Wedoany.com Report on Mar 3rd, According to the latest report released by the Global CCS Institute in October 2025, Carbon Capture and Storage (CCS) technology continues to make progress worldwide. Currently, 77 commercial facilities are in operation, with 734 projects in the development phase, 47 of which are under construction. Global operational capacity is projected to increase from 64 million tonnes per year to 337 million tonnes per year by 2030. Among these projects, 93 are categorized as "power and heat generation," covering coal-fired, gas-fired, bioenergy, geothermal, and waste-to-energy facilities, with most still in early development stages.
The report indicates that the hydrogen and ammonia sectors are expected to lead CCS deployment by 2030, after which power and heat generation may surpass them. North America will maintain its capacity lead, while Europe is projected to increase from less than 3 million tonnes to over 90 million tonnes within five years. Globally, only about a dozen power generation facilities equipped with CCS are commercially operational, including five coal-fired power plants, led by China Huaneng Group's Longdong Energy Base in Gansu Province (1.5 Mtpa, operational in 2025) and Petra Nova in the US (1.4 Mtpa), as well as three small gas-fired units: Entropy Glacier in Canada (0.054 Mtpa), China Huaneng Yangpu in China (0.002 Mtpa), and Eni Casalborsetti in Italy (0.02 Mtpa). Operations also include two geothermal facilities: Ngawha in New Zealand (0.1 Mtpa) and ON Power Silverstone in Iceland (0.03 Mtpa).
Huaneng Group put its 1.5 Mtpa post-combustion carbon capture project into operation on September 25, 2025, conducting trial runs at the Zhengning coal-fired power plant. The facility uses a proprietary HNC-7 solvent system to capture over 90% of CO2 from flue gas for geological storage and utilization. Meanwhile, gas-fired combined cycle power plants equipped with CCS are becoming a focal point in North America, driven by growing demand from artificial intelligence and data centers. At least 11 related gas-fired power plant projects have been announced in the US and Canada.
Experts point out that carbon capture technology is mature enough and is no longer the primary limiting factor. Holly Krutka from infrastructure company Williams stated, "I think the next step might not be innovation in chemistry or membranes, but truly in execution, project execution, and who has the best execution strategy." Ben Gurtler from ION Clean Energy confirmed the technology readiness level, noting capture rates exceeding 99.9% from natural gas flue gas. However, non-technical factors such as site logistics, contractual risk allocation, financing terms, and community acceptance are becoming more prominent obstacles.
Jake Kramer from Ares Management, which manages $600 billion in assets, emphasized issues of site accessibility and hidden costs: "The larger the modules you can manufacture off-site and transport to the site, the more you can obviously lower project costs compared to on-site assembly." Regarding financing, banks are demanding EPC contracts with reduced risk. Kramer said, "What banks are still looking for is definitely a lump-sum, turnkey, all-inclusive EPC contract." The carbon credit value gap also impacts project economics. Krutka pointed out that the 45Q tax credit does not cover the full cost.
Community opposition and supply chain constraints increase execution risks. Krutka called community engagement the "fourth criterion": "This could ruin a good project." She suggested that accelerating deployment requires building more projects to establish the supply chain and educating the public about CCS technology. Against the backdrop of technological maturity, global carbon capture deployment is facing multiple challenges in execution and financing.
