Targeted policy measures and support for innovation are critical for CCUS
With only two large-scale CCUS power projects in operation at the end of 2018 and a combined capture capacity of 2.4 million tonnes of CO2 (MtCO2) per year, CCUS in power remains well off track to reach the 2030 SDS level of 350 MtCO2 per year. As CCUS applied to power is at an early stage of commercialisation, securing investments will require complementary and targeted policy measures such as tax credits or grant funding. Support for innovation needs to target cost reductions and broaden the portfolio of CCUS technologies.
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