COREu is an ambitious initiative that aims to accelerate the transition to a low-carbon future by demonstrating key technologies for the entire CCS value chain in Southern Europe and supporting the development of CCS routes linking emitters with storage sites in Central Eastern Europe
“COREu has been conceived to ensure a holistic approach to CCS value chain demonstration and to promote the exchange of knowledge and experience across Europe,” says Chiara Caccamo, Research Manager at SINTEF and Coordinator of COREu. “The project brings together a consortium of over 40 partners, including emitters, technology providers, gas transmission system operators, transportation companies, research institutes and universities, all known for their expertise and leadership in this field.”
To achieve its goals, COREu brings together four potential routes and the relevant stakeholders under the same project: Prinos/Kavala in Greece, South Moravia in the Czech Republic, Baltic/Gdansk in Poland and Western Ukraine. Through these routes, COREu will initiate the development of an open-access, transnational network to connect emitters with storage sites across Europe. The project will focus on multimodal transportation and the creation of emitter clusters to create the necessary demand and investment rationale for the deployment of CCS.
“By demonstrating key technologies and opening up new CCS routes, COREu will contribute to the development of CCS at scale and pave the way for a greener and more resilient Europe,” says Mona Mølnvik, Research Director at SINTEF, COREu Project Owner and Director of the Norwegian CCS Research Centre, NCCS, the world’s largest centre of excellence for CCS. “As a leading research institute in this field, SINTEF is pleased to strengthen its partnership in Europe and contribute to the development of CCS.”
The impact of COREu goes far beyond its immediate objectives. By contributing to the reduction of CO2 emissions and driving the deployment of CCS in Europe, COREu addresses pressing global challenges and actively supports the European Union’s commitment to climate neutrality and the United Nations Sustainable Development Goals (SDG 7 – Affordable and Clean Energy, SDG 9 – Industry, Innovation and Infrastructure, SDG 13 – Climate Action).
“The strong partnership will significantly accelerate the deployment of CCS across Europe by facilitating the creation of a common framework that includes technological know-how and business models aimed at reducing the risks of CCS deployment, ” explains Francesco Finotti, Senior Business Developer at SINTEF, responsible for assembling the Consortium. “The tremendous support we have received from various stakeholders and industry leaders underlines the broad recognition of the importance and potential impact of CCS deployment.”