FEATURE: The risks facing EU CO2 storage and how to manage them

Published 09:34 on November 11, 2024 / Last updated at 09:34 on November 11, 2024 / / CO2 Management (CCUS), EMEA (Compliance Markets & Taxes, Europe), Insights (Features)

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The EU does not have a single operational CO2 storage site, but the ambition of storing 50 million tonnes of CO2 a year from 2030, and while oil and gas operators are likely to be responsible for delivering the target, they have less than a year, until June 2025, to confirm how many tonnes they will store and where. 
The EU does not have a single operational CO2 storage site, but the ambition of storing 50 million tonnes of CO2 a year from 2030, and while oil and gas operators are likely to be responsible for delivering the target, they have less than a year, until June 2025, to confirm how many tonnes they will store and where. 


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