Drilling for a carbon dioxide (CO2) storage facility in Prinos, Greece, is slated to commence in 2027 as part of an initiative to establish a comprehensive chain for carbon capture, transport, and underground storage. The projects are being funded by both national and European Union resources aimed at enhancing Greece's capabilities in addressing carbon emissions.
Recent developments include the signing of a grant agreement worth €169.3 million by the Gas Transmission System Operator (DESFA) and the European Commission. This funding will support the construction of a liquefaction, temporary storage, and export facility for CO2 in Revitouza, which is expected to be integral to the overall carbon capture and storage (CCS) strategy in the country. As these major projects advance, they represent a significant step toward implementing innovative climate solutions in Greece.
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