The main objective of ECCO is to facilitate strategic decision making regarding early and future implementation of CO₂ value chains.

This will be achieved by:

• Provide the basis for the most promising enhanced hydrocarbon recovery (EOR and EGR) alternatives.
• Establish recommendations for how to implement the most promising EOR and EGR alternatives
• Prepare for analyses and recommendations through the development of a CO₂ value chain analysis tool.
• Quantify the potential EOR/EGR and CO₂ storage in European petroleum reservoirs in the North Sea and Central Europe and evaluate technological challenges.

In the first phase of ECCO, the main emphasis will be to identify future scenarios relevant for the realization of CO₂ value chains in Europe, involving experience from previous studies that have identified specific show-stoppers.

The involvement of all project partners, including background from power generation, oil and gas production and R&D, will ensure that all aspects that could affect the realization of a CO₂ value chain will be taken into consideration.