Report
The Covid-19 Crisis and Clean Energy Progress
Impact on sectors and technologies
Carbon capture, utilisation and storage
Carbon capture, utilisation and storage, or CCUS, is an important emissions reduction technology that can be applied across the energy system.
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CCUS technologies involve the capture of carbon dioxide (CO2) from fuel combustion or industrial processes, the transport of this CO2 via ship or pipeline, and either its use as a resource to create valuable products or services or its permanent storage deep underground in geological formations.
CCUS technologies also provide the foundation for carbon removal or "negative emissions" when the CO2 comes from bio-based processes or directly from the atmosphere.
CCUS technologies also provide the foundation for carbon removal or "negative emissions" when the CO2 comes from bio-based processes or directly from the atmosphere.
Last updated Jun 16, 2020
Key findings
Large-scale CO2 capture projects in power generation in the Sustainable Development Scenario, 2000-2040
OpenTargeted policy measures and support for innovation are critical for CCUS, especially after Covid-19
Two large-scale CCUS power projects are currently in operation with a combined capture capacity of 2.4 MtCO2 per year. This is well off track to reach the 2030 SDS level of 310 MtCO2 per year. Prior to the Covid-19 crisis, CCUS was gaining new momentum. In 2019, 5 new CCUS-equipped power plants were announced, spurred primarily by new investment incentives in the United States, bringing the total to 14 power plants in development globally. As with other clean-energy investments, CCUS projects now face considerable challenges. CCUS applied to power is at an early stage of commercialisation, so securing investments will require complementary and targeted policy measures such as tax credits and grant funding.
Analysis
Tracking report
CCUS in Power
Tracking progress 2020
Tracking report
Tracking Power 2020
Tracking progress 2020
Tracking report
CCUS in Industry and Transformation
Tracking progress 2020
Commentary
What the 2008 financial crisis can teach us about designing stimulus packages today
Commentary
How to make the economic recovery from coronavirus an environmentally sustainable one
Commentary
Put clean energy at the heart of stimulus plans to counter the coronavirus crisis
Commentary
Going carbon negative: What are the technology options?
Events
25 Jun 2020 10:00—11:00
Understanding the cost of reducing water usage in coal and gas-fired power plants with CCS
16 Jun 2020 16:00—17:00
