decarbonfuse Icons/logo

CCUS

Commissioner Hoekstra Brings Industry Together to Accelerate Implementation of Carbon Capture and Storage Across Europe

Published by Todd Bush on July 3, 2026

On 29 June 2026, Commissioner for Climate, Net Zero and Clean Growth Wopke Hoekstra brought together industry stakeholders for an Implementation Dialogue to identify practical solutions for scaling up carbon capture and storage (CCS) across Europe.

The European Union has set a target of reaching 50 million tonnes of annual CO2 injection capacity in EU geological CO2 storage sites by 2030 to support the decarbonisation and competitiveness of Europe’s industry. The Commission reported in May that progress is well underway, with the first storage sites expected to come into operation this year. The meeting brought together senior representatives from heavy industry, infrastructure and transport operators, startups, trade unions and civil society organisations as well as regional and local authorities.

>> In Other News: Deutsche Bank Is Investing in SAF With Lufthansa Group

Participants agreed that scaling up carbon capture and storage requires coordinated action across the entire value chain. A clear message from the Dialogue was that investment in CO2 transport and storage infrastructure is essential to unlock CCS projects across the continent. Stakeholders called for faster and more predictable permitting, stronger cross-border cooperation, greater transparency and data sharing, and open access to infrastructure to help projects move from planning to deployment

The discussion also highlighted the importance of creating the right market conditions. Participants pointed to the Innovation Fund as a key driver of early CCS projects and stressed that stronger demand for low-carbon products, including through public procurement, will be critical to encourage investment and accelerate deployment.

Beyond emissions reductions, stakeholders also emphasised the wider benefits of CCS for Europe’s industrial future. They highlighted its role in supporting the decarbonisation of energy-intensive industries, strengthening competitiveness, developing new skills and creating opportunities for regions in their clean transition.

Closing the Dialogue, Commissioner Hoekstra underlined the importance of building an integrated European market for CO2 transport and storage, based on close cooperation between industry, Member States and the Commission. The discussions will feed into the Commission’s work on future measures to support the development of CO2 transport infrastructure and markets, due by the end of 2026 as part of the Energy Union package.

Icons/external Source

Add Comments

Subscribe to the newsletter

Icons/inbox check

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.


Latest issues

  • Why Exxon Just Gave Up 160 Gulf Leases

    Inside This Issue 🛢️ ExxonMobil Relinquishes 850,000 Acres of Gulf Federal CCS Leases as Interior Rulemaking Stalls 🌱 Climate Action Reserve Adopts Revised Permanence Approach 🧪 Mitsubishi Gas Che...

  • $600M If Carbon Crashes: Canada and Alberta's New Bet

    Inside This Issue 🍁 Inside the $1.2 Billion Deal Derisking Alberta CCUS 🌍 Nine Countries Join CCSA-Led Forum To Coordinate CCUS Policies Across Europe 🌀 Deep Sky Delivers North America's First Cer...

  • Air Products Just Killed Its $4.5B Louisiana Hydrogen Project

    Inside This Issue 🔋 Captura's $12.5M Raise Reveals a Lithium Play in Pasadena 🍁 Max Power Confirms Basin-Scale Natural Hydrogen Potential in Saskatchewan with Bracken Well, 325 Km from Lawson Disc...

View all issues

Company Announcements

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.

Subscribe illustration