Carbon Capture, Utilisation and Storage in the European Union

This report looks at the current technology status, value chains, and market positions of carbon capture utilization and storage (CCUS) technologies. In 2022, the industry saw unprecedented growth. Costs vary widely depending on the host industry, technology, location, plant design, and regulatory frameworks. Global venture capital investment more than doubled from 2021 to 2022, with US attracting the most. The US, EU, and Japan filed the most high-value inventions. Within the EU, France, Germany and the Netherlands are leaders on patents while Denmark leads in public R&D investment. CCUS offers circular carbon economy benefits but there are concerns about leakages, safety, and public acceptance.