CINXE.COM
Market Insights | What is CCUS? | Wood Mackenzie
<!DOCTYPE html> <!-- LOCAL --> <html lang="en" class="no-js" prefix="og: http://ogp.me/ns#"> <head><script src="/gedie-the-goody-knock-I-stone-delinde-Tis-Centas" async></script> <meta charset="utf-8"> <meta http-equiv="x-ua-compatible" content="ie=edge"> <meta name="viewport" content="width=device-width, initial-scale=1"> <meta http-equiv="Content-type" content="text/html; charset=UTF-8"> <title>Market Insights | What is CCUS? | Wood Mackenzie</title> <link rel="dns-prefetch" href="https://ajax.googleapis.com"> <link rel="preconnect" href="https://fonts.googleapis.com"> <link rel="preconnect" href="https://fonts.gstatic.com" crossorigin> <link rel="dns-prefetch" href="https://platform.twitter.com"> <link rel="dns-prefetch" href="https://www.googletagmanager.com/"> <link rel="stylesheet" href="https://fonts.googleapis.com/css?family=Manrope:300,400,500,600,700,800&display=swap"> <!-- OneTrust Cookies Consent Notice start for woodmac.com --> <script src="https://cdn.cookielaw.org/scripttemplates/otSDKStub.js" type="text/javascript" charset="UTF-8" data-domain-script="dbf289c9-a597-4233-844e-eca58274e17e "></script> <script type="text/javascript"> function OptanonWrapper() { if (window.EPiCookiePro != null && typeof window.EPiCookiePro !== 'undefined') { EPiCookiePro.UpdatePardotOptIn("131501"); EPiCookiePro.CheckCustomItems(); EPiCookiePro.DisplayVideoOverlay("editor"); EPiCookiePro.DisplayVideoOverlay("html-block"); EPiCookiePro.DisplayVideoOverlay("js-ceros"); EPiCookiePro.DisplayVideoOverlay("js-video"); EPiCookiePro.DisplayVideoOverlay("video-wrapper"); EPiCookiePro.DisplayVideoOverlay("js-yt-video"); window.InitYoutubeIframe(); } } </script> <!-- OneTrust Cookies Consent Notice end for woodmac.com --> <script type="text/javascript" src="/Content/js/epicookiepro.js"></script> <script> window.dataLayer = window.dataLayer || []; window.dataLayer.push({ 'userType': 'not-logged-in', 'userId': '', 'siteId': '', 'sessionId': '', 'txIndustry': 'Power and renewables, Macroeconomics, risk and global trends', 'txLocation': 'Global', 'txCommodity': 'Power and Renewables', 'txMarketing': 'Gas & LNG, Macroeconomics & Energy Markets, Power & Renewables, Refining & Marketing, CCUS/CCS', 'subscriberStatus': '' }); </script> <style> .async-hide { opacity: 0 !important } </style> <script> (function(a,s,y,n,c,h,i,d,e){s.className+=' '+y;h.start=1*new Date; h.end=i=function(){s.className=s.className.replace(RegExp(' ?'+y),'')}; (a[n]=a[n]||[]).hide=h;setTimeout(function(){i();h.end=null},c);h.timeout=c; })(window,document.documentElement,'async-hide','dataLayer',4000, {'OPT-KLDHFN7':true});</script> <script> (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(), event:'optimize.js'});var f=d.getElementsByTagName(s)[2], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googleoptimize.com/optimize.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','OPT-KLDHFN7');</script> <!-- Google Tag Manager --> <script> (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[2], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-5XN52HZ');</script> <!-- End Google Tag Manager --> <!-- Meta --> <meta name="description" content="Explore the latest insights on CCUS (Carbon Capture, Utilization, & Storage) technologies. Unlock the potential of sustainable solutions with Wood Mackenzie. " /> <meta name="apple-mobile-web-app-status-bar-style" content="black-translucent"> <meta name="apple-touch-fullscreen" content="YES"> <meta http-equiv="X-UA-Compatible" content="IE=edge"> <meta name="msapplication-config" content="/Content/img/icons/browserconfig.xml"> <meta name="msapplication-TileColor" content="#002257"> <meta name="theme-color" content="#ffffff"> <script type="application/ld+json"> { "@context": "http://www.schema.org", "@type": "Corporation", "name": "Wood Mackenzie", "description": "Wood Mackenzie is a research and consultancy business for the global energy, chemicals, metals and mining industries", "url": "https://www.woodmac.com", "sameAs": [ "https://en.wikipedia.org/wiki/Wood_Mackenzie", "https://www.wikidata.org/wiki/Q8032236", "https://www.facebook.com/Wood.Mackenzie.Global/", "https://www.youtube.com/user/WoodMackenzieChannel", "https://www.linkedin.com/company/wood-mackenzie", "https://twitter.com/WoodMackenzie" ], "logo": "https://www.woodmac.com/content/img/branding/logo.svg" } </script> <script type="application/ld+json"> {"@@context":"http://schema.org","@@type":"WebPage","publisher":{"@@type":"Organization","name":"Wood Mackenzie","logo":{"@@type":"ImageObject","url":"https://www.woodmac.com/Content/img/icons/favicon-32x32.png"}},"mainEntityOfPage":{"@@type":"WebPage","@@id":"https://www.woodmac.com/market-insights/topics/ccus/"},"headline":"Market Insights | What is CCUS?","content":["Gas & LNG","Macroeconomics & Energy Markets","Power & Renewables","Refining & Marketing","CCUS/CCS"],"description":"Explore the latest insights on CCUS (Carbon Capture, Utilization, & Storage) technologies. Unlock the potential of sustainable solutions with Wood Mackenzie.\n","URL":"https://www.woodmac.com/market-insights/topics/ccus/","datePublished":"2022-02-25T10:44:00","dateModified":"2022-02-25T10:44:16","og:description":"As a means of removing the carbon dioxide created by fossil fuel use, carbon capture, utilisation and storage (CCUS) will be integral to a smooth energy transition. But despite a growing number of CCUS projects in the pipeline, projected capacity is a mere fraction of what’s needed.","og:image":"https://www.woodmac.com/siteassets/photography---industry/cities/dubai-gettyimages-918898488.jpg?w=800&h=480&mode=crop¢er=0.5,0.5","og:title":"Carbon capture, utilisation and storage: what you need to know","og:url":"https://www.woodmac.com/market-insights/topics/ccus/","og:type":"WebPage","location":["Global"],"commodities":["Power and Renewables"],"industry_sectors":["Power and renewables","Macroeconomics, risk and global trends"]} </script> <meta property="publisher" content="WoodMac.Site.Features.Shared.ViewModels.Metadata.Publisher"/> <meta property="mainEntityOfPage" content="WebPage"/> <meta property="headline" content="Market Insights | What is CCUS?"/> <meta property="content" content="Gas & LNG, Macroeconomics & Energy Markets, Power & Renewables, Refining & Marketing, CCUS/CCS"/> <meta property="description" content="Explore the latest insights on CCUS (Carbon Capture, Utilization, & Storage) technologies. Unlock the potential of sustainable solutions with Wood Mackenzie. "/> <meta property="URL" content="https://www.woodmac.com/market-insights/topics/ccus/"/> <meta property="datePublished" content="2022-02-25T10:44:00"/> <meta property="dateModified" content="2022-02-25T10:44:16"/> <meta property="og:description" content="As a means of removing the carbon dioxide created by fossil fuel use, carbon capture, utilisation and storage (CCUS) will be integral to a smooth energy transition. But despite a growing number of CCUS projects in the pipeline, projected capacity is a mere fraction of what’s needed."/> <meta property="og:image" content="https://www.woodmac.com/siteassets/photography---industry/cities/dubai-gettyimages-918898488.jpg?w=800&h=480&mode=crop¢er=0.5,0.5"/> <meta property="og:title" content="Carbon capture, utilisation and storage: what you need to know"/> <meta property="og:url" content="https://www.woodmac.com/market-insights/topics/ccus/"/> <meta property="og:type" content="WebPage"/> <meta property="location" content="Global"/> <meta property="commodities" content="Power and Renewables"/> <meta property="industry_sectors" content="Power and renewables, Macroeconomics, risk and global trends"/> <meta property="article:published_time" content="2022-02-25T10:44:00" /> <meta property="fb:app_id" /> <meta name="twitter:card" content="summary_large_image" /> <meta name="twitter:site" content="@WoodMackenzie" /> <meta name="twitter:title" content="Carbon capture, utilisation and storage: what you need to know" /> <meta name="twitter:description" content="As a means of removing the carbon dioxide created by fossil fuel use, carbon capture, utilisation and storage (CCUS) will be integral to a smooth energy transition. But despite a growing number of CCUS projects in the pipeline, projected capacity is a mere fraction of what’s needed." /> <meta name="twitter:image" content="https://www.woodmac.com/siteassets/photography---industry/cities/dubai-gettyimages-918898488.jpg?w=800&h=480&mode=crop&center=0.5,0.5" /> <meta property="og:image" content="https://www.woodmac.com/siteassets/photography---industry/cities/dubai-gettyimages-918898488.jpg?w=800&h=480&mode=crop&center=0.5,0.5"> <!--Canonical link --> <link rel="canonical" href="https://www.woodmac.com/market-insights/topics/ccus/" /> <!-- Alternate links --> <link rel="alternate" href="https://www.woodmac.com/market-insights/topics/ccus/" hreflang="x-default" /> <link rel="alternate" href="https://www.woodmac.com/market-insights/topics/ccus/" hreflang="en" /> <meta name="google-site-verification" content="NDyxeoK0SzVEs7osz23lrGI6O5sdQG6NKASdRPtAiMw" /> <meta name="msvalidate.01" content="8202EA7504AC47815AA77F0490FA6A7F" /> <!-- /Meta --> <link href="/content/css/versioned?v=wB7YtiPkbgve4ATwpqy-YGiLp1RJw_5ThXN1LjIKeJg1" rel="stylesheet" media="screen"> <link href="/content/css/print/versioned?v=vYR7kuamBcOnNX6rtnCC_-JxhnsAiNV0oRlFrulRqGE1" rel="stylesheet" media="print"> <style type="text/css"> @media all and (min-width: 768px) { main .hero-home.relative { min-height: 400px !important; } } .toast-editor { min-height: 82px !important; } .toast-editor .toast { bottom: -83px; } .uneditable { -ms-opacity: 0.5; opacity: 0.5; } </style> <script type='text/javascript'> var appInsights=window.appInsights||function(config) { function r(config){ t[config] = function(){ var i = arguments; t.queue.push(function(){ t[config].apply(t, i)})} } var t = { config:config},u=document,e=window,o='script',s=u.createElement(o),i,f;for(s.src=config.url||'//az416426.vo.msecnd.net/scripts/a/ai.0.js',u.getElementsByTagName(o)[0].parentNode.appendChild(s),t.cookie=u.cookie,t.queue=[],i=['Event','Exception','Metric','PageView','Trace','Ajax'];i.length;)r('track'+i.pop());return r('setAuthenticatedUserContext'),r('clearAuthenticatedUserContext'),config.disableExceptionTracking||(i='onerror',r('_'+i),f=e[i],e[i]=function(config, r, u, e, o) { var s = f && f(config, r, u, e, o); return s !== !0 && t['_' + i](config, r, u, e, o),s}),t }({ instrumentationKey:'9b7fe78e-4fbf-4192-8578-2aa4bef009ab' }); window.appInsights=appInsights; appInsights.trackPageView(); </script> <script>document.documentElement.className = document.documentElement.className.split('no-js').join('');</script> <link rel="apple-touch-icon" sizes="180x180" href="/Content/img/icons/apple-touch-icon.png"> <link rel="icon" type="image/ico" sizes="32x32" href="/Content/img/icons/favicon-32x32.ico"> <link rel="icon" type="image/ico" sizes="16x16" href="/Content/img/icons/favicon-16x16.ico"> <link rel="icon" type="image/png" sizes="32x32" href="/Content/img/icons/favicon-32x32.png"> <link rel="icon" type="image/png" sizes="16x16" href="/Content/img/icons/favicon-16x16.png"> <script type="text/javascript">var appInsights=window.appInsights||function(config){function t(config){i[config]=function(){var t=arguments;i.queue.push(function(){i[config].apply(i,t)})}}var i={config:config},u=document,e=window,o="script",s="AuthenticatedUserContext",h="start",c="stop",l="Track",a=l+"Event",v=l+"Page",r,f;setTimeout(function(){var t=u.createElement(o);t.src=config.url||"https://az416426.vo.msecnd.net/scripts/a/ai.0.js";u.getElementsByTagName(o)[0].parentNode.appendChild(t)});try{i.cookie=u.cookie}catch(y){}for(i.queue=[],r=["Event","Exception","Metric","PageView","Trace","Dependency"];r.length;)t("track"+r.pop());return t("set"+s),t("clear"+s),t(h+a),t(c+a),t(h+v),t(c+v),t("flush"),config.disableExceptionTracking||(r="onerror",t("_"+r),f=e[r],e[r]=function(config,t,u,e,o){var s=f&&f(config,t,u,e,o);return s!==!0&&i["_"+r](config,t,u,e,o),s}),i}({instrumentationKey:"9b7fe78e-4fbf-4192-8578-2aa4bef009ab",sdkExtension:"a"});window.appInsights=appInsights;appInsights.queue&&appInsights.queue.length===0&&appInsights.trackPageView();</script></head> <body class="show-cart-toggle" data-cookiepro-enabled="true"> <!-- Google Tag Manager (noscript) --> <noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-5XN52HZ" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript> <!-- End Google Tag Manager (noscript) --> <div class="skip"> <a class="btn btn-skip" tabindex="0" href="#content">Skip to main content</a> </div> <header id=menu-header class="new-mega-menu banner "> <div class="wrap relative"> <p class="banner__kicker" style="display: none">wn1sdwk000UIV</p> <a href="/" class="banner__logo"> <img alt="Wood Mackenzie logo" src="https://www.woodmac.com/contentassets/6087dee8c8c4438bb671e7d1cd1bcfac/woodmac_logo_interim_rgb.svg"> </a> <!-- TOP-BAR (DESKTOP)--> <div class="nav-utility nav-utility--desktop"> <a class="nav-utility__link" href="/about/contact-us/">Contact us</a> <a class="nav-utility__link" href="https://identity.woodmac.com/register">Registration</a> <a href="" data-target="#accounts" class="nav-utility__link nav-utility__link--toggle js-toggle data-hj-suppress" role="button" aria-controls="accounts" aria-expanded="false"> Sign in <svg class="toggle-icon" xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" aria-hidden="true" focusable="false"><g stroke="#222" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#0_155_398)"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="0_155_398"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg> <span class="visuallyhidden">Toggle subsection visibility</span> </a> </div> <nav id="navigation" class="nav-primary"> <div class="nav-primary__content scroll-y-below-nav-large"> <!-- TOP-BAR (MOBILE)--> <div class="nav-utility nav-utility--mobile"> </div> <div id="accounts" class="nav-accounts"> <div class="wrap"> <div class="flex__equal-height"> <div class="col small-12 medium-9 large-6 editor nav-accounts-intro"> <div> <h2>Access our research platforms</h2> <p>Sign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.</p></div> </div> <ul class="col small-12 pull-4--medium medium-9 pull-2--large large-4 nav-accounts-list"> <li class="nav-accounts-list__item "> <a href="https://identity.woodmac.com/sign-in?goto=https%3a%2f%2fidentity.woodmac.com%2fsign-in">My WoodMac</a> </li> <li class="nav-accounts-list__item "> <a href="https://identity.woodmac.com/sign-in?goto=https%3a%2f%2flens.woodmac.com%2f">Wood Mackenzie Lens®</a> </li> <li class="nav-accounts-list__item "> <a href="https://identity.woodmac.com/sign-in?goto=https%3a%2f%2flens-direct.woodmac.com%2f">Lens Direct</a> </li> <li class="nav-accounts-list__item "> <a href="https://identity.woodmac.com/sign-in?goto=https%3a%2f%2fpower-and-renewables.woodmac.com%2f">Power and Renewables</a> </li> <li class="nav-accounts-list__item "> <a href="/products/short-term-analytics/login-to-your-account/">Short-term analytics (previously Genscape)</a> </li> <li class="nav-accounts-list__item "> <a href="https://www.poweradvocate.com/login.jsp">Supply Chain Intelligence platform (previously PowerAdvocate)</a> </li> <li class="nav-accounts-list__item "> <a href="https://identity.woodmac.com/sign-in?goto=https%3a%2f%2faccount.woodmac.com%2fdetails">Account and preferences management</a> </li> <li class="nav-accounts-list__item "> <a href="https://lens-help.woodmac.com/en/">Help and support</a> </li> </ul> </div> </div> </div> <!-- /TOP-BAR --> <div class="nav-primary__inner"> <ul class="nav-primary__list js-navigation"> <!