In 2024, the EU set a target of achieving an annual injection capacity of 50 million tonnes in the EU’s geological CO₂ storage sites by 2030, with the aim of supporting carbon capture and storage projects, reducing industrial emissions and increasing the availability of such storage sites in Europe. The published report shows that significant […]
Commission approves Spanish state aid scheme to support decarbonisation
The European Commission has approved a Spanish scheme worth €408 million to support the decarbonisation of the manufacturing industry, in line with the objectives of the Clean Industry Pact. This measure, which will contribute to the transition towards a zero net emission economy, is financed under the Recovery and Resilience Mechanism. The scheme has been […]