26 February 202520 February 2025 Air Liquide announces major investments to support European decarbonization in collaboration with TotalEnergies The project will notably supply TotalEnergies’ industrial platform through a long term contract and Air Liquide will also be able to serve additional Dutch and Belgian customers with industrial and heavy-duty mobility needs
20 February 202517 February 2025 Repsol will invest more than €800 million in the Tarragona Ecoplant, a pioneering project in Europe to produce renewable methanol The gasification technology, developed by Enerkem, has received funding from the Innovation Fund of the European Union due to its high potential for reducing emissions and the innovative nature of the project
9 December 20244 December 2024 2024 Carbon Market Report: a stable and well-functioning market, driving emissions from power and industry installations to a historic reduction of 16.5% The European Commission has today adopted the Carbon Market Report, which analyses and presents the functioning of the EU Emissions Trading System (EU ETS) in 2023 and the first half of 2024
16 May 202410 May 2024 European Hydrogen Bank auction provides €720 million for renewable hydrogen production in Europe The winning bidders will produce renewable hydrogen in Europe and will receive a subsidy to bridge the price difference between their production costs and the market price for hydrogen
12 March 20247 March 2024 Commission welcomes political agreement on EU-wide certification scheme for carbon removals A new framework will help the EU to reach climate neutrality by certifying carbon removals and carbon farming to ensure that they are transparent and trusted, preventing greenwashing and creating new business opportunities
11 March 20245 March 2024 European Hydrogen Bank pilot auction: 132 bids received from 17 European countries The pilot auction under the European Hydrogen Bank, for renewable hydrogen production in Europe, has attracted 132 bids from projects located in 17 European countries
8 March 202414 March 2024 Industrial Carbon Management interactive stories: a new tool to discover EU-funded projects in the CCUS sector According to the EU’s climate targets, at least 50 million tonnes of CO2 per year (Mtpa) will need to be captured by 2030, approximately 280 Mtpa by 2040 and up to 450 Mtpa by 2050
8 January 202422 December 2023 Tailwind for the first climate-neutral cement plant Holcim in Germany’s Carbon2Business innovation project receives two awards at the UN Climate Change Conference Holcim's Carbon2Business innovation project was awarded two prizes in recognition of its outstanding, innovative efforts to decarbonize industry
5 January 202421 December 2023 LyondellBasell Advanced Recycling Project Selected For EU Innovation Fund Grant The company’s MoReTec plant is one of the 41 projects selected in the EU Innovation Fund ‘Third Call for Large Scale Projects’
13 October 202311 October 2023 Carbon Capture and Utilisation (CCU) should be recognised as a strategic net zero technology in the EU Net Zero Industry Act CCU technologies will enable the supply of renewable fuels and other alternative sources of energy, as well as commercial products such as plastics, concrete, and reactants for chemical synthesis
16 August 202314 August 2023 The road to decarbonising the steel industry Axel Eggert, Director General of EUROFER, discusses the steel industry’s journey to decarbonisation and the challenges facing the transition