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CCUS is gaining traction as one of the transition’s key technologies, supported by rising carbon costs and supportive policies in some regions.
Demand for the technology is growing across multiple applications, from the abatement of refining and gas-fired generation, to blue hydrogen projects and multi-sector low-carbon industrial clusters.
What are the technical and financial challenges facing developers of these complex projects and what is the outlook for CCUS by sector and by geographical region as the transition unfolds over the coming decades?