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Global Carbon Capture, Utilisation, and Storage (CCUS) Deployment Expansion

Sector: Hydrogen

Source: Trinidad Guardian

Project
Planned

This project involves the significant expansion of global carbon capture, utilisation, and storage (CCUS) capacity, projected to increase from just over 100 MtCO per year in 2025 to more than 1,200 MtCO per year by 2030, and approximately 1,370 MtCO per year by 2035. The expansion is driven by projects under construction or in advanced planning stages, supported by stronger policy frameworks and f

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The project “Global Carbon Capture, Utilisation, and Storage (CCUS) Deployment Expansion” is an infrastructure initiative in the Hydrogen sector. Taiyo aggregates data on it from Trinidad Guardian.

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Participants

Sponsoring Agency

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Company

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Status

Original status

planned

Taiyo status

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Contact

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Phone

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Email

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Address

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Description

Description

This project involves the significant expansion of global carbon capture, utilisation, and storage (CCUS) capacity, projected to increase from just over 100 MtCO per year in 2025 to more than 1,200 MtCO per year by 2030, and approximately 1,370 MtCO per year by 2035. The expansion is driven by projects under construction or in advanced planning stages, supported by stronger policy frameworks and fiscal incentives, particularly in the United States and Europe. The project aims to support industrial decarbonisation in sectors such as cement, steel, chemicals, and hydrogen production, and includes research into long-term geological storage, with specific initiatives in Trinidad and Tobago.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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