CCUS growing pains – progress and what to expect next

April 28, 2025

Carbon Capture, Utilization, and Storage (CCUS) projects continue to garner significant global interest, despite the overall pace of activity remaining slow. This note reviews the advancements in capture and storage projects from January 2024 to the end of Q1 2025. It highlights the types of projects, regions, and companies making the most progress, and outlines key short-term challenges.