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CCS deployment accelerating, but needs to scale-up 100 fold by 2035 to meet 1.5 degree target
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Post Author
Patrick LaveryCombustion Industry News Editor
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Carbon capture and storage will need to scale-up by a factor of 100 times by 2035 if the world is to limit average global surface temperature rises to 1.5oC, according to the International Energy Agency (IEA). By that time, around 4 billion tonnes of CO2 will need to be captured annually, compared to the present rate of around 40 million tonnes per year, and by 2050, 7.6 billion tonnes/annum will need to be captured. Much of the rollout to 2030 is envisaged to occur in the production of blue hydrogen and in power generation retrofits, while post-2030 CCS applications will be geared more towards heavy industry. Governmental support will be essential to ramping up CCS, which the IEA says has been benefitting from a “rejuvenated narrative”. This year has already seen 40 CCS projects approved worldwide.