Eni: Ravenna CCS project selected under the European Innovation Fund
(Il Sole 24 Ore Radiocor) - The Ravenna CCS Phase 2 project, developed by Eni and Snam to create an integrated, multimodal infrastructure for the transport and storage of CO₂, has been selected by the European Commission for funding under the Innovation Fund 2025 - Net Zero Technologies, in the Large Scale category. This was announced in a press release. The initiative is among the strategic projects deemed a priority by the European Union to accelerate industrial decarbonisation and strengthen the competitiveness of the low-emission technology sector across the continent. The European Commission’s selection represents a significant recognition of the project’s industrial, technical and economic soundness, as well as its strategic importance for achieving European climate targets.
As Eni’s statement notes, Ravenna CCS is the main European hub for permanent CO₂ storage in Italia and Mediterranean Europe, with a total capacity of around 500 million tonnes, equivalent to over 70 per cent of the storage capacity announced in the Mediterranean. Ravenna CCS Phase 2 involves the large-scale development of the Ravenna hub, building on the experience gained during the first phase of the project, which achieved excellent results in terms of decarbonisation and energy efficiency.
The development plan envisages achieving a storage capacity of 4 million tonnes of CO₂ per year by 2030, with the potential for gradual expansion to 16 million tonnes per year in subsequent development phases.
The project’s multimodal design will enable CO₂ to be collected from a range of Italian and European industrial emitters via pipelines, ships, rail and road transport, for subsequent permanent storage in offshore reservoirs in the Adriatic Sea.
The project involves the development and operation of the offshore geological storage infrastructure, the compression station and the multimodal terminal for receiving CO₂ by the Eni-Snam joint venture, whilst Snam will develop the onshore transport infrastructure, including the Ravenna–Casalborsetti and Ferrara–Casalborsetti pipelines, designed to connect Italy’s main industrial areas with the Ravenna storage system.
