Ravenna CCS (includes Callipso)

The project involves the establishment of a CCUS hub in Ravenna with the perspective to capture CO2 from multiple industries in the Po Valley and store it offshore, in the depleted gas reservoirs of the Adriatic Sea. According to the plans, Phase 1 of the project will start in 2023 with an initial capacity of 0.025 Mtpa whereas Phase 2 of the project is scheduled for 2027 with a capacity of 4 Mtpa. The storage resource in the Adriatic Sea gives the project the possibility for subsequent development which will increase progressively its storage capacity to 12 Mtpa by 2034 and to 16 Mtpa by 2038.