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HARNESSING CARBON CAPTURE AND STORAGE (CCS) TECHNOLOGY FOR A SUSTAINABLE FUTURE: GREECE'S ROLE IN ADVANCING CLEAN ENERGY TRANSITIONS
Mariadina Lili-Kokkori1
1Koutalidis Law Firm, Athens, Greece

PAPER: 362/Laws/Regular (Oral) OS
SCHEDULED: 17:05/Mon. 21 Oct. 2024/Minos

ABSTRACT:

As the global community grapples with the escalating challenges posed by climate change, the imperative to mitigate carbon emissions becomes increasingly urgent. Carbon capture and storage (CCS) technology stands at the forefront of climate solutions, offering a transformative approach to reducing carbon dioxide (CO2) emissions from industrial processes and energy production. This paper delves into the multifaceted world of CCS, exploring its pivotal role in addressing climate change and fostering clean energy transitions, integrating hydrogen technology as well.

The global push for reducing carbon emissions has highlighted CCS as a key technology. Greece, with its commitment to sustainable development, is making significant strides in this area. This paper aims to examine Greece's contributions and initiatives in advancing CCS technology, focusing on technical challenges, legal frameworks, policy recommendations, economic and regulatory incentives, and innovations in CCS technology. The study employs a comprehensive review of technical advancements, legal documents, policy papers, and economic analyses. It also incorporates interviews with experts and case studies of successful CCS projects in Greece.

By investigating Greece’s role in advancing CCS and its collaborations on the European stage, this paper underscores the significance of CCS as a critical tool in combating climate change. Greece’s proactive engagement with experts, alignment with EU directives, and establishment of a robust legal framework position it as a leader in CCS advancements within Europe and on the global stage. As CCS technology continues to evolve, it remains a beacon of hope in the collective efforts to secure a sustainable and greener world.

REFERENCES:
[1] Veloso Christiano, “Carbon Capture and Storage (CCS): The Future of Climate Change Mitigation”, 2023, VerdeBlog, available at [https://blog.verde.ag/en/carbon-capture-and-storage-ccs/].