A New Dawn for CCUS After Five Decades of Ups and Downs
However, despite the critical importance of the technology and substantial development to date, CCUS deployment has been slower than anticipated.
- However, despite the critical importance of the technology and substantial development to date, CCUS deployment has been slower than anticipated.
- For further information on the CCUS market and its technologies, please refer to IDTechEx's report " Carbon Capture, Utilization, and Storage 2021-2040 ".
- CCUS capacity growth has been around 2.3Mtpa of added capacity since 2010, with annual capture capacity reaching 41Mtpa of CO in 2020.
- The first industrial large-scale CCUS project commenced operation about 50 years ago at the Val Verde natural gas processing plant in Texas, US.