NER300 ‘a success that should be repeated’

The NER300 scheme for financing carbon capture and storage (CCS) and innovative renewables technologies has been a success and its continuation should be considered, a European Commission official told MEPs this week.

Humberto Delgado Rosa, head of the low-carbon technology unit in the EU executive’s climate department, said that the possibility of a follow-up scheme could be looked at once the current programme comes to an end.

He was speaking at a special hearing on the NER300 scheme at the European Parliament’s industry, research and energy committee on Wednesday.