1、 Page | 1 1. Introduction . 2 2. CCS technology - Various stages of maturity tied to CO2 concentration . 2 3. Storage risk storage rocks in the US . 4 4. Policy risk no party lines for CCS . 6 5. Counterparty risk What is the impact of COVID-19? . 7 6. CO2 Pipelines new challenges in 2020 . 8 7. Con
2、clusion Progress, but more investment urgently needed . 9 8. References . 10 Page | 2 Carbon capture, utilisation and storage (CCS) comprises a wide range of technologies that involves capturing carbon dioxide (CO2) produced by large industrial plants such as steel mills, cement plants, coal, and na
3、tural gas-fired power plants and refineries, compressing it for transportation and permanently storing it deep underground. Carbon capture technologies can also help remove CO2 from ambient air. Over the past year, the outlook for CCS has been positive, particularly in the United States (US). Thanks
4、 to broad bipartisan support at both the federal and state level, CCS in the US has seen growth exceeding that of any other nation. In 2020, the Global CCS Institute (the Institute) added 16 new US based projects to its CO2RE CCS Facilities database, with several more in the development pipeline. Ad
5、ditionally, the Institute has seen an increase in new stakeholders looking to engage and explore the role of CCS in their emissions reduction strategies. These new stakeholders include sustainable investors who believe CCS projects can deliver strong returns while achieving environmental goals and m
6、itigating climate change risk. These new market entrants, however, often share a common concern; the need to de-risk CCS for investment. This briefing will serve to summarise ongoing work by the Institute to communicate and educate stakeholders on the potential risk characteristics of CCS and to dis