ENI S.p.A.MIL: ENI

ENI: Ravenna CCS selected under the European Innovation Fund

· Issued by ENI S.p.A.

Summary by 6ix AI

The European Commission has selected Ravenna CCS Phase 2 (CCS means capturing and storing carbon dioxide) for funding, Eni said on October 20, 2026. The project, developed by Eni and Snam, was selected under the 2025 Innovation Fund - Net-Zero Technologies in the Large Scale category.

Key details

  • The project would build a CO2 transport and storage network. CO2 from Italian and European industrial emitters would be collected by pipeline, ship, rail and road, then stored permanently in offshore reservoirs in the Adriatic Sea.
  • The Eni-Snam Joint Venture would develop and operate the offshore geological storage, the compression station and the multimodal terminal for receiving CO2.
  • Snam will develop the onshore transport network, including the Ravenna-Casalborsetti and Ferrara-Casalborsetti pipelines, which will connect Italy's main industrial areas to the Ravenna storage system.
  • Eni says the Ravenna CCS hub has an overall storage capacity of approximately 500 million tonnes, equal to more than 70% of the announced storage capacity in the Mediterranean.

What’s still pending

  • The development plan envisages reaching a storage capacity of 4 million tonnes of CO2 per year by 2030.
  • Expansion to 16 million tonnes per year is described as a potential in later development phases.

6ix AI wrote this summary from the release below and checked it against the release.

Ravenna CCS, developed by Eni and Snam, is the largest infrastructure in the Mediterranean for CO₂ reception, transport and storage

San Donato Milanese (Milan)/Milan, 20 October 2026 - The Ravenna CCS Phase 2 project, developed by Eni and Snam to build an integrated, multimodal CO₂ transport and storage infrastructure, has been selected by the European Commission for funding under the 2025 Innovation Fund - Net-Zero Technologies, in the Large Scale category.

The initiative is among the strategic projects identified as priorities by the European Union to accelerate industrial decarbonisation and strengthen the competitiveness of the continent's low-emission technology value chain. The selection by the European Commission represents significant recognition of the project's industrial, technical and economic robustness, as well as its strategic relevance to achieving Europe's climate objectives.

Ravenna CCS is the leading European hub for the permanent storage of CO₂ in Italy and Mediterranean Europe, with an overall capacity of approximately 500 million tonnes, equivalent to more than 70% of the announced storage capacity in the Mediterranean. Ravenna CCS Phase 2 involves the large-scale development of the Ravenna hub, building on the experience gained during the project's first phase, which achieved excellent results in terms of decarbonisation and energy efficiency.

The development plan envisages reaching a storage capacity of 4 million tonnes of CO₂ per year by 2030, with the potential for progressive expansion to 16 million tonnes per year in subsequent development phases.

The project's multimodal architecture will enable CO₂ from a wide range of Italian and European industrial emitters to be collected by pipeline, ship, rail and road transport, for subsequent permanent storage in offshore reservoirs in the Adriatic Sea.

The project provides for the development and operation by the Eni-Snam Joint Venture of the offshore geological storage infrastructure, the compression station and the multimodal terminal for CO₂ reception. Snam will develop the onshore transport infrastructure, including the Ravenna-Casalborsetti and Ferrara-Casalborsetti pipelines, which will connect Italy's main industrial areas to the Ravenna storage system.

ENI S.p.A. on 6ix

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