-- Utility Links & AccountNavigation (MOBILE)--> <li class="nav-primary__item js-navigation__item nav-utility--mobile"> <a class="mega-menu__nav-primary__item nav-utility__link" href="/about/contact-us/">Contact us</a> </li> <li class="mega-menu__nav-primary__item nav-primary__item js-navigation__item nav-utility--mobile"> <a class="nav-utility__link" href="https://identity.woodmac.com/register">Registration</a> </li> <li class="mega-menu__nav-primary__item nav-primary__item js-navigation__item nav-utility--mobile"> <button class="desktop-nav nav-primary__link " aria-haspopup="true" aria-expanded="false" data-text="Sign in">Sign in</button> <button aria-expanded="false" class="mobile-nav nav-primary__link js-toggle-local " data-target="#sub-0" aria-controls="sub-0"> <span class=mega-menu__nav-primary__item-title>Sign in</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#222" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#0_173_348)" aria-hidden="true" focusable="false"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="0_173_348"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg> <span class="visuallyhidden">Toggle subsection visibility</span> </button> <div id="sub-0" class="nav-secondary js-navigation__secondary"> <div class="nav-secondary__col medium-12 nav-secondary__fade"> <ul class="nav-secondary__list"> <li class="mega-menu__nav-secondary__item"> <a href="https://identity.woodmac.com/sign-in?goto=https%3a%2f%2fidentity.woodmac.com%2fsign-in" class="mega-menu__nav-secondary__item__link">My WoodMac</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="https://identity.woodmac.com/sign-in?goto=https%3a%2f%2flens.woodmac.com%2f" class="mega-menu__nav-secondary__item__link">Wood Mackenzie Lens®</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="https://identity.woodmac.com/sign-in?goto=https%3a%2f%2flens-direct.woodmac.com%2f" class="mega-menu__nav-secondary__item__link">Lens Direct</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="https://identity.woodmac.com/sign-in?goto=https%3a%2f%2fpower-and-renewables.woodmac.com%2f" class="mega-menu__nav-secondary__item__link">Power and Renewables</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/products/short-term-analytics/login-to-your-account/" class="mega-menu__nav-secondary__item__link">Short-term analytics (previously Genscape)</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="https://www.poweradvocate.com/login.jsp" class="mega-menu__nav-secondary__item__link">Supply Chain Intelligence platform (previously PowerAdvocate)</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="https://identity.woodmac.com/sign-in?goto=https%3a%2f%2faccount.woodmac.com%2fdetails" class="mega-menu__nav-secondary__item__link">Account and preferences management</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="https://lens-help.woodmac.com/en/" class="mega-menu__nav-secondary__item__link">Help and support</a> </li> </ul> </div> </div> </li> <!-- Utility Links & AccountNavigation (MOBILE)--> <li class="mega-menu__nav-primary__item nav-primary__item js-navigation__item"> <button class="desktop-nav nav-primary__link" aria-haspopup="true" aria-expanded="false" data-target="#menuitem_802633-desktop" data-text="About Us">About Us</button> <button aria-expanded="false" class="mobile-nav nav-primary__link js-toggle-local" data-target="#menuitem_802633" aria-controls="menuitem_802633"> <span class="mega-menu__nav-primary__item-title">About Us</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#222" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#0_173_348)" aria-hidden="true" focusable="false"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="0_173_348"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg> <span class="visuallyhidden">Toggle subsection visibility</span> </button> <!-- MOBILE --> <div id="menuitem_802633" class="just-mobile nav-secondary js-navigation__secondary"> <div class="just-mobile mega-menu__nav-secondary__col medium-6 nav-secondary__fade"> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/about/overview/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> About Us </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/about/our-story/" class="mega-menu__nav-secondary__item__link">Our Story</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/about/our-people/" class="mega-menu__nav-secondary__item__link">Our People</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/about/our-values/" class="mega-menu__nav-secondary__item__link">Our Values</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/about/our-customers/" class="mega-menu__nav-secondary__item__link">Our Customers</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/about/our-locations/" class="mega-menu__nav-secondary__item__link">Our Locations</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/about/contact-us/" class="mega-menu__nav-secondary__item__link">Contact us</a> </li> </ul> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/careers/overview/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Working At WoodMac </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/careers/your-career/" class="mega-menu__nav-secondary__item__link">Your Career</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/careers/life-at-woodmac/" class="mega-menu__nav-secondary__item__link">Life at WoodMac</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/careers/our-teams/" class="mega-menu__nav-secondary__item__link">Our Teams</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/careers/our-culture/" class="mega-menu__nav-secondary__item__link">Our Culture</a> </li> </ul> </div> </div> </li> <li class="mega-menu__nav-primary__item nav-primary__item js-navigation__item"> <button class="desktop-nav nav-primary__link" aria-haspopup="true" aria-expanded="false" data-target="#menuitem_802639-desktop" data-text="What We Do">What We Do</button> <button aria-expanded="false" class="mobile-nav nav-primary__link js-toggle-local" data-target="#menuitem_802639" aria-controls="menuitem_802639"> <span class="mega-menu__nav-primary__item-title">What We Do</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#222" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#0_173_348)" aria-hidden="true" focusable="false"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="0_173_348"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg> <span class="visuallyhidden">Toggle subsection visibility</span> </button> <!-- MOBILE --> <div id="menuitem_802639" class="just-mobile nav-secondary js-navigation__secondary"> <div class="just-mobile mega-menu__nav-secondary__col medium-6 nav-secondary__fade"> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/products/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> See All Products </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/products/research/" class="mega-menu__nav-secondary__item__link">Research</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/products/short-term-analytics/" class="mega-menu__nav-secondary__item__link">Real-Time Analytics</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/products/consulting/" class="mega-menu__nav-secondary__item__link">Consulting</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/products/supply-chain-intelligence/" class="mega-menu__nav-secondary__item__link">Supply Chain Intelligence</a> </li> </ul> <!-- MOBILE SECONDARY SECTION HEADER --> <div class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> How Else We Can Help </span> </div> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/products/consulting/case-studies/natural-resources-consulting-case-studies/" class="mega-menu__nav-secondary__item__link">Consulting Case Studies</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/products/training/" class="mega-menu__nav-secondary__item__link">Training</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/products/creative-strategies/" class="mega-menu__nav-secondary__item__link">Creative Strategies</a> </li> </ul> </div> </div> </li> <li class="mega-menu__nav-primary__item nav-primary__item js-navigation__item"> <button class="desktop-nav nav-primary__link" aria-haspopup="true" aria-expanded="false" data-target="#menuitem_802635-desktop" data-text="Industries">Industries</button> <button aria-expanded="false" class="mobile-nav nav-primary__link js-toggle-local" data-target="#menuitem_802635" aria-controls="menuitem_802635"> <span class="mega-menu__nav-primary__item-title">Industries</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#222" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#0_173_348)" aria-hidden="true" focusable="false"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="0_173_348"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg> <span class="visuallyhidden">Toggle subsection visibility</span> </button> <!-- MOBILE --> <div id="menuitem_802635" class="just-mobile nav-secondary js-navigation__secondary"> <div class="just-mobile mega-menu__nav-secondary__col medium-6 nav-secondary__fade"> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/industry/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Browse All Industries </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/industry/power-and-renewables/" class="mega-menu__nav-secondary__item__link">Power & Renewables</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/industry/metals-and-mining/" class="mega-menu__nav-secondary__item__link">Metals & Mining</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/industry/oil-and-gas/" class="mega-menu__nav-secondary__item__link">Oil & Gas</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/industry/gas-and-lng/" class="mega-menu__nav-secondary__item__link">Gas & LNG</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/industry/commodity-trading-analytics/" class="mega-menu__nav-secondary__item__link">Commodity Trading Analytics</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/industry/corporates/" class="mega-menu__nav-secondary__item__link">Corporates</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/industry/maritime/" class="mega-menu__nav-secondary__item__link">Maritime</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/industry/oils-chemicals/" class="mega-menu__nav-secondary__item__link">Oils & Chemicals</a> </li> </ul> </div> </div> </li> <li class="mega-menu__nav-primary__item nav-primary__item js-navigation__item"> <button class="desktop-nav nav-primary__link" aria-haspopup="true" aria-expanded="false" data-target="#menuitem_802637-desktop" data-text="Market Insights">Market Insights</button> <button aria-expanded="false" class="mobile-nav nav-primary__link js-toggle-local" data-target="#menuitem_802637" aria-controls="menuitem_802637"> <span class="mega-menu__nav-primary__item-title">Market Insights</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#222" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#0_173_348)" aria-hidden="true" focusable="false"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="0_173_348"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg> <span class="visuallyhidden">Toggle subsection visibility</span> </button> <!-- MOBILE --> <div id="menuitem_802637" class="just-mobile nav-secondary js-navigation__secondary"> <div class="just-mobile mega-menu__nav-secondary__col medium-6 nav-secondary__fade"> <!-- MOBILE SECONDARY SECTION HEADER --> <div class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Market Insights, Blogs, podcasts & newsletters </span> </div> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/market-insights/" class="mega-menu__nav-secondary__item__link">Market Insights</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/horizons/" class="mega-menu__nav-secondary__item__link">Horizons</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/blogs/" class="mega-menu__nav-secondary__item__link">Blogs</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/podcasts/" class="mega-menu__nav-secondary__item__link">Podcasts</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/nslp/the-inside-track/sign-up/" class="mega-menu__nav-secondary__item__link">The Inside Track</a> </li> </ul> <!-- MOBILE SECONDARY SECTION HEADER --> <div class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Guides and featured insights </span> </div> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/market-insights/topics/energy-transition/" class="mega-menu__nav-secondary__item__link">Energy Transition</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/market-insights/topics/ccus/" class="mega-menu__nav-secondary__item__link">CCUS</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/market-insights/topics/hydrogen-guide/" class="mega-menu__nav-secondary__item__link">Hydrogen</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/market-insights/topics/electric-vehicles/" class="mega-menu__nav-secondary__item__link">Electric vehicles</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/market-insights/topics/cop29/" class="mega-menu__nav-secondary__item__link">COP29</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/news/feature/the-materials-transition/full-report/" class="mega-menu__nav-secondary__item__link">Material Transition</a> </li> </ul> </div> </div> </li> <li class="mega-menu__nav-primary__item nav-primary__item js-navigation__item"> <button class="desktop-nav nav-primary__link" aria-haspopup="true" aria-expanded="false" data-target="#menuitem_802634-desktop" data-text="Events">Events</button> <button aria-expanded="false" class="mobile-nav nav-primary__link js-toggle-local" data-target="#menuitem_802634" aria-controls="menuitem_802634"> <span class="mega-menu__nav-primary__item-title">Events</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#222" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#0_173_348)" aria-hidden="true" focusable="false"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="0_173_348"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg> <span class="visuallyhidden">Toggle subsection visibility</span> </button> <!-- MOBILE --> <div id="menuitem_802634" class="just-mobile nav-secondary js-navigation__secondary"> <div class="just-mobile mega-menu__nav-secondary__col medium-6 nav-secondary__fade"> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/events/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Browse Events </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/worldwide-events/" class="mega-menu__nav-secondary__item__link">Wood Mackenzie Events</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/events/industries/" class="mega-menu__nav-secondary__item__link">Industry</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/events/global/" class="mega-menu__nav-secondary__item__link">Global events</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/events/asia/" class="mega-menu__nav-secondary__item__link">Asia</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/events/africa/" class="mega-menu__nav-secondary__item__link">Africa</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/events/europe/" class="mega-menu__nav-secondary__item__link">Europe</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/events/north-america/" class="mega-menu__nav-secondary__item__link">North America</a> </li> </ul> </div> </div> </li> <li class="mega-menu__nav-primary__item nav-primary__item js-navigation__item"> <button class="desktop-nav nav-primary__link" aria-haspopup="true" aria-expanded="false" data-target="#menuitem_802638-desktop" data-text="Online Reports">Online Reports</button> <button aria-expanded="false" class="mobile-nav nav-primary__link js-toggle-local" data-target="#menuitem_802638" aria-controls="menuitem_802638"> <span class="mega-menu__nav-primary__item-title">Online Reports</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#222" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#0_173_348)" aria-hidden="true" focusable="false"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="0_173_348"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg> <span class="visuallyhidden">Toggle subsection visibility</span> </button> <!