Carbon Capture and Storage (CCS) is now widely recognized as a pivotal technology for industrial decarbonization. However, the pace of project deployment remains insufficient. The Net Zero Industry Act (NZIA) has set an ambitious target of 50 Mt CO₂ annual storage injection capacity by 2030. Despite this, the economic viability of the CCS value chain is hindered by the disparity between CCS costs and supporting policies.

The Industrial Carbon Management Strategy (ICMS) offers a comprehensive framework for Carbon Capture, Utilization, and Storage (CCUS). Yet, without a sustainable business case, delayed investments and project deployments threaten the EU’s ability to decarbonize its industry while maintaining competitiveness.

Captured CO₂ presents numerous opportunities: it can be utilized in the production of e-fuels, serve as a feedstock for the chemical industry, promote crop growth in greenhouses, and support the food and beverage sectors. Additionally, the construction industry can contribute to developing a robust CO₂ economy.