Carbon capture industry reports are fun – we get that. Especially the ones with market statistics included because they tell us more about what’s happening, where and when. If anything, we see them as navigational aids, helping us to understand if we’re doing the right things, in the right ways, in the right places. And it’s just as relevant in our little niche: industrial CO2 emissions and their associated carbon capture, utilization and storage projects.
But there’s a problem. Most of the market statistics we come across are presented on an aggregated level, typically globally or at best across larger regions. It makes sense in some ways. Making these reports individually would be a pain, and an aggregate dataset would have applicabily across a larger audience. But for the reader, it always begs the question: what about the particular market that I’m in? Like the illustration to the right – nice with a global map, but so what?
This blog-post is a collection of Country Profiles for industrial CO2 emissions and carbon capture projects. We’ll keep this updated as we continue to use CaptureMap to analyze countries and regions of interest. It’s all based on CaptureMap data. And there are lots of other blogs here to see what else you can do with our dataset.
Here’s what we got so far.
Contents
Countries
Belgium
Is Belgium the land of opportunity for CCUS? Get the status of CO2 emissions and carbon capture projects in Belgium below. Our take? Lots of exciting initatives, sites actually under construction and in operation, and at the same time plenty of CO2 remaining. Not to forget strategic positoning for taking a role in exporting CO2 from facilities farther inshore. So yes, Belgium is definitively a country to keep tabs on. Get the details in the slides ⤵️
France
The land of croissants and carbon capture? 🥐 💌 🏭 That’s a combo we like! Check out this country profile for France where we detail both CO2 emissions from industrial sources and carbon capture project developments. Key takeaways, beyond the delicous pastries:
1️⃣ 86 million tonnes of annual CO2 emissions, with a broad distribution across different activities. Surprised to the see the level of emissions from the power and waste-to-energy sector when our own sterotypical notion of France is that “everything is nuclear”. Another lesson for short sighted conclusions from stereotypes!
2️⃣ Nearly 20% biogenic share! That’s pretty high, and much higher than the North Sea country club total of 13%. Is France a CDR market waiting to happen?
3️⃣ 35 capture projects on the move, but nearly all of it in Feasibility still. And total capture volumes in the capture projects portfolio, at 9mtpa, are suprisingly low given the large amount of emission sources available. Our take? France has the potential to be a real CCUS power house, but then we also need a few first substantial FIDs to tick in 💰📈
Norway
Norway in some ways is really on top of things. Not a huge industrial emitter in its own right, but one that has taken early lead with pioneering capture projects like Sleipner and Hammerfest LNG. And with the Longskip project developing cross-border capture, transport and storage infrastructure – it’s punching above its weight.
Not one to rest on its laurels, however, there’s more to come in Norway going forward. Get the details in the slides ⤵️
Poland
Next time you discuss Poland as a potential CCUS powerhouse – why not impress with some trivia? Did you know that Poland is home to the world’s largest castle by land area and apparently also hosts Europe’s oldest restaurant, opened in 1275? 🤓 Now that you’re warmed up, how’s it looking for CCUS? We think: early days.
1️⃣ At 154 mtpa of annual CO2 emissions, there’s nothing wrong with source potential. Nearly 75% of that is from the power generation sector, a pretty solid share.
2️⃣ Although the potential is there, the capture project funnel is pretty small – for now. We only count 3 capture projects, within minerals and oil and gas, for a 2 mtpa capture capacity total. Given the significant potential, we suspect there’s much more movement underneath the surface of public info. If you do know of anything specific, don’t be shy to reach out to us 🙏
Sweden
Can Sweden be the next CCUS leader? Other countries in the North Sea basin are frequently grabbing more attention, but we also see significant potential in Sweden. An FID or two there could quickly unlock other emitters in the country to follow suit, and then the race is on! Here’s why:
1️⃣ A 66% biogenic share for their large point source CO2 emissions (only Finland comes close). Biogenic CO2 sets you up for carbon dioxide removal credits, an important value-add to make projects profitable.
2️⃣ Lots of sites on the coastline means “relatively” easy transport strategies to permanent storage. To our knowledge, storage projects in Denmark and Norway are more mature than any Swedish iniatives, so we may see more cross-border CO2 transport from here.
3️⃣ Serious push from the Swedish government, most recently with 1,7bEuro of support to the Stockholm Exergi BECCS project, as part of a larger 3bEuro Swedish State-aid scheme for biogenic carbon dioxide capture and storage
Get the status of CO2 emissions and carbon capture projects in Sweden in the slides ⤵️
United Kingdom
The competition for CCUS around the North Sea countries is heating up. Does the UK have anything to bring to the table? With two recent FIDs, and hopefully more on the way – we’d say they’re slightly late to the party, but the momentum and potential is significant. 123mpta of annual CO2 emissions, of which 19% biogenic. And 103 capture projects under development. That’s a pretty good portfolio. More FID’s, please!
Get the status of CO2 emissions and carbon capture projects in United Kingdom in the slides ⤵️
Regions
North Sea
What would a common pool of large point-source CO2 emissions and carbon capture projects look like for countries around the North Sea ❓ We put together France, Belgium, Netherlands, Germany, Denmark, Norway and the United Kingdom to better understand the totality. And the results are pretty remarkable:
1️⃣ 675 million tonnes of annual CO2 emissions, of which nearly 60% come from power and waste-to-energy sectors
2️⃣ 13% of the CO2 emissions are biogenic, but likely a little more due to rough patches of biogenic reporting in Denmark
3️⃣ 281 active capture projects with a total of 104 million tonnes of capture capacity with a broad distribution across power, chemicals, minerals, waste-to-energy, and oil & gas.
Now if someone could stack up the storage projects, their annual injection capacities and their expected time to come online – we’d have a pretty good setup for comparing both ends of the value chain 😜
