NER300 ‘a success that should be repeated’

The possibility of a follow-up scheme to finance CCS and renewables could be looked at once the current programme ends, said an EC official

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.

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