OECD nations lead on CCUS regulation

Storage site inspections and measurement, monitoring and verification are vital for oversight of sector, says IEA

Australia, Norway, the EU and the US are the regions with the most advanced regulatory frameworks for carbon capture utilisation and storage (CCUS), according to an analysis of IEA data. Establishing measurement, monitoring and verification (MMV) plans and putting in place rules for storage site inspections are key pieces of regulation required before CCUS projects can be fully implemented, according to the IEA handbook on CCUS regulation. “[An MMV] plan or process is at the core of any effort to ensure safe and secure operations,” the handbook says. “A measurement, monitoring and verification plan or process is at the core of any effort to ensure safe and secure operations” IEA Curr