Press Release: Commissioner Piebalgs welcomes McKinsey CCS report as a valuable input in the Carbon Capture and Storage debate

Energy Commissioner, Andris Piebalgs, welcomed the report 'CCS: Assessing the Economics' which was presented to by its authors, McKinsey & Company. 'Early effective demonstration of technological viability of Carbon Capture and Storage (CCS) in power generation, both in Europe and internationally, is essential to move rapidly to economically viable, near free carbon electricity generation. This report is a valuable contribution to the discussions currently ongoing to find the best way to push this technology forward', said Commissioner Piebalgs after the presentation.