Dr. Katerina Sardi, EnEarth’s Managing Director and Country Manager in Greece, participated alongside distinguished stakeholders in two panel discussions during the “From Innovation to FID” event, held in Brussels by Carbon Management Europe on June 2.
During the “CCS Risks and Standarisation” panel, Katerina highlighted several key points regarding the current state of Carbon Capture and Storage (CCS) and the challenges related to standardisation:
CCS is an emerging industry, and the development of common standards—covering sizes, processes, and technical specifications—is essential for reducing costs and enabling large‑scale deployment.
However, it is still early to implement a full standardisation framework, as the industry is only now beginning to take shape and technological pathways continue to evolve.
She noted that even in the natural gas sector, where the market has existed for decades, full standardisation has still not been achieved.
Given the urgency of climate targets, she stressed that CCS development must progress faster, despite these challenges.
In the second panel, titled Making a Bankable CCS Transport Chain in Southern Europe, Katerina focused on the conditions required to build a viable and investable CCS transport chain in Southern Europe, with EnEarth’s flagship project Prinos CO2. She emphasised that:
All components of the CCS value chain must be aligned. There is no benefit in having emitters invest in carbon capture infrastructure if storage sites are not available—and equally, storage developers cannot proceed without committed emitters. Coordinated development is essential.
Long‑term contracts and guarantees are necessary to make CCS projects commercially viable. Investors and operators need visibility and stability over future revenue streams to commit capital at scale.
Policy tools such as Carbon Contracts for Difference (CCfDs) will be critical to underwriting long‑term commitments, reducing market risk, and enabling the industry to move from early‑stage projects to full commercial deployment.