-- MOBILE --> <div id="menuitem_802638" class="just-mobile nav-secondary js-navigation__secondary"> <div class="just-mobile mega-menu__nav-secondary__col medium-6 nav-secondary__fade"> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/store/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Browse All Reports </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/power-and-renewables/" class="mega-menu__nav-secondary__item__link">Power and renewables</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/upstream-oil-and-gas/" class="mega-menu__nav-secondary__item__link">Upstream oil and gas</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/macroeconomics-risk-and-global-trends/" class="mega-menu__nav-secondary__item__link">Macroeconomics, risk and global trends</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/oil-and-gas-markets/" class="mega-menu__nav-secondary__item__link">Oil and gas markets</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/midstream-oil-and-gas/" class="mega-menu__nav-secondary__item__link">Midstream oil and gas</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/lng-reports/" class="mega-menu__nav-secondary__item__link">LNG</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/downstream-oil-refining/" class="mega-menu__nav-secondary__item__link">Downstream oil refining</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/coal/" class="mega-menu__nav-secondary__item__link">Coal</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/metals-markets/" class="mega-menu__nav-secondary__item__link">Metals markets</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/metals-costs/" class="mega-menu__nav-secondary__item__link">Metals costs</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/petrochemicals/" class="mega-menu__nav-secondary__item__link">Chemicals</a> </li> </ul> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/store/outlook-reports/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Featured Reports </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/store/2024-featured-reports/" class="mega-menu__nav-secondary__item__link">2024 Featured Reports</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/wallmaps/" class="mega-menu__nav-secondary__item__link">Wallmaps</a> </li> </ul> </div> </div> </li> <li class="mega-menu__nav-primary__item nav-primary__item js-navigation__item"> <button class="desktop-nav nav-primary__link" aria-haspopup="true" aria-expanded="false" data-target="#menuitem_802636-desktop" data-text="Lens Platform">Lens Platform</button> <button aria-expanded="false" class="mobile-nav nav-primary__link js-toggle-local" data-target="#menuitem_802636" aria-controls="menuitem_802636"> <span class="mega-menu__nav-primary__item-title">Lens Platform</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#222" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#0_173_348)" aria-hidden="true" focusable="false"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="0_173_348"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg> <span class="visuallyhidden">Toggle subsection visibility</span> </button> <!-- MOBILE --> <div id="menuitem_802636" class="just-mobile nav-secondary js-navigation__secondary"> <div class="just-mobile mega-menu__nav-secondary__col medium-6 nav-secondary__fade"> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/lens/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Lens </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/lens/power/" class="mega-menu__nav-secondary__item__link">Power</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/hydrogen/" class="mega-menu__nav-secondary__item__link">Hydrogen</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/upstream/" class="mega-menu__nav-secondary__item__link">Upstream</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/subsurface/" class="mega-menu__nav-secondary__item__link">Subsurface</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/gas-lng/" class="mega-menu__nav-secondary__item__link">Gas & LNG</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/metals-and-mining/" class="mega-menu__nav-secondary__item__link">Metals & Mining</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/carbon/" class="mega-menu__nav-secondary__item__link">Carbon</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/emissions/" class="mega-menu__nav-secondary__item__link">Emissions</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/direct/" class="mega-menu__nav-secondary__item__link">Lens Direct - API</a> </li> </ul> </div> </div> </li> </ul> </div> </div> </nav> <div> <a href="#navigation" class="mega-menu__btn-hamburger btn-hamburger btn--toggle js-toggle__header-group" title="Navigation menu" aria-label="Navigation menu" role="button" aria-controls="navigation" aria-expanded="false"> </a> <button aria-label="" class="btn--search btn--toggle js-toggle__header-group" aria-controls="search-modal" aria-expanded="false" data-target="#search-modal"> <span class="btn--search__label">Search</span> <span class="btn--search__close">Close</span> </button> </div> </div> <div id="menuitem_802633-desktop" class="nav-secondary js-navigation__secondary"> <!-- DESKTOP --> <div class="just-desktop wrap mega-menu__wrap flexbox"> <div class="mega-menu__columns-container"> <div class="mega-menu__column-flex"> <a href="/about/overview/" class="mega-menu__column-section-title-container mega-menu__section-title-hover"> <h3 class="mega-menu__column-section-title">About Us</h3> <div class="mega-menu__column-section-label-container"> <span class="mega-menu__column-section-label">Explore</span> <img class="mega-menu__column-section-label-icon" /> </div> </a> <div class="mega-menu__column-items-container"> <a href="/about/our-story/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Our Story</h3> </a> <a href="/about/our-people/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Our People</h3> </a> <a href="/about/our-values/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Our Values</h3> </a> <a href="/about/our-customers/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Our Customers</h3> </a> <a href="/about/our-locations/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Our Locations</h3> </a> <a href="/about/contact-us/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Contact us</h3> </a> </div> </div> <div class="mega-menu__column-flex"> <a href="/careers/overview/" class="mega-menu__column-section-title-container mega-menu__section-title-hover"> <h3 class="mega-menu__column-section-title">Working At WoodMac</h3> <div class="mega-menu__column-section-label-container"> <span class="mega-menu__column-section-label">Explore</span> <img class="mega-menu__column-section-label-icon" /> </div> </a> <div class="mega-menu__column-items-container"> <a href="/careers/your-career/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Your Career</h3> </a> <a href="/careers/life-at-woodmac/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Life at WoodMac</h3> </a> <a href="/careers/our-teams/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Our Teams</h3> </a> <a href="/careers/our-culture/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Our Culture</h3> </a> </div> </div> <div class="mega-menu__column-flex flex-end"> <div> <a href="/nslp/lets-share-the-sun/" class="promo-block-container" ga4-component-tracking="eyJldmVudCI6ImNvbXBvbmVudF9jbGljayIsInR5cGUiOiJNZWdhTWVudSBQcm9tb0NhcmQgQmxvY2siLCJ0aXRsZSI6IkxldCdzIFNoYXJlIHRoZSBTdW4iLCJ1cmwiOiIvbnNscC9sZXRzLXNoYXJlLXRoZS1zdW4vIn0=" > <div class="badge badge--promo"> Featured </div> <div class="title"> Let's Share the Sun </div> <div class="description"> Through our partnership, we’re transforming lives by delivering clean, reliable energy to communities in need. </div> <div class="image-container"> <img class="lazyload" data-src="https://www.woodmac.com/siteassets/wm_brand/lets-share-the-sun/navigation-bar.png?mode=crop&center=0.5,0.5"> </div> <button class="btn btn--primary btn--arrow"> <span>Learn more</span> </button> </a> </div> </div> </div> </div> <!-- MOBILE --> <div class="just-mobile mega-menu__nav-secondary__col medium-6 nav-secondary__fade"> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/about/overview/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> About Us </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/about/our-story/" class="mega-menu__nav-secondary__item__link">Our Story</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/about/our-people/" class="mega-menu__nav-secondary__item__link">Our People</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/about/our-values/" class="mega-menu__nav-secondary__item__link">Our Values</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/about/our-customers/" class="mega-menu__nav-secondary__item__link">Our Customers</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/about/our-locations/" class="mega-menu__nav-secondary__item__link">Our Locations</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/about/contact-us/" class="mega-menu__nav-secondary__item__link">Contact us</a> </li> </ul> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/careers/overview/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Working At WoodMac </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/careers/your-career/" class="mega-menu__nav-secondary__item__link">Your Career</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/careers/life-at-woodmac/" class="mega-menu__nav-secondary__item__link">Life at WoodMac</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/careers/our-teams/" class="mega-menu__nav-secondary__item__link">Our Teams</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/careers/our-culture/" class="mega-menu__nav-secondary__item__link">Our Culture</a> </li> </ul> </div> </div> <div id="menuitem_802639-desktop" class="nav-secondary js-navigation__secondary"> <!-- DESKTOP --> <div class="just-desktop wrap mega-menu__wrap flexbox"> <div class="mega-menu__columns-container"> <div class="mega-menu__column-flex"> <a href="/products/" class="mega-menu__column-section-title-container mega-menu__section-title-hover"> <h3 class="mega-menu__column-section-title">See All Products</h3> <div class="mega-menu__column-section-label-container"> <span class="mega-menu__column-section-label">View All</span> <img class="mega-menu__column-section-label-icon" /> </div> </a> <div class="mega-menu__column-items-container"> <a href="/products/research/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Research</h3> </a> <a href="/products/short-term-analytics/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Real-Time Analytics</h3> </a> <a href="/products/consulting/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Consulting</h3> </a> <a href="/products/supply-chain-intelligence/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Supply Chain Intelligence</h3> </a> </div> </div> <div class="mega-menu__column-flex"> <div class="mega-menu__column-section-title-container"> <h3 class="mega-menu__column-section-title">How Else We Can Help</h3> </div> <div class="mega-menu__column-items-container"> <a href="/products/consulting/case-studies/natural-resources-consulting-case-studies/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Consulting Case Studies</h3> </a> <a href="/products/training/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Training</h3> </a> <a href="/products/creative-strategies/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Creative Strategies</h3> </a> </div> </div> </div> </div> <!-- MOBILE --> <div class="just-mobile mega-menu__nav-secondary__col medium-6 nav-secondary__fade"> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/products/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> See All Products </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/products/research/" class="mega-menu__nav-secondary__item__link">Research</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/products/short-term-analytics/" class="mega-menu__nav-secondary__item__link">Real-Time Analytics</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/products/consulting/" class="mega-menu__nav-secondary__item__link">Consulting</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/products/supply-chain-intelligence/" class="mega-menu__nav-secondary__item__link">Supply Chain Intelligence</a> </li> </ul> <!-- MOBILE SECONDARY SECTION HEADER --> <div class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> How Else We Can Help </span> </div> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/products/consulting/case-studies/natural-resources-consulting-case-studies/" class="mega-menu__nav-secondary__item__link">Consulting Case Studies</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/products/training/" class="mega-menu__nav-secondary__item__link">Training</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/products/creative-strategies/" class="mega-menu__nav-secondary__item__link">Creative Strategies</a> </li> </ul> </div> </div> <div id="menuitem_802635-desktop" class="nav-secondary js-navigation__secondary"> <!-- DESKTOP --> <div class="just-desktop wrap mega-menu__wrap flexbox"> <div class="mega-menu__columns-container"> <div class="single-section-columns"> <a href="/industry/" class="mega-menu__column-section-title-container mega-menu__section-title-hover"> <h3 class="mega-menu__column-section-title">Browse All Industries</h3> <div class="mega-menu__column-section-label-container"> <span class="mega-menu__column-section-label">View All</span> <img class="mega-menu__column-section-label-icon" /> </div> </a> <div class="mega-menu__columns-container mega-menu__columns-container-single"> <div class="mega-menu__column small-6"> <div class="mega-menu__column-items-container"> <a href="/industry/power-and-renewables/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Power & Renewables</h3> <p class="mega-menu__column-item-description"> Accelerate the move to clean energy with low-carbon intelligence connecting assets, markets, and companies. </p> </a> <a href="/industry/metals-and-mining/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Metals & Mining</h3> <p class="mega-menu__column-item-description"> Access reliable research and analysis within and across the metals and mining industry to make strategic, operational and investment decisions. </p> </a> <a href="/industry/oil-and-gas/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Oil & Gas</h3> <p class="mega-menu__column-item-description"> Access world-class insight from exploration to end product, with data by assets, country and region. </p> </a> <a href="/industry/gas-and-lng/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Gas & LNG</h3> <p class="mega-menu__column-item-description"> In-depth insights, supported by robust data offerings, thorough research, and comprehensive consulting services. </p> </a> </div> </div> <div class="mega-menu__column small-6"> <div class="mega-menu__column-items-container"> <a href="/industry/commodity-trading-analytics/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Commodity Trading Analytics</h3> <p class="mega-menu__column-item-description"> Access real-time data and analytics in all major commodities with innovative data points and comprehensive insights to guide strategic and trading decisions. </p> </a> <a href="/industry/corporates/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Corporates</h3> <p class="mega-menu__column-item-description"> Understand strategic opportunities and challenges in the rapidly changing upstream industry. </p> </a> <a href="/industry/maritime/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Maritime</h3> <p class="mega-menu__column-item-description"> Access unparalleled detail and depth into the Maritime landscape through the most accurate, integrated view of terrestrial, satellite and dynamic AIS networks. </p> </a> <a href="/industry/oils-chemicals/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Oils & Chemicals</h3> <p class="mega-menu__column-item-description"> Understand the connections from feedstocks to end products and how each fits. </p> </a> </div> </div> </div> </div> <div class="mega-menu__column-flex flex-end"> <div> <a href="/lens/" class="promo-block-container" ga4-component-tracking="eyJldmVudCI6ImNvbXBvbmVudF9jbGljayIsInR5cGUiOiJNZWdhTWVudSBQcm9tb0NhcmQgQmxvY2siLCJ0aXRsZSI6IlRoZSBpbmR1c3RyeSBzdGFuZGFyZCBmb3IgY3JpdGljYWwgZGVjaXNpb24tc3VwcG9ydCIsInVybCI6Ii9sZW5zLyJ9" > <div class="badge badge--promo"> Lens Platform </div> <div class="title"> The industry standard for critical decision-support </div> <div class="description"> Digitally model and optimise the natural resources value chain. </div> <div class="image-container"> <img class="lazyload" data-src="https://www.woodmac.com/siteassets/frontify_media_download/photography/people/_micro/micro_people_gettyimages-1047502598.jpg?mode=crop&center=0.5,0.5" alt="Cropped shot of a young businessman, looking thoughtful while working on his laptop in the office."