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CCS News

CCS credit_northern_lights_ruben_soltvedt

​CCS investment rises, still sixfold short of net-zero needs

2025-06-17T12:13:00+01:00

Cumulative investment in carbon capture and storage (CCS) is expected to reach USD80 billion over the next five years, according to DNV’s new Energy Transition Outlook: CCS to 2050 report.

Storage tanks at the Northern Lights carbon capture and storage project in Norway

CCS targets unrealistic, says IEEFA

2024-10-23T07:30:00+01:00

Most of Europe’s planned carbon capture and storage (CCS) applications are too expensive to work on a commercial basis and are nowhere near ready to be rolled out, according to the Institute for Energy Economics and Financial Analysis (IEEFA).