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On 28 June 2024, the Net Zero Industry Act (NZIA) was published in the Official Journal following its adoption by the Council of the European Union and the European Parliament. This publication means that the NZIA is now officially a law which can be used as a reference and foundation to support the deployment of clean technology, such as Carbon Capture and Utilisation (CCU), throughout Europe. The new law is about facilitating the manufacturing of components necessary for deploying net zero technologies.

This development indicates that manufacturing components for all CCU projects, i.e., e-fuels; CCU chemicals; or CO2 mineralisation, can benefit from less burdensome administrative processes, faster permitting and utilising the label of a ‘strategic net zero project­’ at the national level. The NZIA lists net zero technologies, including carbon capture technologies, CO2 utilisation technologies, RFNBOs and synthetic alternative fuels, to support the EU’s clean-energy transition. CO2 utilisation is also listed as an eligible strategic net zero technology by national governments, benefiting from additional facilitations.

With the NZIA now an official regulation, CO2 Value Europe calls on all Member States to consider the benefits of CCU technologies in reaching their greenhouse gas emission reduction goals and to include carbon management technologies in their National Energy and Climate Plans.

Read the regulation here.