Global CCS Institute – Advancements in CCS Technologies and Costs

The main theme of the report is the exploration of the latest advancements in carbon capture, transport, and storage (CCS) technologies and their associated costs.

Key findings include the significant role of CCS in achieving net-zero emission targets, particularly in hard-to-abate sectors such as cement, steel, and chemical industries, as well as in decarbonizing power generation. Technological innovations and economies of scale are contributing to cost reductions in capturing, transporting, and storing CO2. The report provides a detailed analysis of the CCS cost structure, including the latest technological advancements and cost-reduction strategies.