News

Carbon contracts for difference: Second round underway

Share
Copied!

Published: July 30th, 2024,
Last updated: January 11th, 2025

CO2 emissions in industry: The aim is to reduce them through the carbon contracts for difference funding instrument.

On Monday, the Federal Ministry for Economic Affairs and Climate Action (BMWK) launched the preliminary process for the second round of the so-called carbon contracts for difference. Companies wishing to participate in this round must submit the required information by Sept. 30. The associated bidding round is scheduled to take place at the end of the year. In the second round, the focus will be on CCUS (Carbon Capture, Utilization, and Storage) technologies, in line with the key points of the Carbon Management Strategy.

Sign up now and continue reading immediately

No credit card details required. No automatic renewal.

Share
Copied!
BMWK