A major report launched by think tank the Global CCS Institute at the UN climate change conference COP25 finds that deployment of CCS has continued to gather pace, with the pipeline of CCS projects continuing to grow for the second year in a row, up 37% since 2017.
TheGlobal Status of CCS 2019 Report: Targeting Climate Change shines a light on the next wave of CCS projects globally, while also highlighting the flexibility, applicability and increasingly positive economics of applying CCS to a range of emission sources.
The next wave of CCS projects is expected to focus on large-scale abatement, through development of hubs and clusters.
These capture CO2 from multiple industrial installations and use shared infrastructure for the subsequent CO2 transportation and storage to drive down costs.
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