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Carbon capture and storage projects progressing, new report finds

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After gasworld had gone green for its April issue, we’ve learned from a report by the Global CCS Institute that the global commitment to carbon capture and storage (CCS) remains strong and projects are progressing.

The global commitment to CCS technologies remains strong, according to The Global Status of CCS: 2010 report released by the Global CCS Institute at the start of March.

The report identifies 234 active or planned CCS projects ranging across technologies, project types and sectors at the end of 2010, a net increase of 21 projects since the previous year. Of these, 77 are fully integrated, large-scale projects demonstrating the full CCS value chain.

CCS projects are largely seen as a key component in an environmentally friendly, future green society – as illustrated in gasworld’s April (2011) magazine. Funding, investment and governmental support are often cited as challenges to CCS projects, but the report from the Global CCS Institute appears to suggest that such challenges are being embraced, if not overcome.

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