Day: February 24, 2025

H2BE is delighted to be one of the projects in the EU2NSEA PCI application. Being part of the EU2NSEA PCI, an ecosystem of companies representing the whole carbon capture and storage (CCS) value chain in North-West Europe, strengthens the credibility and the value of the project. It also ties H2BE to the EU2NSEA CO2 storage infrastructures, such as the CO2 Highway Europe, which will safely transport and store the captured CO2 from H2BE. The CEF funding is great news for H2BE as it will contribute to building up critical CO2 infrastructures and will be instrumental towards the successful set-up of an efficient CCS value chain in North-West Europe.

Collaboration between industries, governments and organizations is crucial to succeed with decarbonizing European industries to reach Net-Zero goals, and the EU2NSEA PCI is very important to pave the way for European CCS deployment at scale. The projects that received funding all contribute to the EU2NSEA, a project of common interest (PCI) under the EU TEN-E regulation, where Equinor acts as coordinator. The EU2NSEA PCI aims at developing a resilient, scalable onshore and offshore pipeline-based system enabling the transport and storage of CO₂ from North-West Europe to the North Sea.

The EU2NSEA PCI includes 22 emitters in 7 countries, 28 capture sites, and storage capacity of around 15 million tonnes of CO₂ per year at two storage sites in the North Sea. In addition to the funding, the PCI status offers as well accelerated permitting and increased visibility and relevance for all its projects. In the future, additional storage sites might be added to accommodate a total of 42 million tonnes of CO₂ per year from all the EU2NSEA PCI projects.

The EU2NSEA projects that received CEF study funding in this round are: