The ambition of the European Union is to deliver a secure, competitive and sustainable energy system, while reducing GHG emissions by at least 40% by 2030 on 1990 levels.
The European Strategic Energy Plan (SET plan) aims to accelerate the development and deployment of low carbon technologies and recognizes CCS as an important mitigation technology. The wide-scale deployment and transfer of carbon dioxide capture, transport and storage (CCS) is recognized by the UNFCCC as an environmentally sound technology; as well as by the International Energy Agency (IEA) as a major opportunity for cost–effectively reducing global emissions. For large-scale emissions to be managed adequately within the time frames required, CCS must be allowed to play its crucial role in the decarbonisation of the energy and industrial sectors.
CO2GeoNet – The European Network of Excellence on the Geological Storage of CO2, joins together 26 partners from 19 European countries, ranging from national geological surveys, through to research institutes and universities, all with a high international profile and critical mass in CO2 geological storage research. CO2GeoNet is contributing, in collaboration with other international organisations, to side-events and booths at COP21. EuroGeoSurveys is co-organizer together with the European Energy Research Alliance and the Global CCS Institute of the side event “The role of CCS in mitigating climate change” that will be held at the EU Pavillon, room Luxembourg at 10:15-11:00 o’clock.
Key players from research organisations, major CCS knowledge networks and initiatives as well as key policy makers in Europe will discuss with the audience the status and way forward for CCS as part of Europe’s low carbon future.
The role of CCS in mitigating climate change
10:15-11:00 (EU Pavillon, room Luxembourg)