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How much CO₂ will Ravenna CCS project capture in 2025?
2
Resolution / Starting Odds
Less than 1 million tonnes • 25%
1 to 2 million tonnes • 25%
2 to 3 million tonnes • 25%
More than 3 million tonnes • 25%
Annual reports from ENI and SNAM, industry audits, and verified third-party sources
Story
ENI and SNAM Launch Ravenna CCS, Italy's First Carbon Capture Project
Sep 3, 2024, 10:29 AM
ENI and SNAM have launched Italy's first carbon capture and storage (CCS) project, named Ravenna CCS, according to a press release. The project aims to capture, transport, and store CO₂ emissions from ENI’s natural gas treatment plant. In its initial phase, the project is expected to capture approximately 25,000 tonnes of CO₂ per year. The second phase will scale up to store up to 4 million tonnes of CO₂ annually. Additionally, the companies are conducting research and development studies for the potential future reuse of the captured CO₂. Ultimately, the volumes of CO₂ captured and stored underground could reach 16 million tonnes per year.
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Reaches 1 million tons of CO2 captured • 25%
Reduces cost per ton to below $100 • 25%
Achieves energy-neutral operation • 25%
Other milestone • 25%
Less than 1 million tons • 25%
1-2 million tons • 25%
2-3 million tons • 25%
More than 3 million tons • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Equal to a tree • 25%
1.5 times a tree • 25%
2 times a tree • 25%
More than 2 times a tree • 25%
Completion of infrastructure setup • 25%
First million tons of CO2 stored • 25%
Partnership with new emitters • 25%
No major milestone achieved • 25%
Less than 1 million tons • 25%
1-1.25 million tons • 25%
1.26-1.5 million tons • 25%
More than 1.5 million tons • 25%
