NER300

Member state governments have proposed just one carbon capture and storage project (CCS) for the second round of funding from the NER300 programme, an EU scheme that supports low-carbon technologies. The only project to be submitted was from the White Rose project in Yorkshire UK. So far NER300 has financed thirty-two renewables proposals from 15 countries which require match funding from governments or private sector backers.

A second round of funding under the NER300 scheme is feared to neglect renewable energy projects in favour of carbon capture and storage (CCS). The minutes from the Climate Change Committee – 64th session showed that some “Member States stressed the need of ensuring that CCS projects would be awarded funding under the second call, while others highlighted the importance that RES projects would not be neglected under the second call”.