> </div> <button class="btn btn--primary btn--arrow"> <span>Explore Lens Platform</span> </button> </a> </div> </div> </div> </div> <!-- MOBILE --> <div class="just-mobile mega-menu__nav-secondary__col medium-6 nav-secondary__fade"> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/industry/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Browse All Industries </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/industry/power-and-renewables/" class="mega-menu__nav-secondary__item__link">Power & Renewables</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/industry/metals-and-mining/" class="mega-menu__nav-secondary__item__link">Metals & Mining</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/industry/oil-and-gas/" class="mega-menu__nav-secondary__item__link">Oil & Gas</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/industry/gas-and-lng/" class="mega-menu__nav-secondary__item__link">Gas & LNG</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/industry/commodity-trading-analytics/" class="mega-menu__nav-secondary__item__link">Commodity Trading Analytics</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/industry/corporates/" class="mega-menu__nav-secondary__item__link">Corporates</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/industry/maritime/" class="mega-menu__nav-secondary__item__link">Maritime</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/industry/oils-chemicals/" class="mega-menu__nav-secondary__item__link">Oils & Chemicals</a> </li> </ul> </div> </div> <div id="menuitem_802637-desktop" class="nav-secondary js-navigation__secondary"> <!-- DESKTOP --> <div class="just-desktop wrap mega-menu__wrap flexbox"> <div class="mega-menu__columns-container"> <div class="mega-menu__column-flex"> <div class="mega-menu__column-section-title-container"> <h3 class="mega-menu__column-section-title">Market Insights, Blogs, podcasts & newsletters</h3> </div> <div class="mega-menu__column-items-container"> <a href="/market-insights/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Market Insights</h3> <p class="mega-menu__column-item-description"> News and insights </p> </a> <a href="/horizons/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Horizons</h3> <p class="mega-menu__column-item-description"> Explore the themes shaping the energy transition with our monthly thought leadership. </p> </a> <a href="/blogs/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Blogs</h3> <p class="mega-menu__column-item-description"> Unique energy insight, spanning the renewables, energy and natural resources supply chain, to support strategic decision-making. </p> </a> <a href="/podcasts/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Podcasts</h3> <p class="mega-menu__column-item-description"> Weekly discussions on the latest news and trends in energy, cleantech and renewables. </p> </a> <a href="/nslp/the-inside-track/sign-up/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">The Inside Track</h3> <p class="mega-menu__column-item-description"> Our weekly round up of the lasted opinions, new, industry analysis from our global analysts. </p> </a> </div> </div> <div class="mega-menu__column-flex"> <div class="mega-menu__column-section-title-container"> <h3 class="mega-menu__column-section-title">Guides and featured insights</h3> </div> <div class="mega-menu__column-items-container"> <a href="/market-insights/topics/energy-transition/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Energy Transition</h3> <p class="mega-menu__column-item-description"> In depth analysis of the energy transition and the path to a low carbon future. </p> </a> <a href="/market-insights/topics/ccus/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">CCUS</h3> <p class="mega-menu__column-item-description"> Explore the future growth potential for carbon capture, utilisation and storage. </p> </a> <a href="/market-insights/topics/hydrogen-guide/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Hydrogen</h3> <p class="mega-menu__column-item-description"> The latest views from our global experts on the rise of the hydrogen economy. </p> </a> <a href="/market-insights/topics/electric-vehicles/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Electric vehicles</h3> <p class="mega-menu__column-item-description"> Explore the growth trajectory for EVs and spot any possible bumps in the road. </p> </a> <a href="/market-insights/topics/cop29/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">COP29</h3> <p class="mega-menu__column-item-description"> As the world maps out a low carbon future, COP29 will dive deeper on financing the energy transition. </p> </a> <a href="/news/feature/the-materials-transition/full-report/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Material Transition</h3> <p class="mega-menu__column-item-description"> Explore trends around sustainability, recycling and the circular economy and their impact on materials markets. </p> </a> </div> </div> <div class="mega-menu__column-flex flex-end"> <div> <a href="/market-insights/topics/energy-transition-outlook/" class="promo-block-container" ga4-component-tracking="eyJldmVudCI6ImNvbXBvbmVudF9jbGljayIsInR5cGUiOiJNZWdhTWVudSBQcm9tb0NhcmQgQmxvY2siLCJ0aXRsZSI6IkVuZXJneSB0cmFuc2l0aW9uIG91dGxvb2sgMjAyNCIsInVybCI6Ii9tYXJrZXQtaW5zaWdodHMvdG9waWNzL2VuZXJneS10cmFuc2l0aW9uLW91dGxvb2svIn0=" > <div class="badge badge--promo"> Featured </div> <div class="title"> Energy transition outlook 2024 </div> <div class="description"> Wood Mackenzie’s modelling of energy transition pathways and the route to net zero </div> <div class="image-container"> <img class="lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/eto/eto-hero.png?mode=crop&center=0.596622889305816,0.38"> </div> <button class="btn btn--primary btn--arrow"> <span>Explore</span> </button> </a> </div> </div> </div> </div> <!-- MOBILE --> <div class="just-mobile mega-menu__nav-secondary__col medium-6 nav-secondary__fade"> <!-- MOBILE SECONDARY SECTION HEADER --> <div class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Market Insights, Blogs, podcasts & newsletters </span> </div> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/market-insights/" class="mega-menu__nav-secondary__item__link">Market Insights</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/horizons/" class="mega-menu__nav-secondary__item__link">Horizons</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/blogs/" class="mega-menu__nav-secondary__item__link">Blogs</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/podcasts/" class="mega-menu__nav-secondary__item__link">Podcasts</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/nslp/the-inside-track/sign-up/" class="mega-menu__nav-secondary__item__link">The Inside Track</a> </li> </ul> <!-- MOBILE SECONDARY SECTION HEADER --> <div class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Guides and featured insights </span> </div> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/market-insights/topics/energy-transition/" class="mega-menu__nav-secondary__item__link">Energy Transition</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/market-insights/topics/ccus/" class="mega-menu__nav-secondary__item__link">CCUS</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/market-insights/topics/hydrogen-guide/" class="mega-menu__nav-secondary__item__link">Hydrogen</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/market-insights/topics/electric-vehicles/" class="mega-menu__nav-secondary__item__link">Electric vehicles</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/market-insights/topics/cop29/" class="mega-menu__nav-secondary__item__link">COP29</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/news/feature/the-materials-transition/full-report/" class="mega-menu__nav-secondary__item__link">Material Transition</a> </li> </ul> </div> </div> <div id="menuitem_802634-desktop" class="nav-secondary js-navigation__secondary"> <!-- DESKTOP --> <div class="just-desktop wrap mega-menu__wrap flexbox"> <div class="mega-menu__columns-container"> <div class="single-section-columns"> <a href="/events/" class="mega-menu__column-section-title-container mega-menu__section-title-hover"> <h3 class="mega-menu__column-section-title">Browse Events</h3> <div class="mega-menu__column-section-label-container"> <span class="mega-menu__column-section-label">Browse</span> <img class="mega-menu__column-section-label-icon" /> </div> </a> <div class="mega-menu__columns-container mega-menu__columns-container-single"> <div class="mega-menu__column small-6"> <div class="mega-menu__column-items-container"> <a href="/worldwide-events/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Wood Mackenzie Events</h3> <p class="mega-menu__column-item-description"> Our global events bring together influential decision-makers from the energy sector. </p> </a> <a href="/events/industries/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Industry</h3> <p class="mega-menu__column-item-description"> Browse Wood Mackenzie events by Industry </p> </a> </div> </div> <div class="mega-menu__column small-6"> <div class="mega-menu__column-items-container"> <a href="/events/global/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Global events</h3> </a> <a href="/events/asia/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Asia</h3> </a> <a href="/events/africa/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Africa</h3> </a> <a href="/events/europe/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Europe</h3> </a> <a href="/events/north-america/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">North America</h3> </a> </div> </div> </div> </div> <div class="mega-menu__column-flex flex-end"> <div> <a href="/events/solar-energy-storage-summit/" class="promo-block-container" ga4-component-tracking="eyJldmVudCI6ImNvbXBvbmVudF9jbGljayIsInR5cGUiOiJNZWdhTWVudSBQcm9tb0NhcmQgQmxvY2siLCJ0aXRsZSI6IlNvbGFyICYgRW5lcmd5IFN0b3JhZ2UgU3VtbWl0IiwidXJsIjoiL2V2ZW50cy9zb2xhci1lbmVyZ3ktc3RvcmFnZS1zdW1taXQvIn0=" > <div class="badge badge--promo"> Featured event </div> <div class="title"> Solar & Energy Storage Summit </div> <div class="description"> 23-24 April 2025, Denver </div> <div class="image-container"> <img class="lazyload" data-src="https://www.woodmac.com/siteassets/frontify_media_download/photography/energy-storage/macro/macro_energy_storage_gettyimages-1458666673.jpg?mode=crop&center=0.5,0.5" alt="3d rendering amount of energy storage systems or battery container units with solar and turbine farm"> </div> <button class="btn btn--primary btn--arrow"> <span>Register now</span> </button> </a> </div> </div> </div> </div> <!-- MOBILE --> <div class="just-mobile mega-menu__nav-secondary__col medium-6 nav-secondary__fade"> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/events/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Browse Events </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/worldwide-events/" class="mega-menu__nav-secondary__item__link">Wood Mackenzie Events</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/events/industries/" class="mega-menu__nav-secondary__item__link">Industry</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/events/global/" class="mega-menu__nav-secondary__item__link">Global events</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/events/asia/" class="mega-menu__nav-secondary__item__link">Asia</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/events/africa/" class="mega-menu__nav-secondary__item__link">Africa</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/events/europe/" class="mega-menu__nav-secondary__item__link">Europe</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/events/north-america/" class="mega-menu__nav-secondary__item__link">North America</a> </li> </ul> </div> </div> <div id="menuitem_802638-desktop" class="nav-secondary js-navigation__secondary"> <!-- DESKTOP --> <div class="just-desktop wrap mega-menu__wrap flexbox"> <div class="mega-menu__columns-container"> <div class="single-section-columns"> <a href="/store/" class="mega-menu__column-section-title-container mega-menu__section-title-hover"> <h3 class="mega-menu__column-section-title">Browse All Reports</h3> <div class="mega-menu__column-section-label-container"> <span class="mega-menu__column-section-label">Browse</span> <img class="mega-menu__column-section-label-icon" /> </div> </a> <div class="mega-menu__columns-container mega-menu__columns-container-single"> <div class="mega-menu__column small-6"> <div class="mega-menu__column-items-container"> <a href="/store/industry-sector/power-and-renewables/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Power and renewables</h3> </a> <a href="/store/industry-sector/upstream-oil-and-gas/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Upstream oil and gas</h3> </a> <a href="/store/industry-sector/macroeconomics-risk-and-global-trends/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Macroeconomics, risk and global trends</h3> </a> <a href="/store/industry-sector/oil-and-gas-markets/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Oil and gas markets</h3> </a> <a href="/store/industry-sector/midstream-oil-and-gas/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Midstream oil and gas</h3> </a> <a href="/store/industry-sector/lng-reports/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">LNG</h3> </a> </div> </div> <div class="mega-menu__column small-6"> <div class="mega-menu__column-items-container"> <a href="/store/industry-sector/downstream-oil-refining/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Downstream oil refining</h3> </a> <a href="/store/industry-sector/coal/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Coal</h3> </a> <a href="/store/industry-sector/metals-markets/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Metals markets</h3> </a> <a href="/store/industry-sector/metals-costs/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Metals costs</h3> </a> <a href="/store/industry-sector/petrochemicals/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Chemicals</h3> </a> </div> </div> </div> </div> <div class="mega-menu__column-flex"> <a href="/store/outlook-reports/" class="mega-menu__column-section-title-container mega-menu__section-title-hover"> <h3 class="mega-menu__column-section-title">Featured Reports</h3> <div class="mega-menu__column-section-label-container"> <span class="mega-menu__column-section-label">View All</span> <img class="mega-menu__column-section-label-icon" /> </div> </a> <div class="mega-menu__column-items-container"> <a href="/store/2024-featured-reports/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">2024 Featured Reports</h3> <p class="mega-menu__column-item-description"> Explore our wide range of market outlook reports spanning the natural resources and energy industries. </p> </a> <a href="/store/wallmaps/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Wallmaps</h3> <p class="mega-menu__column-item-description"> Pinpoint opportunities on a map. In-depth industry and market-data wallmaps. </p> </a> </div> </div> </div> </div> <!