The ICM Forum has just released a major report on Carbon Capture and Utilisation (CCU), highlighting the essential actions needed to unlock its full potential and contribute to Europe’s climate goals. The report, developed by the Working Group on CCU, addresses key regulatory barriers, financial incentives, and policy measures required to accelerate the deployment of CCU technologies.
The report examines key CCU technologies like synthetic fuels, chemical conversion, and mineralisation, while assessing Europe’s current landscape, including carbon sources, projects, and policies. It recommends regulatory simplifications, a stronger carbon accounting framework under the EU ETS, and long-term policy adjustments for investment certainty. It also calls for integrating CCU into policy frameworks, setting circular carbon requirements, and establishing financial and market-pull mechanisms to drive adoption.
Our Secretary General, Anastasios Perimenis, who co-chaired the Working Group alongside Elena Leonardi (CEFIC) and Małgosia Rybak (Cepi), commented, “CCU technologies hold immense potential to contribute to the EU’s climate goals, but policy support, consistency and simplification alongside robust mechanisms for financial support and infrastructure investment are crucial to unlocking this potential. A collaborative approach across policymakers, industry, the research community, civil society, and financial institutions is essential for success. We invite the European Commission to use this report as a blueprint for action in light of upcoming discussions on the Clean Industrial Deal. ”
The ICM Forum, established in 2021, convenes annually, bringing together representatives from EU institutions, member states, NGOs, business leaders, and academia to advance CCU, CCS and CDR technologies, including several CO₂ Value Europe members. The CCU Working Group’s mandate is to identify and address regulatory and structural barriers to CCU development.
About CO2 Value Europe
CO₂ Value Europe is an international non-profit association representing the CCU community across Europe and beyond, dedicated to advancing a circular carbon economy to reduce greenhouse gas emissions and reduce reliance on fossil fuels. The Association brings together more than 110 organisations from diverse sectors, including industry, start-ups, universities, research institutions, and regional clusters, and supports a growing network of individuals and organisations committed to the development of CCU technologies as essential tools for meeting the EU’s climate targets.
Find the full report here.
Source
CO2 Value Europe, press release, 2025-02-20.
Supplier
CEPI Eurokraft
CO2 Value Europe
European Chemical Industry Council (CEFIC)
European Commission
ICM Forum
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