• Policy

        • United Kingdom

        • 2023

        Carbon Capture, Utilisation and Storage Cluster Sequencing Process - Track 2

        …selection of the clusters, while Phase-2 was the application of specific projects within those clusters. Combined storage capacity of 18 Mtpa
        Acorn captures industrial CO2 emissions from assets around the St Fergus Terminal, expected to use 175 miles of repurposed pipelines and store at least 5 Mtpa. Viking will capture CO2 from industrial assets in the Humber region and plans to capture 10 Mtpa by 2030 and 15 Mtpa by 2035. FID for Viking is planned for 2025
        In June 2025 development funding of GBP 200 million provided to both projects subject to business case. As the project develops…

        • Policy

        • United Kingdom

        • 2021

        Carbon Capture, Utilisation and Storage Cluster Sequencing Process - Track 1

        UK has the target of selecting 4 CCUS clusters for development by 2030. In November 2021, two clusters were selected under Track-1: HyNet and East Coast. Phase-1 was the selection of the clusters, while Phase-2 was the application of specific projects within those clusters. The shortlist of projects (Phase 2) was published in August 2022 with the final selection in March 2023 (3 in the East Coast Cluster and 5 in the HyNet Cluster)
        In October 2024, the government announced up to GBP 21.7 billion of funding over 25 years for the two Track-1 clusters…

        • Policy

        • European Union

        • 2013

        Horizon 2020 funding for carbon capture, utilisation and storage

        …to enable both Europe’s cement and lime industries to reduce their emissions dramatically and cost-effectively. LEILAC is based on an innovative carbon capture and storage technology that enables capture of the process emissions in cement production. The EUR 21 million (USD 23 million) project has received EUR 12 million (USD 13 million) via the H2020 programme.

         

        STRATEGY CCUS, a three year programme (2019-2022), which supports the development of low-carbon energy and industry in the Southern and Eastern regions of Europe. The programme aims to identify potential CO2 transport corridors in relation to industry clusters that can…

        • Policy

        • Canada

        • 2022

        Investment Tax Credit for Carbon Capture, Utilization and Storage (CCUS)

        The Canadian government announced an investment tax credit for Carbon Capture Utilisation and Storage (CCUS) projects in 2021, with details released in 2022. The incentive applies to CCUS projects that permanently stored captured CO2 via dedicated geological storage, or storage of CO2 in concrete. From 2022 through 2035, the tax credit rates will be set at: 60% for investment in equipment to capture CO2 in direct air capture projects, 50% for investment in equipment to capture CO2 in all other CCUS projects, 37.5% for investment in equipment for transportation, storage and use. To encourage the industry to move quickly…

        • Policy

        • United Kingdom

        • 2016

        Accelerating Carbon Capture and Storage (CCS) Technologies (ACT)

        In 2016 the UK joined a consortium of 9 European countries to co-fund collaborative innovation projects into carbon capture, utilisation and storage (CCUS) called Accelerating CCS Technologies (ACT).ACT is a European Research Area Network (ERA-NET) Cofund, a tool established by the European Commission under the Horizon 2020 programme for research and innovation. ERA-NET Cofund enables European countries to join forces when it comes to funding RD&D and innovation on subjects of high European interest. Under the scheme, European countries have provided EUR 25.34 million to support collaborative projects that can accelerate the deployment…

        • Policy

        • Australia

        • 2021

        Clean hydrogen and carbon capture investment

        The Australian Government has announced AUD 539.2 million investment in clean hydrogen and carbon capture and storage (CCS) and carbon capture, utilisation and storage (CCUS) as part of emissions reduction and economic recovery efforts in the 2021-2022 Budget, which is expected to create 2,500 jobs. This announcement includes: - AUD 275.5 million to support the development of four additional clean hydrogen hubs in regional Australia, trial a hydrogen certification scheme, and fund legal and market reforms. - AUD 263.7 million to support the development of CCS/CCUS projects and hubs.

        • Policy

        • United States

        • 2022

        Creation of a Carbon Capture Regulatory Framework (SB 905)

        …the California Air Resources Board (CARB) to establish a "Carbon Capture, Removal, Utilization and Storage Program" to evaluate CCUS and carbon removal (CDR) technologies. More specifically, SB 905 requires CARB to:Adopt regulations for a unified permit application for the construction of CCUS projects throughout the stateDevelop a centralised database to track the deployment of CCUS and CDR technologies and projects in the stateAdopt protocols to support additional and new methods for CO2 utilisation and CO2 storageAdopt financial responsibility regulations for CCUS projects that require the CO2 storage operator to maintain financial responsibility for not less than 100 years after…

        • Policy

        • Indonesia

        • 2023

        Energy Minister Order No.2 2023 on the Utilisation of CCUS in Oil and Gas exploration

        In March 2023, the Indonesian Government under the Ministry of Energy and Mineral Resources finalised a legal and regulatory framework for the implementation of Carbon Capture, Utilization and Storage (CCUS) in oil and gas exploration and production activities. The framework relies on the holders of oil and gas leases to spearhead CO2 storage development and operation. Storage activities that include dedicated storage operations and those associated with enhanced hydrocarbon recovery are to be conducted within the existing lease areas, such as in depleted oil and gas fields. The framework also includes a transfer mechanism whereby the government assumes long-term…

        • Policy

        • United States

        • 2003

        Regional Carbon Sequestration Partnerships (RCSP)

        …Regional Carbon Sequestration Partnership (RCSP) is an initiative for advancing carbon capture, utilisation and storage (CCUS) demonstration projects and mapping potential storage locations. There are 7 partnerships: Big Sky Carbon Sequestration Partnership (led by Montana State University)Midwest Geological Sequestration Consortium (led by Illinois State Geological Survey)Plains CO2 Reduction Partnership (led by University of North Dakota Energy & Environmental Research Center)Midwest Regional Carbon Sequestration Partnership (led by Battelle)Southeast Regional Carbon Sequestration Partnership (led by Southern States Energy Board)Southwest Regional Partnership on Carbon Sequestration (led by New Mexico Institute of Mining and Technology)West Coast Regional Carbon…

        • Policy

        • Singapore

        • 2022

        The Low-Carbon Energy Research Funding Initiative

        The Low-Carbon Energy Research (LCER) Funding Initiative (FI) is a multi-agency initiative that aims to develop low-carbon energy technologies in hydrogen and carbon capture, utilisation, and storage (CCUS), to support the decarbonisation of the power and industry sectors. The first grant call was issued in 2021 and focused on developing low and medium technology readiness level (TRL) technologies (i.e. low: TRL 1-3, medium: TRL 4-6). Singapore selected 12 research, development and demonstration projects as part of the first call, totalling SGD 55 million.The second grant call was launched in 2023 for funding to…

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