Europe Could Invest $35B in CCS by 2035, Rystad Says

After years of expensive carbon capture and storage (CCS) studies and test centers, Europe has now reached a phase where large-scale CCS developments make sense financially, Norwegian energy market intelligence group Rystad Energy has said.

In a report on Monday, Rystad said that CCS in Europe could trigger up to $35 billion in development spending until 2035 – by which time as much as 75 million tonnes of CO2 could be captured and stored per year on the continent.

Continue reading

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.