Data & analytics solutions

Insight 04 September 2024

This report is currently unavailable

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Report summary

Welcome to the CCUS in brief where we bring you quick, responsive opinion and analysis on all that's going on globally within the carbon capture, utilisation and storage industry. The report provides rolling coverage of events, with stories posted to this page soon after any announcement, where possible. Our analysis is driven by our newly launched Lens CCUS platform, where we house our CCUS project, subsurface and emissions datasets which are updated on a weekly basis.

Northern Lights Phase 1 is ready for CO 2
Harvestone strikes US$205 M tax equity deal with BofA for its Blue Flint Ethanol CCS plant
Ravenna CCS Phase 1 begins injection
Sweden launches first BECCS support tender call
Ørsted scraps FlagshipONE: what this could mean for the global e-fuel market
DAC developments: technology advancements and sequestration opportunities
NextDecade withdraws application for Rio Grande CCS
Deep Sky announces Alberta DAC pilot facility
The National Audit Office publish assessment of UK CCUS Programme
PETROS sets the carbon storage benchmark in Asia
Chubu Electric Power plans Japan’s largest cross-border CCS hub
European Commission publishes revised CO 2 storage guidance
Australian technology developer ramps up production of promising CO 2 adsorbent
Progress in the pipeline to carbon reduction: What’s happening in UK hub CO 2 pipeline transport
Japan forges ahead by selecting 9 CCS projects for funding
New Norwegian saline aquifer subsurface summaries published
Iowa approves Summit Carbon Solutions pipeline project
Shell takes final investment decision on the Polaris capture and Atlas carbon storage hub projects
Queensland says no to CCS in the Great Artesian Basin but Australia still open for CCS
Equinor signs an agreement to develop CO2 transport infrastructure in France
Denmark announces first onshore carbon licences
Norway leads carbon licensing in 2024
Texas offers third round of CO 2 storage leases
Is Indonesia geologically advantaged to be the region's leading CCUS hub?
- CCUS on the table for Malaysia by year-end
Climeworks starts up part of its Mammoth DAC project
Four North Sea countries and Sweden form bilateral agreements to enable cross-border CO 2 transport, UK absent
Capital Power shelves Genesee CCUS project
First UK carbon storage out of round area launched in the English Channel
- No pressure as Japan keeps it cool with liquefied CO 2 shipping
France – putting the S in CCS. France makes first move into domestic carbon storage
A major milestone - 1000 projects in our CCUS database
SLB acquires a majority stake in Aker Carbon Capture
Germany launches Carbon Management Strategy and Carbon Contracts for Difference
South Korea passed CCUS Act
Japan’s Cabinet approves legislation for exploring CO 2 storage sites and storing captured CO 2
ExxonMobil and Shell to develop cross-border CCS project in Singapore
The Norwegian Ministry of Energy launches its sixth carbon storage licensing round
Japanese consortium plans CCS storage development in Sarawak, Malaysia
Canada’s Genesee CCUS project reportedly at risk as inaction over Canadian contracts-for-difference continues
Valero signs on to Summit Carbon Solutions' Midwest pipeline project
Delving into the subsurface: storage sweet spots in saline aquifers
Aker Carbon Capture announces first-of-a-kind pulp and paper CCS project
RWE announces plans to progress its fourth UK CCS project
The Ontario government authorizes ‘special projects’ for CO 2 storage
Neptune-Eni Acquisition
Indonesia issues CCS regulation
POET signs on to Summit Carbon Solutions' Midwest pipeline project
Applicants confirmed in Denmark’s second carbon storage licence round
PTTEP assessing third CCS hub in Thailand.
ADNOC acquires 10.1% stake in CCUS player Storegga
Louisiana gains primacy over Class VI wells
BKV’s Fort Worth basin first on CO2 sequestration
Alberta Carbon Capture Incentive Program Announced
DOE awards US$ 444 million to US carbon storage projects