-- MOBILE --> <div class="just-mobile mega-menu__nav-secondary__col medium-6 nav-secondary__fade"> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/store/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Browse All Reports </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/power-and-renewables/" class="mega-menu__nav-secondary__item__link">Power and renewables</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/upstream-oil-and-gas/" class="mega-menu__nav-secondary__item__link">Upstream oil and gas</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/macroeconomics-risk-and-global-trends/" class="mega-menu__nav-secondary__item__link">Macroeconomics, risk and global trends</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/oil-and-gas-markets/" class="mega-menu__nav-secondary__item__link">Oil and gas markets</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/midstream-oil-and-gas/" class="mega-menu__nav-secondary__item__link">Midstream oil and gas</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/lng-reports/" class="mega-menu__nav-secondary__item__link">LNG</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/downstream-oil-refining/" class="mega-menu__nav-secondary__item__link">Downstream oil refining</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/coal/" class="mega-menu__nav-secondary__item__link">Coal</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/metals-markets/" class="mega-menu__nav-secondary__item__link">Metals markets</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/metals-costs/" class="mega-menu__nav-secondary__item__link">Metals costs</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/industry-sector/petrochemicals/" class="mega-menu__nav-secondary__item__link">Chemicals</a> </li> </ul> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/store/outlook-reports/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Featured Reports </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/store/2024-featured-reports/" class="mega-menu__nav-secondary__item__link">2024 Featured Reports</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/store/wallmaps/" class="mega-menu__nav-secondary__item__link">Wallmaps</a> </li> </ul> </div> </div> <div id="menuitem_802636-desktop" class="nav-secondary js-navigation__secondary"> <!-- DESKTOP --> <div class="just-desktop wrap mega-menu__wrap flexbox"> <div class="mega-menu__columns-container"> <div class="single-section-columns"> <a href="/lens/" class="mega-menu__column-section-title-container mega-menu__section-title-hover"> <h3 class="mega-menu__column-section-title">Lens</h3> <div class="mega-menu__column-section-label-container"> <span class="mega-menu__column-section-label">View All</span> <img class="mega-menu__column-section-label-icon" /> </div> </a> <div class="mega-menu__columns-container mega-menu__columns-container-single"> <div class="mega-menu__column small-6"> <div class="mega-menu__column-items-container"> <a href="/lens/power/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Power</h3> <p class="mega-menu__column-item-description"> An integrated view of global renewable and conventional power data and insights across projects, technologies and markets. </p> </a> <a href="/lens/hydrogen/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Hydrogen</h3> <p class="mega-menu__column-item-description"> Maximise investment opportunities across the hydrogen, ammonia and methanol value chain. </p> </a> <a href="/lens/upstream/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Upstream</h3> <p class="mega-menu__column-item-description"> Industry renowned data and analysis to build resilient, sustainable portfolios. </p> </a> <a href="/lens/subsurface/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Subsurface</h3> <p class="mega-menu__column-item-description"> Identify advantaged barrels and support critical investment decisions with an integrated view of commercial and technical data. </p> </a> <a href="/lens/gas-lng/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Gas & LNG</h3> <p class="mega-menu__column-item-description"> The single source for exploring industry data alongside leading expertise, analyses, and modelling insights. </p> </a> </div> </div> <div class="mega-menu__column small-6"> <div class="mega-menu__column-items-container"> <a href="/lens/metals-and-mining/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Metals & Mining</h3> <p class="mega-menu__column-item-description"> Unlock robust data and new unique perspectives across key mined commodities needed to assess the mining landscape. </p> </a> <a href="/lens/carbon/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Carbon</h3> <p class="mega-menu__column-item-description"> Analysis of CCUS and offset opportunities to shape decarbonisation strategies. </p> </a> <a href="/lens/emissions/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Emissions</h3> <p class="mega-menu__column-item-description"> Decision intelligence to simplify the complexity of emissions risk management. </p> </a> <a href="/lens/direct/" class="mega-menu__column-item"> <h3 class="mega-menu__column-item-title">Lens Direct - API</h3> <p class="mega-menu__column-item-description"> Seamlessly integrate Wood Mackenzie data into your own proprietary systems with Lens Direct API services. </p> </a> </div> </div> </div> </div> <div class="mega-menu__column-flex flex-end"> <div> <a href="/lens/metals-and-mining/" class="promo-block-container" ga4-component-tracking="eyJldmVudCI6ImNvbXBvbmVudF9jbGljayIsInR5cGUiOiJNZWdhTWVudSBQcm9tb0NhcmQgQmxvY2siLCJ0aXRsZSI6IkxlbnMgTWV0YWxzICYgTWluaW5nIiwidXJsIjoiL2xlbnMvbWV0YWxzLWFuZC1taW5pbmcvIn0=" > <div class="badge badge--promo"> New Product </div> <div class="title"> Lens Metals & Mining </div> <div class="description"> Navigate the rapidly evolving landscape with reliable data and market insights. </div> <div class="image-container"> <img class="lazyload" data-src="https://www.woodmac.com/siteassets/frontify_media_download/photography/metals-and-mining/_micro/micro_metalsandmining_gettyimages-156830448.jpg?mode=crop&center=0.5,0.5" alt="A vast and deep quarry site."> </div> <button class="btn btn--primary btn--arrow"> <span>Explore</span> </button> </a> </div> </div> </div> </div> <!-- MOBILE --> <div class="just-mobile mega-menu__nav-secondary__col medium-6 nav-secondary__fade"> <!-- MOBILE SECONDARY SECTION HEADER --> <a href="/lens/" class="mega-menu__nav-secondary__title"> <span class="mega-menu__nav-secondary__title-link icon"> Lens </span> <!--Removing Link Text on Mobile Navigation & adding empty span for the right icon--> <span class="mega-menu__link-label"></span> <img class="mega-menu__link-label-icon" /> </a> <!-- MOBILE SECONDARY LIST --> <ul class="mega-menu__list-container"> <!-- MOBILE SECONDARY LIST ITEMS --> <li class="mega-menu__nav-secondary__item"> <a href="/lens/power/" class="mega-menu__nav-secondary__item__link">Power</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/hydrogen/" class="mega-menu__nav-secondary__item__link">Hydrogen</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/upstream/" class="mega-menu__nav-secondary__item__link">Upstream</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/subsurface/" class="mega-menu__nav-secondary__item__link">Subsurface</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/gas-lng/" class="mega-menu__nav-secondary__item__link">Gas & LNG</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/metals-and-mining/" class="mega-menu__nav-secondary__item__link">Metals & Mining</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/carbon/" class="mega-menu__nav-secondary__item__link">Carbon</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/emissions/" class="mega-menu__nav-secondary__item__link">Emissions</a> </li> <li class="mega-menu__nav-secondary__item"> <a href="/lens/direct/" class="mega-menu__nav-secondary__item__link">Lens Direct - API</a> </li> </ul> </div> </div></header> <div class="menu-spacer"></div> <div id="fake-bg" class="nav-primary__fake-bg js-navigation__fake-bg mega-menu"></div> <div id="search-modal" class="search-overlay"> <div class="wrap"> <form id="search__form" class="col small-12 large-10 push-1--large pull-1--large global-search" method="get" action="/search/"> <label for="name" class="visuallyhidden"> Search label </label> <input type="text" id="q" name="q" class="global-search__input" placeholder="Search the site..." autocomplete="off"> <button type="submit" class="global-search__btn"> <div class="search-loader hide"></div> <svg class="search_icon" xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g id="Frame" stroke="#fff" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#clip0_982_19)"><title>Search</title><path id="Vector" d="M.64 7.04a6.4 6.4 0 1 0 12.8 0 6.4 6.4 0 0 0-12.8 0Z" /><path id="Vector_2" d="m15.36 15.36-3.795-3.795" /></g><defs><clipPath id="clip0_982_19"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg> <span class="visuallyhidden"> Search </span> </button> </form> </div> </div> <div class="breadcrumbs"> <div class="wrap"> <ol> <li> <a href="/market-insights/" data-text="Market insights">Market insights</a> </li> <li> <a href="/market-insights/topics/ccus/" data-text="CCUS">CCUS</a> </li> </ol> </div> <script type="application/ld+json"> { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Market insights", "item": "https://www.woodmac.com/market-insights/" } , { "@type": "ListItem", "position": 2, "name": "CCUS", "item": "https://www.woodmac.com/market-insights/topics/ccus/" } ] } </script> </div> <main id="content" class="landing"> <div><div> <div id="hero-block" class=> <div class="hero-multi-template__container template_style_medium template_position_center bg-secondary-color"> <div class="wrap relative hero-multi-template__section_flex_container"> <div class="hero-multi-template__flex_image_container justify-center"> <div class="hero-multi-template__summary col "> <h1 class="hero-multi-template__title">Everything you need to know about carbon capture, utilisation & storage</h1> <p class="hero-multi-template__introduction"> As a means of removing the carbon dioxide created by fossil fuel use, carbon capture, utilisation and storage (CCUS) will be integral to a smooth energy transition. </p> </div> </div> <div class="hero-multi-template__image" style="background-image: url(https://www.woodmac.com/siteassets/frontify_media_download/photography/cities/_micro_city_tokyo-gettyimages-904453184.jpg?mode=crop&center=0.5,0.5); background-position:50% 50%;"> <div class="hero-multi-template__shape"></div> </div> </div> </div> </div> </div><div> <div class="body-copy-image__section bg-light-100 no-margin-lower" id="bodycopyimage" data-io-animation-chain="true"> <div class="wrap"> <div class="body-copy-image__content-container flexbox align-start bg-light-100 reverse"> <div class="image-left body-copy-image__text-container small-12 large-6"> <h3 class="body-copy-image__section-title h300 ">CCUS isn’t new, so why the fuss now?</h3> <div class="" data-io-type="fade" data-io-direction="bottom-top"> <div class="editor body-copy-image__description"> <p>It’s true that industrial scale carbon capture projects have been around for half a century — a major project to use waste carbon dioxide from natural gas processing plants in Val Verde Texas in enhanced oil recovery (EOR) was started in 1972. However, it’s only recently that the urgent need to address climate change while ensuring a smooth transition away from fossil fuel use has really turned the spotlight on CCUS technology.</p></div> </div> <div class="body-copy-image__buttons-container"> </div> </div> <div class="body-copy-image__image-container small-12 large-6"> <picture> <source data-srcset="https://www.woodmac.com/siteassets/frontify_media_download/photography/nuclear/_macro/macro_nuclear_gettyimages-1297432545.jpg?w=1000&mode=crop&center=0.5,0.5" media="(min-width: 960px)"> <img class=" lazyload" data-src="https://www.woodmac.com/siteassets/frontify_media_download/photography/nuclear/_macro/macro_nuclear_gettyimages-1297432545.jpg?w=800&mode=crop&center=0.5,0.5" alt="Modern power-plant producing steam from the nuclear cooling towers. Smoke coming from refining chimney stack."> </picture> <p class="body-copy-image__image-caption"></p> </div> </div> </div> </div> </div><div> <div class="body-copy-image__section bg-light-100 " id="bodycopyimage" data-io-animation-chain="true"> <div class="wrap"> <div class="body-copy-image__content-container flexbox align-start bg-light-100 "> <div class="image-right body-copy-image__text-container small-12 large-6"> <h3 class="body-copy-image__section-title h300 ">How big is the potential use case for CCUS?</h3> <div class="" data-io-type="fade" data-io-direction="bottom-top"> <div class="editor body-copy-image__description"> <p>Current global CCUS capacity is around 63 million tonnes per year (Mtpa); under our base case this is expected to balloon to 1,700 Mtpa by 2050. On the face of it that’s impressive growth, but it’s a mere fraction of what would be needed for an orderly energy transition; to constrain global warming to 1.5 degrees above pre-industrial levels, capacity would need to reach a staggering 7,750 Mtpa.</p></div> </div> <div class="body-copy-image__buttons-container"> </div> </div> <div class="body-copy-image__image-container small-12 large-6"> <picture> <source data-srcset="https://www.woodmac.com/siteassets/frontify_media_download/photography/gas/macro-gas/macro_gas_gettyimages-684939134.jpg?w=1000&mode=crop&center=0.5,0.5" media="(min-width: 960px)"> <img class=" lazyload" data-src="https://www.woodmac.com/siteassets/frontify_media_download/photography/gas/macro-gas/macro_gas_gettyimages-684939134.jpg?w=800&mode=crop&center=0.5,0.5"> </picture> <p class="body-copy-image__image-caption"></p> </div> </div> </div> </div> </div><div> <div class="body-copy-image__section bg-light-100 no-margin-upper " id="bodycopyimage" data-io-animation-chain="true"> <div class="wrap"> <div class="body-copy-image__content-container flexbox align-start bg-light-100 reverse"> <div class="image-left body-copy-image__text-container small-12 large-6"> <h3 class="body-copy-image__section-title h300 ">What industries can CCUS help decarbonise?