Finland reports on carbon capture solutions to EU
News item
The European Commission obliges Member States to report on the carbon capture solutions annually. Finland has now submitted its first report to the Commission.
The reporting is part of the implementation of the Net-Zero Industry Act (NZIA) that aims to accelerate the achievement of the EU’s climate targets. Net-zero technologies promote the energy transition. Net-zero technologies include renewable energy technologies, battery technologies, hydrogen technologies, grid technologies, and carbon capture and storage technologies.
The regulation defines carbon storage sites and the related capture and infrastructure projects as strategic net-zero projects. The aim is that by 2030 at least 50 million tonnes of carbon dioxide could annually be stored in geological sites. Besides this, the regulation imposes reporting obligations to Member States concerning carbon capture and storage.
This includes reporting to the Commission annually on the carbon capture and storage projects in progress and on other plans to facilitate the decarbonisation of industries. Such projects include cross-border transport of carbon dioxide to other EU Member States and carbon dioxide utilisation projects.
The capture and utilisation of carbon dioxide are among the key themes of the Finnish Government’s climate policy. In Finland, there are many different projects to promote the capture and utilisation of carbon dioxide in progress, especially concerning biogenic carbon. Finland also reports to the Commission on actions that promote cross-border transport of carbon dioxide because the Finnish soil does not allow its permanent geological storage.
Inquiries:
Hanne Siikavirta
Ministerial Adviser
tel. +358 295 250 049
[email protected]
Timo Ritonummi
Senior Ministerial Adviser
tel. +358 295 064 798
[email protected]