K°Focus | CCS

CARBON CAPTURE &
STORAGE

EPISODES

ABSORPTION TECHNOLOGIES

DESUBLIMATION TECHNOLOGIES

CAPTURE TOWER TECHNOLOGIES

OVERVIEW TRENDS AND TECHNOLOGIES

The need to fulfill climate change mitigation commitments has made carbon capture a rapidly evolving and increasingly dynamic field. As the technology landscape expands, there are multiple ways to categorise and describe the main trends and technologies, depending on the intended audience — whether technical, general public, or policy-oriented. Below are several effective frameworks for classifying carbon capture technologies from different perspectives.

BASED ON SEPARATION MECHANISM

ABSORPTION

Uses liquid solvents (e.g. amines) to chemically bind
with CO₂.

ADSORPTION

Uses solid materials (e.g. zeolites, MOFs*) where CO₂
adheres to the surface.

MEMBRANE SEPARATION

CO₂ selectively passes through a membrane based
on size or solubility.

CRYOGENIC SEPARATION

CO₂ is captured by cooling the gas until CO₂ condenses
or desublimates.

CALCIUM LOOPING

CO₂ reacts with calcium-based solids to form carbonates,
then is released.

* Metal-Organic Frameworks (MOFs) are used as adsorbents due to their high porosity, large surface area, and tunable pore sizes. MOFs are materials composed of metal ions or clusters linked by organic ligands to form porous, crystalline structures."

OVERVIEW CCS MARKET

GLOBAL CARBON CAPTURE & STORAGE MARKET

2023

4.03 Billion $

2030

13.76 Billion $

LEADING COUNTRIES IN INVESTMENT

USA

The U.S. is a global leader, driven by policies like the 45Q tax credit and significant investments in CCS projects, including the Houston Ship Channel CCS Innovation

United Kingdom

The UK government has committed substantial funding and aims to establish multiple low-carbon industrial clusters by 2030

Canada

Canada’s ambitious climate targets include reducing greenhouse gas emissions at least 40% by 2030 from 2005 levels and reaching net-zero emissions by 2050

Netherlands &

Australia

Both countries are actively developing CCS projects to decarbonize their industries

China

Strong momentum for CCS development continues in China since the successful start of full operations of its first integrated megatonne-scale CCS project in Shandong province in August 2022

Source: Global Status of CCS Report 2023 Report

Facts and Figures about Carbon Capture and Storage

GROWTH DRIVERS

PST_AdobeStock_617175507_edited_edited.j

CLIMATE POLICIES & NET ZERO GOALS

Many countries and corporations aim
to reach net-zero emissions by 2050

GOVERNMENT INCENTIVES & REGULATIONS

Tax credits, carbon pricing, and subsidies encourage CCS investments

INDUSTRIAL DECARBONISATION
NEEDS

Hard-to-abate sectors (cement, steel, chemicals) require CCS to achieve emission reductions.

HYDROGEN ECONOMY NEEDS

Blue hydrogen production relies on CCS to remain a low-carbon fuel option

INCREASED INVESTMENT & TECHNOLOGICAL INNOVATION

Advancements in capture efficiency, cost reductions, and better storage solutions support CCS scalability

CCS

REDUCE INDUSTRIAL EMISSIONS

ENABLES NEGATIVE EMISSIONS

SUPPORTS ENERGY TRANSITION

BRIDGES THE GAP
TO NET-ZERO

Facts and Figures about Carbon Capture and Storage

MARKET CHALLENGES

HIGH COSTS

Carbon capture, utilisation, and storage (CCUS) technologies are expensive to develop and implement, making it difficult for many companies to adopt them on a large scale.

K°Focus | CCS

CARBON CAPTURE &
STORAGE

EPISODES

OVERVIEW TRENDS AND TECHNOLOGIES

OVERVIEW CCS MARKET

Facts and Figures about Carbon Capture and Storage

GROWTH DRIVERS

CCS

REDUCE INDUSTRIAL EMISSIONS

ENABLES NEGATIVE EMISSIONS

SUPPORTS ENERGY TRANSITION

BRIDGES THE GAP
TO NET-ZERO

Facts and Figures about Carbon Capture and Storage

MARKET CHALLENGES

HIGH COSTS

Carbon capture, utilisation, and storage (CCUS) technologies are expensive to develop and implement, making it difficult for many companies to adopt them on a large scale.

REGULATORY AND
POLICY BARRIERS

Inconsistent regulations and lack of clear policies across regions hinder the growth and standardisation of carbon markets.

ENERGY INTENSITY

The process of capturing and storing carbon dioxide requires significant energy, which can offset some of the environmental benefits.

INFRASTRUCTURE LIMITATIONS

The lack of adequate infrastructure for transporting and storing captured carbon dioxide poses a significant obstacle.

K°Focus | CCS

CARBON CAPTURE & STORAGE

EPISODES

OVERVIEW TRENDS AND TECHNOLOGIES

OVERVIEW CCS MARKET

Facts and Figures about Carbon Capture and Storage

GROWTH DRIVERS

CCS

REDUCE INDUSTRIAL EMISSIONS

ENABLES NEGATIVE EMISSIONS

SUPPORTS ENERGY TRANSITION

BRIDGES THE GAP TO NET-ZERO

Facts and Figures about Carbon Capture and Storage

MARKET CHALLENGES

HIGH COSTS

Carbon capture, utilisation, and storage (CCUS) technologies are expensive to develop and implement, making it difficult for many companies to adopt them on a large scale.

REGULATORY AND POLICY BARRIERS

Inconsistent regulations and lack of clear policies across regions hinder the growth and standardisation of carbon markets.

ENERGY INTENSITY

The process of capturing and storing carbon dioxide requires significant energy, which can offset some of the environmental benefits.

INFRASTRUCTURE LIMITATIONS

The lack of adequate infrastructure for transporting and storing captured carbon dioxide poses a significant obstacle.

CARBON CAPTURE &
STORAGE

BRIDGES THE GAP
TO NET-ZERO

REGULATORY AND
POLICY BARRIERS