</h3> <div class="" data-io-type="fade" data-io-direction="bottom-top"> <div class="editor body-copy-image__description"> <p>To date, most CCUS projects have focused on emissions reduction in power generation or gas processing. But going forward, we expect CCUS to expand into other industries (this is a driving force behind the hub and cluster concept, whereby a central CCUS ‘hub’ will process emissions from a range of industrial plants clustered nearby). Cement and steel production — which have limited commercial alternatives to fossil fuel use — will probably lead the way, while the CCS component in the production of blue hydrogen could also be important.</p></div> </div> <div class="body-copy-image__buttons-container"> </div> </div> <div class="body-copy-image__image-container small-12 large-6"> <picture> <source data-srcset="https://www.woodmac.com/siteassets/frontify_media_download/photography/power/macro_power/macro_power_gettyimages-1301196204.jpg?w=1000&mode=crop&center=0.5,0.5" media="(min-width: 960px)"> <img class=" lazyload" data-src="https://www.woodmac.com/siteassets/frontify_media_download/photography/power/macro_power/macro_power_gettyimages-1301196204.jpg?w=800&mode=crop&center=0.5,0.5" alt="A view of the interior of a high voltage tower against a blue sky."> </picture> <p class="body-copy-image__image-caption"></p> </div> </div> </div> </div> </div><div> <div class="module benefits soft-lens--ends bg-light-grey-1 primary-color " id="promosection"> <div class="wrap"> <div class="col small-12"> <div class="benefits__title-wrapper"> <h1 class="giga text-center--medium">CCUS in numbers</h1> <div> <p>Despite significant growth there's still an order-of-magnitude difference between planned capacity and 1.5-degree alignment</p></div> </div> </div> </div> <div class="wrap flex__equal-height flexbox justify-center"> <div class="col small-12 medium-6 large-3 flexbox direction-column justify-between"> <div class="benefits__item" id="promoicon"> <div class="icon--centered"> <img class="lazyload" data-src="https://www.woodmac.com/siteassets/frontify_media_download/icons/128-px-icons/icon-factory-building-128px.png?h=112&mode=crop&center=0.5,0.5" /> </div> <div class="text--centered"> <h2 class="beta">43 million tonnes per year </h2> <div class="body-copy"> <p>Current operational CCUS capacity</p></div> </div> </div> </div><div class="col small-12 medium-6 large-3 flexbox direction-column justify-between"> <div class="benefits__item" id="promoicon"> <div class="icon--centered"> <img class="lazyload" data-src="https://www.woodmac.com/siteassets/frontify_media_download/icons/128-px-icons/icon-performance-increase-128px.png?h=112&mode=crop&center=0.5,0.5" /> </div> <div class="text--centered"> <h2 class="beta">7x Increase</h2> <div class="body-copy"> <p>in planned CCUS capacity in 2021</p></div> </div> </div> </div><div class="col small-12 medium-6 large-3 flexbox direction-column justify-between"> <div class="benefits__item" id="promoicon"> <div class="icon--centered"> <img class="lazyload" data-src="https://www.woodmac.com/siteassets/frontify_media_download/icons/128-px-icons/icon-cloud-refresh-128px.png?h=112&mode=crop&center=0.5,0.5" /> </div> <div class="text--centered"> <h2 class="beta">562 million tonnes per year </h2> <div class="body-copy"> <p>Total planned CCUS capacity</p></div> </div> </div> </div><div class="col small-12 medium-6 large-3 flexbox direction-column justify-between"> <div class="benefits__item" id="promoicon"> <div class="icon--centered"> <img class="lazyload" data-src="https://www.woodmac.com/siteassets/frontify_media_download/icons/128-px-icons/icon-air-polution-co2-down-128px.png?h=112&mode=crop&center=0.5,0.5" /> </div> <div class="text--centered"> <h2 class="beta">5 billion tonnes per year</h2> <div class="body-copy"> <p>CCUS capacity required by 2050</p> <p>to align with 1.5 degrees</p></div> </div> </div> </div> </div> </div></div><div> <div class="c-accordion--block " id="accordion-block"> <div class="c-accordionblock__wrapper wrap relative"> <div class="col c-accordionblock__descrption"> <h2 class="text-left tera soft--bottom core-branding-rich-blue">Further considerations</h2> <div class="primary-color alpha editor push--bottom primary-font--regular"> <p>While good progress has been made, there are still some key issues that need to be looked at:</p></div> </div> <div class="c-accordionblock__acordion__section"> <div class="c-accordionblock__inner "> <div class="js-accordion c-accordionblock__bordertop__grey"> <div class="c-accordion__wrapper"> <h3 class="small-12"> <button aria-expanded="false" class="c-accordionblock__trigger js-accordion__trigger c-accordionblock__item__title" aria-controls="accordion-section-34f1f96e-1de6-4f31-954d-b570f0304ecf" id="accordion-button--34f1f96e-1de6-4f31-954d-b570f0304ecf"> <h2>If it’s been around so long, why is uptake so limited?</h2> </button> </h3> <div class="c-accordion__panel" id="accordion-section--34f1f96e-1de6-4f31-954d-b570f0304ecf" role="region" aria-labelledby="accordion-button--34f1f96e-1de6-4f31-954d-b570f0304ecf"> <div class="c-accordionblock__item editor push--bottom"> <p>A key factor is that sequestering CO2 doesn’t itself generate revenue. What’s more, CCUS costs remain high when compared to the current global weighted average carbon price in the compliance market. Successful projects have found the right balance of cost and incentive, but the future of CCUS will depend on internationally coordinated carbon pricing and incentive structures to make the technology viable.</p></div> </div> </div> <div class="c-accordion__wrapper"> <h3 class="small-12"> <button aria-expanded="false" class="c-accordionblock__trigger js-accordion__trigger c-accordionblock__item__title" aria-controls="accordion-section-d6e8371a-38b1-442d-a2a5-ef6dd666ef53" id="accordion-button--d6e8371a-38b1-442d-a2a5-ef6dd666ef53"> <h3>What will be the other main barriers to uptake?</h3> </button> </h3> <div class="c-accordion__panel" id="accordion-section--d6e8371a-38b1-442d-a2a5-ef6dd666ef53" role="region" aria-labelledby="accordion-button--d6e8371a-38b1-442d-a2a5-ef6dd666ef53"> <div class="c-accordionblock__item editor push--bottom"> <p>Until now, CCUS has been dominated by amine-based processes. Capturing carbon dioxide from sources with lower levels of concentration, at scale and more cheaply, will require improved technology. Added to this, the corrosive nature of CO2 can make transportation costly and storage an issue; even when suitable locations can be found, rigorous measures are needed to ensure their integrity.</p></div> </div> </div> <div class="c-accordion__wrapper"> <h3 class="small-12"> <button aria-expanded="false" class="c-accordionblock__trigger js-accordion__trigger c-accordionblock__item__title" aria-controls="accordion-section-375e9d33-5cf2-4ede-b30f-1636b99cf152" id="accordion-button--375e9d33-5cf2-4ede-b30f-1636b99cf152"> <h3>Can these issues be overcome?</h3> </button> </h3> <div class="c-accordion__panel" id="accordion-section--375e9d33-5cf2-4ede-b30f-1636b99cf152" role="region" aria-labelledby="accordion-button--375e9d33-5cf2-4ede-b30f-1636b99cf152"> <div class="c-accordionblock__item editor push--bottom"> <p>Strengthened net zero targets have built momentum behind CCUS. Hub projects are in the pipeline all over the world, enabling more industries to employ carbon capture and bringing down costs. But above all, rolling out CCUS at scale will require effective policy support and well-structured carbon pricing schemes. Only then will the goal of reaching 7,750Mtpa by 2050 become possible.</p></div> </div> </div> </div> </div> </div> </div> </div></div><div> <section id="hero-block" class="c-hero c-hero--standard bg-dark-grey-3 clip z3 bg-gradient bg-gradient--mid relative flexbox--medium direction-column--medium justify-center--medium " data-io-animation-chain="true"> <picture> <source srcset="https://www.woodmac.com/siteassets/frontify_media_download/photography/nuclear/_micro/micro_nuclear_gettyimages-91082914.jpg?w=1800&h=680&mode=crop&center=0.5,0.5" media="(min-width: 1200px)"> <source srcset="https://www.woodmac.com/siteassets/frontify_media_download/photography/nuclear/_micro/micro_nuclear_gettyimages-91082914.jpg?w=1000&h=680&mode=crop&center=0.5,0.5" media="(min-width: 768px)"> <img class="image-cover-medium-up" src="https://www.woodmac.com/siteassets/frontify_media_download/photography/nuclear/_micro/micro_nuclear_gettyimages-91082914.jpg?w=800&h=400&mode=crop&center=0.5,0.5" alt="Two operational nuclear cooling towers, wind turbines in the distance, in the countryside."> </picture> <div class="c-hero__panel soft-double--ends wrap flexbox--medium align-center--medium"> <div class="relative z10 full-width flexbox--medium align-center--medium"> <div class="col small-12 medium-7 push-1--medium large-6 push-2--large xlarge-5 push-4--xlarge " data-io-type="fade" data-io-direction="top-bottom"> <p class="white beta font-semibold push-quarter--bottom fade-in-up fade-in-up--2">Join us on 9-10 October 2024 at the </p> <h1 class="push-half--bottom white peta font-semibold fade-in-up fade-in-up--2">Carbon Capture, Utilization and Storage (CCUS) Conference, Houston, TX, USA</h1> </div> <div class="col small-12 medium-4 large-4 xlarge-3 align-self-start push-top--small " data-io-type="fade" data-io-direction="top-bottom"> <a class="btn btn--primary btn--external" target="_blank" rel="noopener" href="/events/carbon-capture-utilization-storage-conference/"> Register now </a> </div> </div> </div> </section></div><div><div id="latest-thinking"> <div class="module module--bg"> <div class="wrap"> <div class="col small-12 text-center push--bottom"> <h2 class="text-center mega bold push-half--bottom"> Read more about CCUS </h2> <div class="filter__inner"> <div class="filter hide visuallyhidden"> <button class="js-toggle__group btn btn--filter" data-target="#filter-commodity"> <span data-display-name="ButtonText">Commodity</span> <svg tabindex="-1" role="img" version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" width="11.2px" height="6.7px" viewBox="0 0 11.2 6.7" enable-background="new 0 0 11.2 6.7" xml:space="preserve"> <polygon fill="#565656" points="5.6,4.5 1.1,0 0,1.1 5.6,6.7 11.2,1.1 10.2,0 "></polygon> </svg> </button> <div id="filter-commodity" class="filter__panel"> <ul class="checkbox soft-half js-filter" data-hidden="true"> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c3457" name="cf" value="c3457" class="checkbox__input" /> <label for="filter-item-c3457" class="checkbox__label">Coal</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c3460" name="cf" value="c3460" class="checkbox__input" /> <label for="filter-item-c3460" class="checkbox__label">Metals</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c3471" name="cf" value="c3471" class="checkbox__input" /> <label for="filter-item-c3471" class="checkbox__label">Oil and Gas</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c3477" name="cf" value="c3477" class="checkbox__input" /> <label for="filter-item-c3477" class="checkbox__label">Chemicals</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c3489" name="cf" value="c3489" class="checkbox__input" /> <label for="filter-item-c3489" class="checkbox__label">Oil Products</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c3497" name="cf" value="c3497" class="checkbox__input" /> <label for="filter-item-c3497" class="checkbox__label">Power and Renewables</label> </li> </ul> </div> </div> <div class="filter hide visuallyhidden"> <button class="js-toggle__group btn btn--filter" data-target="#filter-industry sector"> <span data-display-name="ButtonText">Industry Sector</span> <svg tabindex="-1" role="img" version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" width="11.2px" height="6.7px" viewBox="0 0 11.2 6.7" enable-background="new 0 0 11.2 6.7" xml:space="preserve"> <polygon fill="#565656" points="5.6,4.5 1.1,0 0,1.1 5.6,6.7 11.2,1.1 10.2,0 "></polygon> </svg> </button> <div id="filter-industry sector" class="filter__panel"> <ul class="checkbox soft-half js-filter" data-hidden="true"> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c2668" name="cf" value="c2668" class="checkbox__input" /> <label for="filter-item-c2668" class="checkbox__label">Chemicals</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c2680" name="cf" value="c2680" class="checkbox__input" /> <label for="filter-item-c2680" class="checkbox__label">Metals costs</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c2696" name="cf" value="c2696" class="checkbox__input" /> <label for="filter-item-c2696" class="checkbox__label">Metals markets</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c2706" name="cf" value="c2706" class="checkbox__input" /> <label for="filter-item-c2706" class="checkbox__label">Metals concentrates and intermediates</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c2711" name="cf" value="c2711" class="checkbox__input" /> <label for="filter-item-c2711" class="checkbox__label">Power and renewables</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c2715" name="cf" value="c2715" class="checkbox__input" /> <label for="filter-item-c2715" class="checkbox__label">Coal</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c2718" name="cf" value="c2718" class="checkbox__input" /> <label for="filter-item-c2718" class="checkbox__label">Downstream oil refining</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c2722" name="cf" value="c2722" class="checkbox__input" /> <label for="filter-item-c2722" class="checkbox__label">LNG</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c2728" name="cf" value="c2728" class="checkbox__input" /> <label for="filter-item-c2728" class="checkbox__label">Midstream oil and gas</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c2731" name="cf" value="c2731" class="checkbox__input" /> <label for="filter-item-c2731" class="checkbox__label">Oil and gas markets</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c2735" name="cf" value="c2735" class="checkbox__input" /> <label for="filter-item-c2735" class="checkbox__label">Upstream oil and gas</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c2741" name="cf" value="c2741" class="checkbox__input" /> <label for="filter-item-c2741" class="checkbox__label">Macroeconomics, risk and global trends</label> </li> </ul> </div> </div> <div class="filter hide visuallyhidden"> <button class="js-toggle__group btn btn--filter" data-target="#filter-location"> <span data-display-name="ButtonText">Location</span> <svg tabindex="-1" role="img" version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" width="11.2px" height="6.7px" viewBox="0 0 11.2 6.7" enable-background="new 0 0 11.2 6.7" xml:space="preserve"> <polygon fill="#565656" points="5.6,4.5 1.1,0 0,1.1 5.6,6.7 11.2,1.1 10.2,0 "></polygon> </svg> </button> <div id="filter-location" class="filter__panel"> <ul class="checkbox soft-half js-filter" data-hidden="true"> <li class="checkbox__item"> <input type="checkbox" id="filter-item-c450" name="cf" value="c450" class="checkbox__input" /> <label for="filter-item-c450" class="checkbox__label">Global</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-dm289" name="cf" value="dm289" class="checkbox__input" /> <label for="filter-item-dm289" class="checkbox__label">Africa</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-dm292" name="cf" value="dm292" class="checkbox__input" /> <label for="filter-item-dm292" class="checkbox__label">Latin America and the Caribbean</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-dm294" name="cf" value="dm294" class="checkbox__input" /> <label for="filter-item-dm294" class="checkbox__label">North