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CCUS deployment is increasing
Carbon capture Net zero
Tom Young
30 January 2023
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CCUS expansion gaining momentum – IDTechex

Capacity will reach 1.8gt/yr of CO₂ by 2043, according to modelling by research agency

Global CCUS capacity will reach 1.8gt/yr of CO₂ by 2043, according to modelling carried out for a new report by research agency IDTechex. The IDTechex model falls on the low side of expected development pathways published by other agencies. Thinktank the Energy Transitions Commission’s (ETC’s) base-case scenario sees CCUS capacity reach 6.9gt/yr by 2050, while the high deployment scenario sees 10.1gt/yr by the same date. Meanwhile, the IEA’s net-zero scenario sees 6.2 gt/yr of capacity by 2050. But while the ETC and IEA scenarios are based on the required capacity to achieve climate goals, the IDTechex scenario is based on a forward projection drawn from current policies and existing deploym

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Also in this section
US DoE tests DAC technologies
31 March 2023
Two field tests of solid amine sorbent-based DAC systems are currently underway in an effort to increase efficiency and lower costs
Voluntary carbon markets’ growth challenges
31 March 2023
Conference participants voice concerns over public perception and difficulties integrating carbon instruments into broad investment portfolios
UK eyes Cbam as net-zero push accelerates
30 March 2023
Government consults on measures to tackle carbon leakage as it ramps up domestic decarbonisation efforts
Canada extends CCUS tax credit to British Columbia
29 March 2023
Support currently only available to projects in Alberta and Saskatchewan to be extended as part of C$520mn package of policy enhancements

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