EU releases CCS and wind project recovery funds

The European Commission has approved the allocation of over €1.5bn to a series of carbon capture and storage (CCS) and offshore wind projects, as part of a €3.9bn European economic recovery package for the energy sector.

Six CCS projects in Germany, Italy, Poland, Spain, the UK and the Netherlands will receive grants totalling €1bn. The commission says the funding "recognises the continued importance of fossil fuelled power" in the EU.

Please sign in to access this article. To subscribe, view our subscription options, or take out a free trial.

Please enter your details

Forgotten password?

Having trouble signing in?

Contact Customer Support at
or call 020 8267 8120

Not a subscriber?

Take a free trial now to discover the critical insights and updates our coverage offers subscribers.