Dear CO₂ Value Europe Members and Followers,
Considering the current geopolitical situation, we live in turbulent times. The impact is visible in our economy, our industries, and our daily lives. We believe that further investment in the development of cleantech, like Carbon Capture and Utilisation (CCU), can provide solutions that will increase European sovereignty, resilience, and reduce external dependencies.
In this newsletter, there are examples of CCU facilities using European technology but becoming operational outside Europe. This introduces the question of whether Europe is doing enough to incentivise such value chains to stay and be deployed in Europe, to contribute to our climate mitigation goals and industrial competitiveness. To answer this question, a robust and supportive policy framework is required. The recently published AccelerateEU gives the right signal towards reducing dependencies on fossil resources through technologies like CCU. It is imperative that the upcoming policy packages, including ETS revision, Circular Economy Act, and CO₂ Markets & Infrastructure, provide tangible incentives for this transition.
We are happy to announce that our annual event, CO₂ Value Europe Days, will take place in Berlin, Germany, on 8-9 October, hosted by our member Ucaneo. This event marks our 10th anniversary as an Association – 10 years of continuous efforts with our members to develop and deploy CCU value chains at impactful scales. If you are a member, join us in Berlin to celebrate this achievement and pave the way for the next 10 years. If you are not a member yet, reach out to join the community and be part of the effort.
Enjoy the reading!
Sincerely,
Anastasios Perimenis
