Overview
This report provides a key pillar to interested parties including policy makers, regulators, and the technical carbon capture, utilisation and storage (CCUS) / carbon dioxide removal (CDR) community on potential successful market strategies, including their pros and cons and their suitability for dierent economic and political realities, which may lead to the fast development of an eicient, safe, and accepted CCUS/CDR market sector.
Key findings
- The potential market strategies identified in this report offer a roadmap for accelerating CCUS/CDR deployment.
- These market strategies can be used by CCUS/CDR project developers as well as policymakers, trade bodies and other interested parties, to support rapid deployment of CCUS/CDR technologies.
- Adopting flexible ownership models, ensuring stable revenue mechanisms, and securing sustainable capital financing, can all drive the deployment of CCUS/CDR technologies and facilitating the roll-out of infrastructure.
- However, market strategies will vary depending on the sector (e.g. industry, power) and region so market strategies must be adaptable to address the unique economic, regulatory, and technological contexts of different markets.
- Collaboration among governments, industry leaders, and investors will be essential in overcoming challenges and driving widespread deployment of CCUS/CDR infrastructure to achieve net zero emissions.
