United States: In 2021, the US passed the Infrastructure Investment and Jobs Act (IIJA), which provides approximately USD 12 billion across the CCUS value chain through 2026.Examples include modularisation of capture systems within self-contained, plug-in systems (with the potential to reduce land footprint, costs and lead times of capture retrofits across applications) and hybridisation of different capture technologies within capture systems (to increase capture rates while reducing costs and/or energy penalty). In addition to technology improvements, different trends could further improve the techno-economic performance of CO 2 capture. While the most advanced and widely adopted capture technologies are chemical absorption and physical separation, other separation technologies under development include membranes and looping cycles (such as chemical looping and calcium looping).
A project in China to capture CO 2 emissions from fertiliser production was commissioned.Two CCUS projects were retrofitted to chemical production, in the United Kingdom and China.One large-scale demonstration project retrofitting CCUS to iron and steel production was commissioned in Belgium, bringing the number of large-scale operating CCUS projects on iron and steel to two.In 2022 a number of new projects were commissioned: The project was named as an investment priority in a UK government announcement in March 2023.ĬCUS applied to the industrial sector has also made progress. Net Zero Teesside Power in the United Kingdom is expected to come online in 2027 and could become one of the first commercial-scale gas-fired power stations with CCUS.NET Power’s 50 MW clean energy plant (commissioned in 2018) is a first-of-its-kind natural gas-fired power plant employing Allam cycle technology, which uses CO 2 as a working fluid in an oxyfuel supercritical CO 2 power cycle, which could significantly reduce capture costs.Several technological innovations that have been proposed to reduce CCUS costs for power generation are now being tested: The first large-scale DAC plant (0.5 Mt CO 2/year) is scheduled to commence operations in 2025 in the United States. Globally, over 40 bioethanol facilities, among the lowest-cost BECCS applications, have announced plans to capture CO 2, and around 25 biomass and waste-fired combined heat and power plants could be capturing around 30 Mt CO 2 by 2030. cement and steel production).īioenergy with carbon capture and storage (BECCS) and direct air capture (DAC) with CO 2 storage are key carbon dioxide removal technologies. Based on the current project pipeline, by 2030 annual capture capacity from both new construction and retrofits could amount to around 90 Mt CO 2 from hydrogen production, around 80 Mt CO 2 from power generation and around 35 Mt CO 2 from industrial facilities (e.g. Currently, around 65% of operating CO 2 capture capacity is at natural gas processing plants, one of the lowest-cost CO 2 capture applications, but new CCUS developments are increasingly targeting other applications. The widespread adoption of economy-wide decarbonisation targets for 2050 is stimulating the diversification of CO 2 capture applications.
In China, three new projects became operational in 2023, while Japan selected seven candidate projects for support towards their commercialisation.Indonesia finalised its legal and regulatory framework for CCUS in March 2023, making it the first country in the region to establish a framework for CCUS activities.
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