An impactful year in every sense
I think it is likely that when we look back in a few years, 2018 may well go down as the year when the stars started to again align for CCS. After the celebration of the Paris Agreement in 2015 turned to the hard work of delivery, it has become increasingly clear that the world will need all the technologies, mechanisms and approaches available to curb ever increasing emissions. In this past year, and for the first time in quite a long time, we have seen decisive action from a number of governments to include CCS in their armoury.
BRAD PAGE CEO Global CCS Institute
“It has been an impactful year in every sense of the word. CCS has proven itself real, happening and here to stay”.
The world of
- Large-scale facility in operation or under construction
- Large-scale facility completed
- Smaller-scale facility in operation
- Smaller-scale facility completed
- Test centre
- = 1 MTPA of co2 (area of circles proportional to capacity)
Highlights for 2018
New initiatives in CO2 recycling and major new direct air capture (DAC) projects in the United States, Canada and Iceland.
43 large-scale facilities – 18 in commercial operation, 5 under construction and 20 in various stages of development.
Diverse new endorsement of CCS by supporters including explorers, economists, academics, religious leaders, unions, eNGOs, mayors, media, movie-makers and military.
Acknowledgement of CCS as a “catalyst” to new energy economies – particularly CCS with hydrogen.
Confirmation that CCS can generate new: employment, product streams (including BECCS, DAC and CO2 reuse) and economic revenues.
A wider appreciation that there are significant opportunities to deploy CCS in decarbonising the industrial sector, and improving its productivity and competitiveness.
Acceptance that “at least a thousand years” of global CO2 storage resources exist with no technical barriers.
International recognition that we need CCS to meet the global climate ambitions of the Paris Agreement.
A growth in CCS policy confidence across multiple country jurisdictions.