Kadri Simson, energy commissioner for the EU
EU to launch €3bn CCS funding round
Money will come from the Innovation Fund, which has already provided €1.5bn in support to 11 carbon-capture projects
The European Commission will launch a new €3bn ($2.95bn) funding round aimed at incentivising the development of more carbon capture, utilisation and storage (CCUS) projects later this year. The funding will come from the EU’s Innovation Fund, which has already provided €1.5bn in support to 11 CCUS projects. And the Commission will next year publish an official strategy for the sector focused on three areas: funding, infrastructure and regulation. The strategy will quantify the potential role CCS and CCUS can play in decarbonisation, clarify the rules governing infrastructure, and find ways to better involve industry and other stakeholders. “The potential impact of these technologies is too
Also in this section
2 January 2026
This year may be a defining one for carbon capture, utilisation and storage in the US, despite the institutional uncertainty
23 December 2025
Legislative reform in Germany sets the stage for commercial carbon capture and transport at a national level, while the UK has already seen financial close on major CCS clusters
15 December 2025
Net zero is not the problem for the UK’s power system. The real issue is with an outdated market design in desperate need of modernisation
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