America</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-dm290" name="cf" value="dm290" class="checkbox__input" /> <label for="filter-item-dm290" class="checkbox__label">Asia</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-dm291" name="cf" value="dm291" class="checkbox__input" /> <label for="filter-item-dm291" class="checkbox__label">Europe</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-dm295" name="cf" value="dm295" class="checkbox__input" /> <label for="filter-item-dm295" class="checkbox__label">Oceania</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-dm296" name="cf" value="dm296" class="checkbox__input" /> <label for="filter-item-dm296" class="checkbox__label">Russia and the Caspian</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-dm293" name="cf" value="dm293" class="checkbox__input" /> <label for="filter-item-dm293" class="checkbox__label">Middle East</label> </li> </ul> </div> </div> <div class="filter hide visuallyhidden"> <button class="js-toggle__group btn btn--filter" data-target="#filter-marketing topics"> <span data-display-name="ButtonText">Marketing Topics</span> <svg tabindex="-1" role="img" version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" width="11.2px" height="6.7px" viewBox="0 0 11.2 6.7" enable-background="new 0 0 11.2 6.7" xml:space="preserve"> <polygon fill="#565656" points="5.6,4.5 1.1,0 0,1.1 5.6,6.7 11.2,1.1 10.2,0 "></polygon> </svg> </button> <div id="filter-marketing topics" class="filter__panel"> <ul class="checkbox soft-half js-filter" data-hidden="true"> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt0" name="cf" value="mt0" class="checkbox__input" /> <label for="filter-item-mt0" class="checkbox__label">Chemicals</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt1" name="cf" value="mt1" class="checkbox__input" /> <label for="filter-item-mt1" class="checkbox__label">Commodity Analytics</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt2" name="cf" value="mt2" class="checkbox__input" /> <label for="filter-item-mt2" class="checkbox__label">Corporate Analysis</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt3" name="cf" value="mt3" class="checkbox__input" /> <label for="filter-item-mt3" class="checkbox__label">Exploration & Production</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt4" name="cf" value="mt4" class="checkbox__input" /> <label for="filter-item-mt4" class="checkbox__label">Gas & LNG</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt5" name="cf" value="mt5" class="checkbox__input" /> <label for="filter-item-mt5" class="checkbox__label">Government & NGO</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt6" name="cf" value="mt6" class="checkbox__input" /> <label for="filter-item-mt6" class="checkbox__label">Institutional Investors</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt7" name="cf" value="mt7" class="checkbox__input" /> <label for="filter-item-mt7" class="checkbox__label">Integrated Oil & Gas</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt8" name="cf" value="mt8" class="checkbox__input" /> <label for="filter-item-mt8" class="checkbox__label">Investment Banks</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt9" name="cf" value="mt9" class="checkbox__input" /> <label for="filter-item-mt9" class="checkbox__label">Macroeconomics & Energy Markets</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt10" name="cf" value="mt10" class="checkbox__input" /> <label for="filter-item-mt10" class="checkbox__label">Metals & Mining</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt11" name="cf" value="mt11" class="checkbox__input" /> <label for="filter-item-mt11" class="checkbox__label">National Oil Companies (NOCs)</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt12" name="cf" value="mt12" class="checkbox__input" /> <label for="filter-item-mt12" class="checkbox__label">Power & Renewables</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt13" name="cf" value="mt13" class="checkbox__input" /> <label for="filter-item-mt13" class="checkbox__label">Professional Services</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt14" name="cf" value="mt14" class="checkbox__input" /> <label for="filter-item-mt14" class="checkbox__label">Refining & Marketing</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt15" name="cf" value="mt15" class="checkbox__input" /> <label for="filter-item-mt15" class="checkbox__label">Technical Services</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt16" name="cf" value="mt16" class="checkbox__input" /> <label for="filter-item-mt16" class="checkbox__label">Transportation</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt17" name="cf" value="mt17" class="checkbox__input" /> <label for="filter-item-mt17" class="checkbox__label">Upstream oil & gas</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt18" name="cf" value="mt18" class="checkbox__input" /> <label for="filter-item-mt18" class="checkbox__label">Utilities</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt19" name="cf" value="mt19" class="checkbox__input" /> <label for="filter-item-mt19" class="checkbox__label">Industry Fundamentals</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt20" name="cf" value="mt20" class="checkbox__input" /> <label for="filter-item-mt20" class="checkbox__label">Strategy</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt21" name="cf" value="mt21" class="checkbox__input" /> <label for="filter-item-mt21" class="checkbox__label">Organisation</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt22" name="cf" value="mt22" class="checkbox__input" /> <label for="filter-item-mt22" class="checkbox__label">Portfolio</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt23" name="cf" value="mt23" class="checkbox__input" /> <label for="filter-item-mt23" class="checkbox__label">Capital Allocation</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt24" name="cf" value="mt24" class="checkbox__input" /> <label for="filter-item-mt24" class="checkbox__label">Growth</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt25" name="cf" value="mt25" class="checkbox__input" /> <label for="filter-item-mt25" class="checkbox__label">Risk</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt26" name="cf" value="mt26" class="checkbox__input" /> <label for="filter-item-mt26" class="checkbox__label">Government Strategy & Policy</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt27" name="cf" value="mt27" class="checkbox__input" /> <label for="filter-item-mt27" class="checkbox__label">Commercial Advisory</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt28" name="cf" value="mt28" class="checkbox__input" /> <label for="filter-item-mt28" class="checkbox__label">Procurement & Supply Chain</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt29" name="cf" value="mt29" class="checkbox__input" /> <label for="filter-item-mt29" class="checkbox__label">Performance Improvement</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt30" name="cf" value="mt30" class="checkbox__input" /> <label for="filter-item-mt30" class="checkbox__label">Due Diligence</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt31" name="cf" value="mt31" class="checkbox__input" /> <label for="filter-item-mt31" class="checkbox__label">Opportunity Identification</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt32" name="cf" value="mt32" class="checkbox__input" /> <label for="filter-item-mt32" class="checkbox__label">Valuation</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt33" name="cf" value="mt33" class="checkbox__input" /> <label for="filter-item-mt33" class="checkbox__label">M&A & Divestments</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt34" name="cf" value="mt34" class="checkbox__input" /> <label for="filter-item-mt34" class="checkbox__label">Capability Development</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt35" name="cf" value="mt35" class="checkbox__input" /> <label for="filter-item-mt35" class="checkbox__label">Carbon</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt36" name="cf" value="mt36" class="checkbox__input" /> <label for="filter-item-mt36" class="checkbox__label">Mexico</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt41" name="cf" value="mt41" class="checkbox__input" /> <label for="filter-item-mt41" class="checkbox__label">Permian</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt202" name="cf" value="mt202" class="checkbox__input" /> <label for="filter-item-mt202" class="checkbox__label">Podcast CWIB</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt600" name="cf" value="mt600" class="checkbox__input" /> <label for="filter-item-mt600" class="checkbox__label">Lens</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt203" name="cf" value="mt203" class="checkbox__input" /> <label for="filter-item-mt203" class="checkbox__label">LNG Big Chill podcast</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt428" name="cf" value="mt428" class="checkbox__input" /> <label for="filter-item-mt428" class="checkbox__label">Climate Week NYC</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt204" name="cf" value="mt204" class="checkbox__input" /> <label for="filter-item-mt204" class="checkbox__label">MENA in brief podcast</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt205" name="cf" value="mt205" class="checkbox__input" /> <label for="filter-item-mt205" class="checkbox__label">SubSaharan Africa podcast</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt206" name="cf" value="mt206" class="checkbox__input" /> <label for="filter-item-mt206" class="checkbox__label">Latin America podcast</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt404" name="cf" value="mt404" class="checkbox__input" /> <label for="filter-item-mt404" class="checkbox__label">the pulse</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt405" name="cf" value="mt405" class="checkbox__input" /> <label for="filter-item-mt405" class="checkbox__label">Digitalisation</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt406" name="cf" value="mt406" class="checkbox__input" /> <label for="filter-item-mt406" class="checkbox__label">chemical reaction</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt407" name="cf" value="mt407" class="checkbox__input" /> <label for="filter-item-mt407" class="checkbox__label">foresight 2020</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt408" name="cf" value="mt408" class="checkbox__input" /> <label for="filter-item-mt408" class="checkbox__label">coronavirus</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt409" name="cf" value="mt409" class="checkbox__input" /> <label for="filter-item-mt409" class="checkbox__label">Big ideas</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt410" name="cf" value="mt410" class="checkbox__input" /> <label for="filter-item-mt410" class="checkbox__label">Consulting case studies </label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt411" name="cf" value="mt411" class="checkbox__input" /> <label for="filter-item-mt411" class="checkbox__label">Oil market in crisis 2020</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt412" name="cf" value="mt412" class="checkbox__input" /> <label for="filter-item-mt412" class="checkbox__label">Corporate distress</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt501" name="cf" value="mt501" class="checkbox__input" /> <label for="filter-item-mt501" class="checkbox__label">M&M JK article series </label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt413" name="cf" value="mt413" class="checkbox__input" /> <label for="filter-item-mt413" class="checkbox__label">Women in energy</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt502" name="cf" value="mt502" class="checkbox__input" /> <label for="filter-item-mt502" class="checkbox__label">Hydrogen</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt123" name="cf" value="mt123" class="checkbox__input" /> <label for="filter-item-mt123" class="checkbox__label">OGTC</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt42" name="cf" value="mt42" class="checkbox__input" /> <label for="filter-item-mt42" class="checkbox__label">DERs</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt44" name="cf" value="mt44" class="checkbox__input" /> <label for="filter-item-mt44" class="checkbox__label">wind solar O&M</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt110" name="cf" value="mt110" class="checkbox__input" /> <label for="filter-item-mt110" class="checkbox__label">EU green deal</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt77" name="cf" value="mt77" class="checkbox__input" /> <label for="filter-item-mt77" class="checkbox__label">Materials Transition</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt414" name="cf" value="mt414" class="checkbox__input" /> <label for="filter-item-mt414" class="checkbox__label">US election 2020</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt222" name="cf" value="mt222" class="checkbox__input" /> <label for="filter-item-mt222" class="checkbox__label">ESG</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt753" name="cf" value="mt753" class="checkbox__input" /> <label for="filter-item-mt753" class="checkbox__label">Chemicals - Mandarin</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt415" name="cf" value="mt415" class="checkbox__input" /> <label for="filter-item-mt415" class="checkbox__label">Outlook 2021</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt416" name="cf" value="mt416" class="checkbox__input" /> <label for="filter-item-mt416" class="checkbox__label">Ignite</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt417" name="cf" value="mt417" class="checkbox__input" /> <label for="filter-item-mt417" class="checkbox__label">Views</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt800" name="cf" value="mt800" class="checkbox__input" /> <label for="filter-item-mt800" class="checkbox__label">short term analytics</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt023" name="cf" value="mt023" class="checkbox__input" /> <label for="filter-item-mt023" class="checkbox__label">Horizons</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt024" name="cf" value="mt024" class="checkbox__input" /> <label for="filter-item-mt024" class="checkbox__label">COP26</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt418" name="cf" value="mt418" class="checkbox__input" /> <label for="filter-item-mt418" class="checkbox__label">Horizons Live</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt419" name="cf" value="mt419" class="checkbox__input" /> <label for="filter-item-mt419" class="checkbox__label">Energy Gang</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt420" name="cf" value="mt420" class="checkbox__input" /> <label for="filter-item-mt420" class="checkbox__label">Interchange</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt421" name="cf" value="mt421" class="checkbox__input" /> <label for="filter-item-mt421" class="checkbox__label">Horizons podcast</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt4044" name="cf" value="mt4044" class="checkbox__input" /> <label for="filter-item-mt4044" class="checkbox__label">2022 outlook</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt422" name="cf" value="mt422" class="checkbox__input" /> <label for="filter-item-mt422" class="checkbox__label">partnered content</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt223" name="cf" value="mt223" class="checkbox__input" /> <label for="filter-item-mt223" class="checkbox__label">Russia-Ukraine conflict</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt4045" name="cf" value="mt4045" class="checkbox__input" /> <label