Global CCS Institute has published its annual report, titled The Global Status of CCS: 2011, surveying 74 large-scale integrated carbon capture and storage (CCS) projects were identified around the world.

 

The report found 14 of the 74 were operating or under construction, with a total carbon storage capacity of 33 million tonnes a year.

 

“Progress is being made on CCS globally. The number of CCS projects in operation or under construction is growing and is likely to continue to grow,” the report found.

 

“Over the last year there has been good progress with more projects entering construction and a clustering of projects in advanced stages of development planning. Ten projects in the most advanced stage of development planning reported that they could be in a position in the next 12 months to decide on whether to take a final investment decision (FID) and move into construction. Importantly, power generation projects are prominent in this group.”

 

The report urges ‘substantial, timely and stable policy support’ for CCS technology to grow into broad deployment. The report found that a sound policy framework surrounding carbon emissions mitigation is required for private sector uptake.

 

The full report can be found here