Enhancing the Economic Feasibility of Carbon Capture, Utilisation, and Storage (CCUS) Projects

Abstract

Carbon capture, utilisation, and storage (CCUS) technologies have the potential to play a crucial role in mitigating climate change by capturing CO2 emissions from industrial processes and power generation. This study aims to explore the economic feasibility of CCUS and provide practical policy recommendations for making CCUS technologies economically feasible. The findings emphasise the importance of integrated policy frameworks, carbon pricing mechanisms, R&D investments, international collaboration, regulatory certainty, public awareness, and industry collaboration to unlock the potential of CCUS.