CCUS-status, barriers and potential

About this webinar

Good progress has been made in reducing the cost of CCUS through the early commercial scale demonstration projects and the latest front-end engineering design (FEED) design studies, with CO2 capture costs now projected to be in the range of $43-45/tCO2. Further cost reduction can be expected through ‘learning by doing’ where perhaps a further 50-75% cut could be expected as the technology is rolled out commercially. However, to kick-start this roll-out, a strong financial and regulatory regime will need to be put in place which delivers more positive carbon pricing signals, provides investment for carbon transport and storage infrastructure and provides more accessible debt and equity financing on the back of lowering CCUS specific project risk.