Industry Trend

The Developing Business Models for CCS

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  • Carbon capture and storage (CCS) has a major role to play in rapid energy scenarios, with its deployment in tonnage terms needing to increase 140 times by 2050.
  • CCS faces a cost challenge and currently offers few revenue-generating opportunities to replace public funding.
  • Yet a raft of companies believe CCS can help them boost value beyond enhanced oil recovery, planning to use it to help deliver low-carbon LNG and hydrogen.

The Issue

Carbon Capture (CCS), Corporate Strategy
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