CCUS Market Update Q1 2023
With a global development pipeline of over 1 Btpa, the CCUS industry is entering a new phase. Companies’ focus is starting to shift away from new announcements towards project development. In this report we provide an update on the last quarter’s biggest changes in the global CCUS market. This report covers: - Pipeline growth and maturation – How far have we come, and how much more do we need to do? - Policy changes – What progress has there been in Q1, and how will it affect CCUS projects going forward? - CO2 storage and licensing permitting – Where are blocks being bought, and what are their plans with the space?