As of late 2023, there were 265 commercial CCS facilities in the project pipeline worldwide. is a world leader in CCS development and deployment, and has the largest number of CCS projects in the pipeline by far, at 104.
The destination for captured CO₂ is also expected to shift in the coming years from enhanced oil recovery to dedicated geological storage.ġ5 of the 39 operational CCS facilities worldwide can be found in the United States. The majority of CO₂ captured by active CCS facilities is at natural gas processing plants, but most capture capacity is expected to be used for the power sector and ammonia and hydrogen manufacture by 2030. In 2022, the global CO₂ capacity of CCS facilities under development rose by 44 percent to 242 million metric tons per annum (Mtpa), with operational facilities capturing around 42 Mtpa. CCS involves capturing carbon dioxide (CO₂) at emission sources, such as power plants or industrial facilities, and storing it deep underground.
