CCS Wire

The Commission expects to adopt rules for using up to 300M ETS allowances to aid demonstration of CCS and new innovative renewable energy technologies by the end of this year, accordingly to unofficial notes circulated recently between officials and posted here.

In a cover note and time schedule, DG Environment outline its process and time-lines for implementing the various elements of the revised ETS regime. This includes “adopting criteria and modalities” for CCS & RES funding by “end 2009”, thus allowing project consortia to begin bidding for support contracts early in 2010.

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