Press Release: Commissioner Piebalgs welcomes pioneering decision on state aid for a CO2 capture project

The ESA, EFTA Surveillance Authority, adopted last week a decision not to raise objections to the Norwegian State’s investment in a project in the western part of Norway (Mongstadt) whose objective will be to test, verify and demonstrate different concepts and technologies capable of reducing costs and risks related to large scale CO2 capture. 'This decision provides an important precedent for considerations of state aid cases related to projects that will be necessary for further advancement of technologies for capture and underground storage of CO2 ('CCS') from industrial processes using fossil fuels, first and foremost power generation in coal- and gas-fired power plants', said Commissioner Piebalgs.