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July 18, 2024

Funding Carbon Capture and Storage in Central and Eastern Europe: A Focus on Poland

Poland

Event Details:

18 July 2024
11:00 – 12:30 CEST

Virtual

Event Contact:

Mary Louks

Directora de Eventos y Participación

[email protected]

Sobre el evento

Deploying carbon capture and storage (CCS) projects will be essential if Poland is to meet its climate targets and secure the competitiveness of its industrial sectors. Furthermore, the Net Zero Industry Act (NZIA) has placed an obligation on Poland’s oil and gas producers to develop CO2 storage capacity. While the EU’s carbon price will increasingly drive industrial decarbonisation, a funding gap currently exists, which hinders the development of viable business cases for these projects.

While Carbon Contracts for Difference (CCfD) are being developed in front-runner countries like Denmark, the UK, and the Netherlands, Poland and the wider Central and Eastern European (CEE) region face challenges due to limited available funds. Building a workable business case that capitalises on EU funding opportunities and leverages national funding will be required to get the first set of crucial projects built. 

This webinar will explore the funding gap for carbon capture and storage projects in Poland and discuss the need for increased efforts to build business models for projects that access EU funding and combine with national funding to get projects built in the country. Experts will highlight actionable recommendations for policymakers and stakeholders at a time when countries in the region are increasingly focusing on carbon capture and storage through national carbon management strategies or obligations under the Net Zero Industry Act (NZIA). 

Moderator

Tamara Lagurashvili 
Director, Central and Eastern Europe, Clean Air Task Force

Panelists

Aleksander Sniegocki
CEO, Reform Institute

Agnieszka Baran
Director of CCS Programme Office at PKN Orlen

Daniel Kitscha
Investment Policy Officer – Low Carbon Solutions, European Commission

Paweł Gładysz
AGH University of Science and Technology in Krakow

Szymon Byliński
Director, Electromobility and Hydrogen Economy Department, Ministry of Climate and Environment of Poland

Codie Rossi
Senior Policy Associate, Carbon Capture, Clean Air Task Force

Event pre-reads

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