Enabling a Comprehensive CDR Market in the EU: Bioenergy Europe at the CCSA EU Conference 

On July 3rd Bioenergy Europe’s Senior Policy Officer Ennio Prizzi joined the CCarbon Capture and Storage Association (CCSA) EU Conference at the Nhow Bloom Hotel in Brussels. With over 200 delegates attending, this was one of the largest Carbon Capture Utilisation and Storage (CCUS) conferences in Brussels this year.

The event provided an engaging platform to discuss carbon capture, utilisation and storage from various perspectives. Key topics included the role of CCUS in achieving the ambitious EU climate objectives in the 2040 Target, its applications in hard-to abate industrial processes, and the development of a comprehensive EU carbon dioxide removal (CDR) technologies market.

Enabling a market for CDR technologies in Europe

Ennio Prizzi, along with Oscar Schily, Climate Policy Manager at Climeworks, explored the policy framework needed to develop a comprehensive CDR market in the EU, the future role of the Carbon Removal Certification Framework in incentivising the development of permanent carbon removal technologies, and the potential integration of CDR into the EU Emissions Trading System (EU ETS). Finally, Bioenergy Europe stressed the importance of an early deployment and increased investments in industrial carbon removal technologies, as this will be essential for the EU to achieve its targets of a 90% emission reduction by 2040 and carbon neutrality by 2050.