Carbon Capture and Storage (CCS) separates CO2 emissions at source and stores them geologically. It is important because it can be applied to wide variety of emission sources such as in heavy industry, power, and oil and gas. In scenarios set out in the IPCC report of 20181, CCS accounts for a cumulative cut through to 2050 of up to 300 GtCO2, which equates to over 800x UK CO2 emissions in 20182.
There are currently 19 large scale CCS facilities in operation globally. They have successfully stored and captured more than 250 million tonnes of CO2 from applications including gas processing, oil refining, chemical manufacture, steel production and power generation. A further 4 facilities are currently in construction and 28 in various stages of development. The International Energy Agency estimate that meeting the Paris Agreement aims would imply the deployment of around 2,000 facilities by 20403.
This report published by the Global Carbon Capture and Storage Institute examines the development status of this technology. It provides a detailed analysis of the global CCS facility pipeline, geological storage capacity, and the policy, legal and regulatory environment.
1 Intergovernmental Panel on Climate Change, 2018. Special Report, Global warming of 1.5°C. Summary for policymakers
2 Department for Business, Energy and Industrial Strategy, UK Greenhouse gas emissions
3 International Energy Agency: Carbon Capture, Utilisation and Storage, a critical tool in the climate energy toolbox