A new report by the Global CCS Institute is available now!
- Dec 7, 2020 4:28 pm GMT
A new report by the Global CCS Institute is out, and the key message is clear. 💡
We need CCUS to decarbonise energy-intensive industries, such as cement, iron, steel and chemical production industries.
CCUS will also play a role in the decarbonising power industry, although I think it won't be as substantial as that in EEIs. We've got renewables and nuclear for power after all. 🏭
Despite being challenging, 2020 has been a good year for CCUS:
- CCUS capacity increased by 33% year-on-year (116 MtCO2 per annum)
- 26 commercial facilities are operating
- 14 are in an advanced stage of development (FEED)
- 21 are in an early stage of development
It's great to see the growing momentum for CCUS. Yet, there's still lots to do to drive the costs down.
We keep working on new process designs, advanced capture materials and innovative business models to make CCUS more affordable.
How can we work together to deliver net-zero emissions? 🌍
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