GEI analyst Seth Haskell speaks at the CCS Strategy Europe event
Higher carbon prices give boost to industrial CCS
Improved financial incentives are spurring investment in CCS in industry, although challenges remain in sectors such as steel and cement
The CCS project landscape remains dominated by natural gas processing applications, but greater policy support and rising carbon prices mean there is a pipeline of projects in the ‘hard to abate’ sectors, such as cement and steel, according to Gulf Energy Information. “Most CCS projects and the overwhelming majority of the capture capacity associated with those projects is related to natural gas processing—projects such as Melkoya in Norway and Gorgon CCS in Australia, for example,” GEI analyst Seth Haskell said at Carbon Economist’s CCS Strategy Europe event in June. The CO₂ captured by natural gas processing projects is most often used for enhanced oil recovery (EOR), rather than being s
Also in this section
24 January 2025
Progress on the energy transition has slowed or even stopped, with greater societal engagement we can revitalise it
23 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition
14 January 2025
Bioenergy will be a key part of the energy transition as the world decarbonises, and Brazil is set to be a major player in the sector