Canada releases 2023 Fall Economic Statement
Australia passed legislation to support transboundary CO 2 storage
Pertamina and ExxonMobil signs US$2 billion agreement to develop Sunda-Asri CCS hub
Oxy accelerating DAC ambitions with BlackRock partnership in Stratos
South Korea’s SK E&S signs cross-border CCS agreement with Australia’s Santos
First UK CCS licence round: opportunities and obstacles
PTTEP delays Lang Lebah FID to 2024
The Netherlands progresses its first CO 2 transport and storage hub
Navigator CO 2 cancels Heartland Greenway pipeline project
Oxy and ADNOC partner on UAE DAC plant
SK Capital acquires CCS-as-a-service company Milestone Environmental
CCUS at the frontline of the World Petroleum Congress
Winners announced in UK 1st carbon storage licence round
BP forms partnerships to study CCUS value chains in Indonesia
Pertamina plans CO 2 injection trial at Sunda-Asri
CO 2 pipeline projects meet regulatory pushback in the American Midwest
ADNOC takes FID at its Habshan CCUS project in the UAE
Malaysia advances CCUS hub ambitions, targets 40 to 80 Mtpa storage capacity by 2050
Australia is open for offshore GHG storage
Denmark accelerates CCUS plans with new policy proposal
Texas awards leases for CO 2 storage
PetroChina goes green for oil
South Korea-Malaysia’s Shepherd CCS project signs additional major partners
California awards first sequestration permit
Oxy's big DAC week
ExxonMobil to acquire Denbury in the US
EU Innovation Fund Awards 11 CCUS projects for funding
The UK progresses the Acorn and Viking CCS Clusters
Pertamina, JAPEX and JOGMEC sign JSA for CO 2 injection field test for EOR at Sukowati, Indonesia
ADNOC completes the world’s first CO 2 injection well in a carbonate saline aquifer
Japanese firms and consortium partners make progress on CO 2 shipping technology scale-up
PETROS captures attention with new Sarawak CCS block
Denbury's CCUS business expands with two new deals
TotalEnergies, PETRONAS and Mitsui announce Asia-Pac CCS hub
Japan selects 7 CCS projects for funding
CNOOC commissions China's first offshore CCS demonstration project
Asia's largest carbon capture facility for coal-fired power generation started operating in China
Pertamina steps up plans on CCS
ExxonMobil signs a carbon offtake agreement with a steel producer in Louisiana
UK offers 20 provisional licences following 1 st Carbon Storage bid round
- Announcement:
- Beyond the headline:
NextGen secures first advance purchase of carbon removal credits
Northern Lights gains another cross-border customer in Ørsted’s Kalundborg Hub
Petrobras announces plans for first CCS hub offshore Brazil
National Grid and Shell exit Northern Endurance Partnership
BP partners with Harbour Energy in Viking CCS
The UK selects its first batch of carbon capture projects
Norway awards two new carbon storage licenses near Yme
ExxonMobil bets on US GoM Shelf with hopes for CCS conversion
Canada’s 2023 Federal Budget inches CCUS support forward
Indonesia announces long awaited CCS/CCUS regulations
Harbour Energy confirms CO 2 storage capacity for Viking CCS
Bayou Bend CCS expands into US onshore acreage
Petra Nova gets a second wind
Energean advances CCS plans in Egypt with the Abu Qir project
Storage at scale – Claims of gigaton scale storage in the East Irish Sea captures interest
Boiling over - Frustrations mount over delays with the Federal EPA primacy application process
Texas to offer leases for CO 2 storage projects
Japan establishes long-term carbon capture and storage roadmap
Norway carbon storage: NPD announce first acreage release of 2023, due east of Sleipner
Norway carbon storage: Six companies bid on EL005
Alberta changes TIER regulations to support CCUS Hub growth
Petronas Carigali and JX Nippon advance BIGST sour gas project
PETRONAS announce FID for Kasawari CCS
Commercial US DAC lists grows with Climeworks and Gulf Coast Sequestration agreement
- Major US DAC Projects:
Aramco’s Jubail is poised to become a regional CCS and Hydrogen hub
November 2022
- Eni advances Bacton Thames Net Zero Initiative

