Eni and Snam’s Ravenna carbon capture and storage expansion has been selected under the EU’s 2025 Innovation Fund call, according to Splash247. The second phase has been invited to prepare a grant agreement; the partners have not disclosed a funding amount.

The proposed expansion targets annual carbon-dioxide injection capacity of four million tonnes by 2030. The report describes offshore storage, compression and reception infrastructure as planned development, rather than capacity already in service.

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Source: Splash247 · original report