plannedTarraCO2 Project
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Repsol

TarraCO2 Project

TarraCO2-Storage project aims at storing 54 Mt (million tonnes) of CO2 emissions from hard-to-abate industry in NE Spain. This represents an unparalleled opportunity for a first-of-a-kind industrial decarbonization project in Southern Europe, through a safe, efficient and scalable method for permanent CO2 storage. At a planned rate of 2 Mtpa (million tonnes per annum), TarraCO2-storage capacity could help reduce hard-to-abate emissions in the region by 30%. Recognized by the European Union, CCUS is both an enabler for industrial decarbonization and a technology that complements European efforts to further reduce CO2 emissions and go carbon negative. TarraCO2-Storage project has the potential of being the catalyst of a CO2-Hub, with different CO2 origins and with shared infrastructure, potentially enabling the production of zero-emissions synthetic fuels and carbon removals.

City

Country

Spain

Region

europe

Gov funding

€205,000,000

Overview

Full Project Overview

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Overview

Company:
Project name:
TarraCO2 Project
Project categories:
planned
Country:
Spain
Region:
Europe
Government funding:
€205,000,000
Applicant name:
Repsol
Status:
Announcement
Reference:
https://carbonherald.com/eu-grants-repsol-223m-for-offshore-co2-storage-project/
Injection rate (Mt/year):
2,000,000
Total storage capacity (Mt):
54,000,000
Announcement date:
2025-03-14
News

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Date
Article title
Source
2025-03-14
EU Grants Repsol $223M For Offshore CO2 Storage Project