Tables and charts

This report includes 118 images and tables including:

Ravenna CCS phase 1 will store emissions from Eni's Casalborsetti gas treatment plant
Announced e-fuel capacity forecast by development status
Rio Grande LNG and offset on-offer CO2 storage lease tracts

Our data mirrors the NAO's findings of a shortfall between UK 2030 targets and Track 1 project capacities
Map of estimate locations for the three storage sites on-offer
Map of the planned carbon capture hub in Nagoya, Japan and storage site in Tangguh, Indonesia (open the image in a new tab to view in higher-resolution)
Left: EU carbon storage project annual capacity forecast. Right: Mapped EU carbon storage projects with proposed operational capacity by 2030. Views taken from Wood Mackenzie Lens Carbon.
Technology comparison for Dotz Earth and Amine Absorption
Pre-2030 announced UK Hub Projects awaiting government support
Map of Solent Cluster consultation corridors
Atlas carbon sequestration tenure lands and Polaris location
Map of Australia's CCUS projects, emissions, potential CO2 storage locations and GHG storage licensing activity. Map of the GAB is from the Australian government website.
Danish CCUS projects
Areas available for application
Available tracts and key projects
Map of the seven CCS projects announced by Japan's government
Northern Lights will be the world's first open access CO2 storage hub
Map of English Channel licence area on offer
Map of French CCS projects and potential carbon storage areas
Project count and total capacity by region: January 2020 vs May 2024
German capture projects (as of 19 March 2024)
Map of regional CCS projects that could be accessible to Singapore
Map of carbon exploration storage acreage on offer
Storage capacity growth by licence award date
Map of the M3 field with the surrounding depleted fields, CCS projects and infrastructure in offshore Sarawak, Malaysia,
Adding Valero to Summit Carbon Solutions’ project requires limited additional pipeline scope
Stø reservoir structure map
Composite CRS map of Stø aquifer
Great Yarmouth Power Plant and potential transport and storage hubs
CCUS projects in Canada by project status
Geology and stratigraphy of Southwestern Ontario
Neptune deal effect on Eni's CCUS portfolio
Wood Mackenzie valuation of Summit Carbon Solutions project (not including POET plant volumes)
Denmark carbon storage licensing
Map showing Thailand's Eastern Economic Corridor near the Pattani Basin, Gulf of Thailand.
Planned and operational project nominal capacity by state
US class VI permit applications by state
Enbridge's Bridgeport project location
Class II injection wells by state
Map of DOE funded projects
List of funded projects
DOE carbon storage funding by state
Class VI well applications by state
Australia is in the lead based on Wood Mackenzie's CCUS policy readiness index in Asia Pacific (link to report in footer)
Map of G-11-AP permit area with the Plover Formation in the Bonaparte Basin, Western Australia.
Wood Mackenzie's CCUS policy readiness index vs unrisked project pipeline (project count and capacity)
Porthos CCS project value chain
ACTL and Oil Sands Pathways projects
Operational projects in Canada
CCUS project stages
Summary of awarded licence acreage
Licence ownership in northern North Sea
Licence ownership in central North Sea
Licence ownership in southern North Sea
Indonesia's CCS project pipeline from 2023 to 2032
Planned CCUS Projects and Pipelines in States Across the American Midwest
CCUS net project capacity by company*
ADNOC's net CCUS capacity by project
Planned CCS projects in Malaysia
Map showing the location of 2023 GHG areas in Australia's Commonwealth waters.
Table of the 10 newly released areas with potential source and storage information.
Summary of future Danish CCS tenders
Texas GLO carbon storage bid results
Map showing Jilin CCS projects at Jilin and Daqingzijing oil fields, within Jilin oil field complex.
.
Map showing block SK427 and CCUS Projects in Malaysia
California CCUS project locations
Class VI well permits status by state
Denbury's US Gulf Coast storage projects
Deal consideration versus Wood Mackenzie valuation
CCUS facilities announced in the 3rd round of the EU Innovation Fund for large-scale projects
EU Innovation Fund CCUS projects by industry
UK CCS cluster capacity build-up
Top country by CO2 storage capacity in depleted fields within Asia Pacific
World CO2 emissions (scope 1&2 ktCO2e)
Volume of recoverable reserves by lithology - Middle East region (bnboe)
Cumulative CCUS project capacity by region
Location of Kasawari project and M1 field within F-Block, offshore Sarawak.
Table of 7 CCS projects selected by the Japanese government for funding
Map view of the 7 CCS projects selected by the Japanese government for funding
Chinese NOCs are planning large-scale CCUS projects
Operational CCUS projects from coal-fired power generation in Asia
Wood Mackenzie's assessment of the policy and regulatory readiness of 9 APAC countries
CCS projects onshore US Gulf Coast
Carbon capture, transport, and storage project capacity by country
Denmark's CO2 capture project pipeline up to 2030
Capture, transport, and storage project capacity by super region
Capture, transport, and storage project capacity by country
TotalEnergies CCUS portfolio by net capacity
UK capture capacity build out from selected projects
Figure: Norway's Carbon Storage License Awards, March 2023
ExxonMobil’s blocks from US GoM federal Lease Sales and Texas GLO CCS block offerings
Indonesia's CCUS projects in planning phase with start-up in the next decade
Map of Viking area fields for CO2 storage
Society of Petroleum Engineers’ (SPE) Storage Resource Management System (SRMS) framework
Best storage capacity estimate of the Viking area
Leading Texas and Louisiana Hubs
Abu Qir field map
Global project capacity by company
UK, East Irish Sea – screened depleted fields, carbon licenses & pipelines
Operating US Lower 48 CO2 capture projects
Map showing county acreage open to RFP
2023 offered carbon storage license
EL005: 2022 offered carbon storage license
BIGST cluster location
Initial reserves and CO2 storage capacity
CO2 emissions by industry type (scope 1 & 2, MtCO2e)
Potential CO2 storage candidates in Saudi Arabia
Map showing the shipping route from Maizuru to Tomakomai, Japan.
FIGURE: NSTA’s provisional license awards, UK’s 1st Carbon Storage bid round
FIGURE: Depleted fields in proximity to NNS Area1 & NNS Area 2 offerings (SOURCE: Wood Mackenzie Lens CCUS)
TABLE: EnQuest’s depleted fields in NNS-1 & NNS-2 offerings (SOURCE: Wood Mackenzie Lens CCUS)
FIGURE: EIS Area 1, Morecambe North and South Fields (SOURCE: Wood Mackenzie Lens CCUS)
TABLE: East Irish Sea, Morecambe depleted fields (SOURCE: Wood Mackenzie Lens CCUS)
FIGURE: SNS Areas and four Hornsea wind development phases (indicated by propellers below) (SOURCE: Wood Mackenzie Lens CCUS)
Bacton Thames Net Zero Initiative & planned storage at Hewitt
Wood Mackenzie estimate of Hewitt field CO2 storage capacity