at its forefront, France and Germany have major competencies, and many projects could be carried out in these countries.
• A turning point is in progress. Recent carbon capture and storage (CCS) projects have relied on a “hub and cluster” approach to achieve economies of scale and cost reductions, increased cooperation between governments and industry, as well as regional cross-border partnerships.
• Regulatory barriers, which can be resolved only at the European level, still impede the industrialization of the carbon capture, utilization and storage (CCUS) production chain. Political support at all levels is also lacking.
• The synergies between hydrogen and CCS could be exploited in decarbonized clusters, at the level of applications, research and innovation (R&I), and transport infrastructure. This would help optimize the cost of decarbonization.
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CCUS in Europe: A New Role and Implications for France and Germany
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Ifri's Energy and Climate Center carries out activities and research on the geopolitical and geoeconomic issues of energy transitions such as energy security, competitiveness, control of value chains, and acceptability. Specialized in the study of European energy/climate policies as well as energy markets in Europe and around the world, its work also focuses on the energy and climate strategies of major powers such as the United States, China or India. It offers recognized expertise, enriched by international collaborations and events, particularly in Paris and Brussels.
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