EU Zero Emission Platform proposes flexible fund to drive CCS
The European Commission has proposed replacing the existing New Entrants’ Reserve (NER300) programme with an Innovation Fund in phase IV of the EU Emissions Trading System. The fund would support carbon capture and storage (CCS) projects and innovative renewables, and target reduced emissions from industrial plants. While NER300 was behind the European Council's goal for 12 working CCS projects by 2015, due to project inadequacies, as yet, no commercial-scale CCS projects are operating in the EU. The Innovation Fund will be allowed a greater level of flexibility than NER300 in the hope that this will offer a better chance of success. 

ZEP input to proposed EU Innovation Fund

The Zero emission Platform has provided input to the new EU-ETS funding proposal.