The development of a CO₂ transport and storage infrastructure is a key prerequisite for achieving Switzerland’s net-zero greenhouse gas emissions target by 2050. Once the potential for emissions reduction has been largely exhausted, a high-performance infrastructure for the transport and geological storage of CO₂ will be required to enable large-scale CO₂ mitigation and carbon dioxide removal (CDR).
On behalf of the Swiss Federal Office of Energy (SFOE), conim ag has prepared a conceptual study. The objective of the study was to explore practical business models for a CO₂ transport and storage infrastructure and to demonstrate how companies could operate in a well-functioning market for CO₂ mitigation and carbon dioxide removal in Switzerland.
The study concludes that, given the high investment risks and the significant need for coordination, profit-oriented companies require an efficient and effective regulated market to invest in and develop such infrastructure. Furthermore, because of the strong public interest involved, robust regulatory framework conditions, together with an active, coordinating and financially supportive role of the federal government, are essential.
For further information and access to the full report, please visit: DynCO2 –A dynamically functioning CO2 reduction and removal market