Carbon Capture, Utilisation and Storage (CCUS) is increasingly becoming a key component of industrial climate strategies. But what is holding back progress?
As part of the IEA IETS Task XXI, our colleague Valerie Pfeffer-Rodin presented the final results of a comparison of national CCUS strategies and regulatory frameworks in 11 countries to an international audience last week.
Key findings:
– CCUS is becoming the key to industrial decarbonisation
– National strategies are increasingly converging
– Infrastructure and international cooperation are crucial
– The biggest hurdles remain: infrastructure, regulation, economic viability and public acceptance
Conclusion: The technology is here. Political and regulatory frameworks must be further developed to enable successful CCU and CCS value chains.
The presentation and the full report, including country analyses, can be found on our website.
Country comparison: Austria, Denmark, France, Germany, Italy, Norway, Sweden, the UK, Switzerland, Canada and Australia.
Austria’s participation is funded by the Federal Ministry for Innovation, Mobility, and Infrastructure.