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Contents GreenPrices Weekly, nr. 55
7 June 2007

IEA identifies large sustainable energy potential for G8

WWF judges climate performance G8 States as unsatisfactory

Deutsch Bank on Climate Change: ‘Some like it hot’

IEA to Germany: reconsider nuclear power

MDG Carbon Facility launched

Polish government explains the decision to sue EC

Swedish industrial electricity efficiency programme results in 3% annual reductions

Bulgarian feed-in tariff system updated

Dutch energy companies offer large CO2 emissions reductions

ditorial: Spin doctors on Climate Change

GreenPrices Market Monitor June 2007

In Brief: US refuse G8 climate deal

In Brief: Lamp manufacturers want to ban the bulb

In Brief: Dutch storage for German CO2

In Brief: Council wants more harmonised emissions trading

In Brief: China puts development before climate

In Brief: Bush makes a climate move

In Brief: India runner-up in RE favourable country list

In Brief: ‘Consolidation in wind industry’

Dutch storage for German CO2
 
4 June 2007 – The Netherlands should use its largest gas field in Slochteren for international CO2 storage. That is the recommendation today from the energy transition platform to the Dutch Cabinet. 

Much of the largest CO2 -emitters are located nearby and Slochteren is the largest CO2 -storage capacity in Europe. The Netherlands should start developing the gas field as an international CO2 storage facility, argues Catrinus Jepma, professor of Sustainable Energy at the Groningen University.

Starting from 2015, large point emitters like the German industry in the Ruhr area and Dutch industries such as Corus and GSM should be connected to a CO2 pipeline network leading to Groningen gas fields, which have an estimated storage capacity for 50 years.

Storing CO2 costs about 40 Euros per tonne, capturing not included, which is tens of Euros above the expected CO2 price on the EU ETS. The energy transition platform recommends that the Dutch government liberates ‘hundreds of millions’ Euros for the development of an international CO2 storage facility. Thus far, the Dutch Cabinet has reserved 80 million Euros for CCS development.

 
Source: GP Newsdesk

             
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