CCUS is an integral part of the transition to next zero for multiple companies and industries, including those in hard-to-abate sectors. Which industries and locations can most quickly adopt CCUS at scale? What other factors are needed to provide the impetus for scaling of this solution in those industries?
The robust pipeline of Carbon, Capture, Utilization and Storage (CCUS) projects globally points to strong growth in the coming years. The technology is being deployed across a range of industrial applications, including hard-to-abate sectors, industrial hubs and power plants. At the same time, companies are testing different business models, including CCUS-as-a-service, sharing of CO2 infrastructure in industrial hubs and cross-border collaboration to connect emitters with CO2 transportation and storage facilities. What are the results of experimenting with these emerging business models? How replicable are they across different regions and policy environments? Which CCUS technologies are best suited to different deployment situations?