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Five European countries open their doors to cross-border CO2 storage

Five northern European countries – Denmark, Norway, Belgium, the Netherlands, and Sweden – have laid the foundations for Europe’s carbon capture and storage (CCS) infrastructure by joining forces to conclude arrangements on the transport and storage of carbon across borders.

read more... 17/04/2024

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France announces simplification measures for geothermal permitting

France’s Ministry of the Economy, Finance, Industrial and Digital Sovereignty has announced measures to simplify the mining procedures related to geothermal energy, CO2 storage, and critical minerals. Among other improvement, the new measures aim to cut the permitting time by half for exclusive research permits related to geothermal projects.

read more... 16/04/2024

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Munich, Germany aims for CO2-neutral heating by 2040, primarily with geothermal

Munich city utility Stadtwerke München (SWM) has laid out a plan for the heating transition in Munich, Germany that aims to establish CO2-neutral heating by 2040 at the latest, ahead of the 2045 target set by the federal government. With much of this capacity to come from geothermal, SWM is undertaking the expansion of heating networks, new geothermal projects, and additional drilling.

read more... 26/03/2024

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French TSO GRTgaz launches CO2 transport project

French gas TSO GRTgaz launched on Monday a month-long call for expressions of interest for a EUR 1.7bn CO2 transport infrastructure project to help decarbonise industry in western France.

read more... 12/03/2024

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Europe’s industrial decarbonisation at risk amid sharp drop in CO2 price

The sharp drop in the EU’s CO2 price, caused by high energy prices and political uncertainty, risks the carbon market’s credibility – and may become an obstacle to the bloc’s industrial decarbonisation.

read more... 05/03/2024

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