for="filter-item-mt4045" class="checkbox__label">Let's Share the Sun</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt4046" name="cf" value="mt4046" class="checkbox__input" /> <label for="filter-item-mt4046" class="checkbox__label">CSR</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt224" name="cf" value="mt224" class="checkbox__input" /> <label for="filter-item-mt224" class="checkbox__label">Data operations</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt4010" name="cf" value="mt4010" class="checkbox__input" /> <label for="filter-item-mt4010" class="checkbox__label">Gastech</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt4012" name="cf" value="mt4012" class="checkbox__input" /> <label for="filter-item-mt4012" class="checkbox__label">Grid Edge</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt4013" name="cf" value="mt4013" class="checkbox__input" checked = true /> <label for="filter-item-mt4013" class="checkbox__label">CCUS/CCS</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt2225" name="cf" value="mt2225" class="checkbox__input" /> <label for="filter-item-mt2225" class="checkbox__label">2023 outlook</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt424" name="cf" value="mt424" class="checkbox__input" /> <label for="filter-item-mt424" class="checkbox__label">ABM Utilities</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt425" name="cf" value="mt425" class="checkbox__input" /> <label for="filter-item-mt425" class="checkbox__label">ABM Banks</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt426" name="cf" value="mt426" class="checkbox__input" /> <label for="filter-item-mt426" class="checkbox__label">ABM Majors</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt427" name="cf" value="mt427" class="checkbox__input" /> <label for="filter-item-mt427" class="checkbox__label">ABM M&M</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt4014" name="cf" value="mt4014" class="checkbox__input" /> <label for="filter-item-mt4014" class="checkbox__label">2024 outlook</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt500" name="cf" value="mt500" class="checkbox__input" /> <label for="filter-item-mt500" class="checkbox__label">careers content</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt37" name="cf" value="mt37" class="checkbox__input" /> <label for="filter-item-mt37" class="checkbox__label">Brazil</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt38" name="cf" value="mt38" class="checkbox__input" /> <label for="filter-item-mt38" class="checkbox__label">Fiscal</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt39" name="cf" value="mt39" class="checkbox__input" /> <label for="filter-item-mt39" class="checkbox__label">NA E&P</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt40" name="cf" value="mt40" class="checkbox__input" /> <label for="filter-item-mt40" class="checkbox__label">Lens</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt100" name="cf" value="mt100" class="checkbox__input" /> <label for="filter-item-mt100" class="checkbox__label">ABM Shell</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt101" name="cf" value="mt101" class="checkbox__input" /> <label for="filter-item-mt101" class="checkbox__label">ABM BP</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt102" name="cf" value="mt102" class="checkbox__input" /> <label for="filter-item-mt102" class="checkbox__label">ABM Rosneft</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt200" name="cf" value="mt200" class="checkbox__input" /> <label for="filter-item-mt200" class="checkbox__label">Podcast CFT</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt201" name="cf" value="mt201" class="checkbox__input" /> <label for="filter-item-mt201" class="checkbox__label">Asia Pacific Energy Brief podcast</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt300" name="cf" value="mt300" class="checkbox__input" /> <label for="filter-item-mt300" class="checkbox__label">The Inside Track</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt400" name="cf" value="mt400" class="checkbox__input" /> <label for="filter-item-mt400" class="checkbox__label">IMO 2020</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt401" name="cf" value="mt401" class="checkbox__input" /> <label for="filter-item-mt401" class="checkbox__label">energy transition </label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt402" name="cf" value="mt402" class="checkbox__input" /> <label for="filter-item-mt402" class="checkbox__label">electric vehicles</label> </li> <li class="checkbox__item"> <input type="checkbox" id="filter-item-mt403" name="cf" value="mt403" class="checkbox__input" /> <label for="filter-item-mt403" class="checkbox__label">apac energy buzz</label> </li> </ul> </div> </div> <div role="button" class="filter__close js-filter__close"> </div> </div> <div class="js-filter-pills"> </div> </div> <div class="clearfix"></div> <div class="masonry"> <div class="wrap"> <div class="col small-12 js-filter-list" data-filter-endpoint="/api/v1/search/latest-thinking/5281506f-2ed4-43db-bc17-bc14780a0c90" data-pinned-endpoint="" data-filter-batchsize="6"> <div class="text-center soft--ends status status--searching js-filter__default"><p class="font-regular">Loading...</p></div> </div> </div> </div> <div class="js-filter__more"></div> </div> </div> </div> </div><div><div class="wrap product-carousel-container product-carousel-section-height" id="SectionProductListCarousel"> <div class="col small-12 medium-5 large-4 xlarge-4 product-carousel-section-height product-carousel-section-intro"> <h3 class="peta soft--right--large push--top primary-color" >Featured Product: Lens Carbon</h3> <div class="editor product-carousel-body-text push--top"> <p>A unique, end-to-end solution to screen, analyse and value carbon management projects</p></div> </div> <div class="col small-12 medium-7 large-8 xlarge-8 product-carousel-section-height" id="productimagecarousel"> <div class="product-carousel swiper-container product-carousel-section-height"> <div class="swiper-wrapper"> <div class="product-carousel__slide swiper-slide"> <!--Start of slides--> <div class="product-carousel__slide--content"> <h5 class="text-left giga product-carousel-content-push-double-top primary-color">Lens Carbon</h5> <div class="product-carousel-content-flex"> <div style="flex: 50%"> <div class="editor primary-color product-carousel-content-push-double-top"> <p>Evaluation of the carbon management value chain</p></div> </div> <div class="product-carousel-content-push-double-top product-carousel-content-image"> <img class="lazyload" data-src="https://www.woodmac.com/siteassets/frontify_media_download/photography/nuclear/_micro/micro_nuclear_gettyimages-1425059173.jpg?w=1920&h=1080&mode=crop&center=0.5,0.5" alt="Nuclear power plant after sunset. Dusk landscape with big chimneys." /> </div> </div> <div class="product-carousel-content-push-double-top"> <a class="btn--secondary" href="/lens/carbon/">Find out more</a> </div> </div> </div> <!--End of slides--> </div> <div class="product-carousel-swiper-action-container push--top"> <div class="swiper-button-next"></div> <div class="swiper-button-prev"></div> </div> </div> </div> <div> </div> </div></div><div> <div class="module" id="relatedproducts"> <div class="wrap"> <h2 class="col small-12 giga title-underline soft--bottom push--bottom" >View our related reports</h2> <div class="clearfix"></div> <div class="js-wall-row js-wall-row--is-ready"> <div class="wrap-flex"> <div class="related related--flexi related--report js-wall-row-item "> <div role="button" tabindex="1" data-wall-target="quickview-542996" class="related__link bg-insight-report store-realted-bg block mono-link js-wall-row-trigger js-related-product" aria-expanded="false" aria-controls="quickview-542996-wrap"> <div class="related__content"> <span class="store_badge">Insight</span> <div class="related__summary store-related-push--top"> <h3 class="alpha store_primary">The Majors: positioning in low-carbon energy</h3> </div> <span class="btn-baseline">Quick view</span> </div> </div> <div class="js-wall-row-child" aria-hidden="true" id="quickview-542996-wrap" tabindex="-1"> <div class="soft-double--ends"> <div class="wrap"> <div class="col small-12 small-medium-7 large-7" id="quickview-542996"> <div class="row"> <div class="col small-12 large-6 push--bottom"> <h3 class="alpha white push--bottom">Summary</h3> <div class="white"> <p class="beta push--bottom"> <div> The Majors have stepped up new energy growth over the last year. In renewable power alone, capacity has jumped by 95% or 40 GW. More investment is flowing into the sector. Growth strategies are diversifying. Find out how each company benchmarks in the latest report in our Corporate New Energy Series, including: • The main strategic moves and relative importance of each technology • The materiality of wind and solar for the leading players • The impact on moves into CCS and clean hydrogen on corporate rankings</div> </p> </div> </div> <div class="col small-12 large-6 push--bottom"> <h3 class="alpha push-half--bottom white">What's included</h3> <p class="push-half--bottom white">This report contains:</p> <ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#ffffff"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg> <p class="white gamma push-quarter--bottom font-regular" >The Majors Positioning In Low Carbon Energy.pdf</p> <p class="white uppercase delta"> <span>PDF</span> <span>1.07 MB</span> </p> </li></ul> </div> </div> </div> <div class="col small-12 small-medium-5 pull-1--large large-4 bg-primary-color-shade--20 soft"> <p class="col small-12 alpha white font-regular push-half--bottom">This report is currently unavailable</p> <a class="btn btn--secondary push-half--bottom" href="/products/research/subscriptions/">Enquire about subscriptions</a> <p class="white"> Already have a subscription? <a class="font-semibold" href="https://identity.woodmac.com/sign-in?goto=https%3A%2F%2Fwww.woodmac.com%2Fmarket-insights%2Ftopics%2Fccus%2F"> Sign In </a> </p> </div> </div> </div> </div> </div> <div class="related related--flexi related--report js-wall-row-item "> <div role="button" tabindex="2" data-wall-target="quickview-446167" class="related__link bg-primary-color-shade--20 store-realted-bg block mono-link js-wall-row-trigger js-related-product" aria-expanded="false" aria-controls="quickview-446167-wrap"> <div class="related__content"> <span class="store_badge">Inform</span> <div class="related__summary store-related-push--top"> <h3 class="alpha store_primary">CCUS northern powerhouse gets another boost as BP announce new infrastructure partnership</h3> </div> <span class="btn-baseline">Quick view</span> </div> </div> <div class="js-wall-row-child" aria-hidden="true" id="quickview-446167-wrap" tabindex="-1"> <div class="soft-double--ends"> <div class="wrap"> <div class="col small-12 small-medium-7 large-7" id="quickview-446167"> <div class="row"> <div class="col small-12 large-6 push--bottom"> <h3 class="alpha white push--bottom">Summary</h3> <div class="white"> <p class="beta push--bottom"> <div> On 26th October, BP announced the formation of the Northern Endurance Partnership (NEP), a partnership aimed at developing CO2 transport and storage infrastructure in the North Sea. The partnership is made up of BP, Eni, Equinor, Shell, Total and National Grid, all of whom have existing interests in CCUS projects in Teesside and/or the Humber. The offshore CO2 infrastructure developed by the partnership will be utilised by the Net Zero Teeside and Zero Carbon Humber projects. This latest partnership shows the northeast of England is fast becoming the UK’s powerhouse for CCUS projects. The focus on transport and storage completes the CCUS value chain and complements the so far capture focused projects in the area. The partners involved certainly have the skills and knowledge to develop offshore infrastructure and will hopefully be able to drive forward the development of the CO2 network the UK needs to achieve its net zero ambitions.</div> </p> </div> </div> <div class="col small-12 large-6 push--bottom"> <h3 class="alpha push-half--bottom white">What's included</h3> <p class="push-half--bottom white">This report contains:</p> <ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#ffffff"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg> <p class="white gamma push-quarter--bottom font-regular" >CCUS northern powerhouse gets another boost as BP announce new infrastructure partnership</p> <p class="white uppercase delta"> <span>PDF</span> <span>929.20 KB</span> </p> </li></ul> </div> </div> </div> <div class="col small-12 small-medium-5 pull-1--large large-4 bg-primary-color-shade--20 soft"> <p class="col small-12 alpha white font-regular push-half--bottom">This report is currently unavailable</p> <a class="btn btn--secondary push-half--bottom" href="/products/research/subscriptions/">Enquire about subscriptions</a> <p class="white"> Already have a subscription? <a class="font-semibold" href="https://identity.woodmac.com/sign-in?goto=https%3A%2F%2Fwww.woodmac.com%2Fmarket-insights%2Ftopics%2Fccus%2F"> Sign In </a> </p> </div> </div> </div> </div> </div> <div class="related related--flexi related--report js-wall-row-item "> <div role="button" tabindex="3" data-wall-target="quickview-504389" class="related__link bg-insight-report store-realted-bg block mono-link js-wall-row-trigger js-related-product" aria-expanded="false" aria-controls="quickview-504389-wrap"> <div class="related__content"> <span class="store_badge">Insight</span> <div class="related__summary store-related-push--top"> <h3 class="alpha store_primary">Canadian carbon capture credentials</h3> </div> <span class="btn-baseline">Quick view</span> </div> </div> <div class="js-wall-row-child" aria-hidden="true" id="quickview-504389-wrap" tabindex="-1"> <div class="soft-double--ends"> <div class="wrap"> <div class="col small-12 small-medium-7 large-7" id="quickview-504389"> <div class="row"> <div class="col small-12 large-6 push--bottom"> <h3 class="alpha white push--bottom">Summary</h3> <div class="white"> <p class="beta push--bottom"> <div> Canada is a leading region in CCSU. Although Canada accounts for only 1.9% of the global CO2e emissions, the country currently holds 14% of the global operating CCUS capacity, and a long pipeline of publicly announced future projects that would see capacity increase significantly by the end of this decade. The learnings from these early stage, innovative, made-in-Canada projects have been adopted globally as industry looks to accelerate CCUS projects worldwide.</div> </p> </div> </div> <div class="col small-12 large-6 push--bottom"> <h3 class="alpha push-half--bottom white">What's included</h3> <p class="push-half--bottom white">This report contains:</p> <ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#ffffff"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg> <p class="white gamma push-quarter--bottom font-regular" >Canadian Carbon Credentials.pdf</p> <p class="white uppercase delta"> <span>PDF</span> <span>1.91 MB</span> </p> </li></ul> </div> </div> </div> <div class="col small-12 small-medium-5 pull-1--large large-4 bg-primary-color-shade--20 soft"> <h3 class="peta white font-light pdp-price-value">$1,050</h3> <p class="white">You can pay by card or invoice</p> <a href="/reports/energy-markets-canadian-carbon-capture-credentials-504389/" class="store-btn store-btn--primary btn--block push-half--bottom" data-tracking-click="eyJldmVudCI6ImRldGFpbCIsImVjb21tZXJjZSI6eyJkZXRhaWwiOnsicHJvZHVjdHMiOlt7Im5hbWUiOiJDYW5hZGlhbiBjYXJib24gY2FwdHVyZSBjcmVkZW50aWFscyIsImlkIjoiMTM3MjAxIiwicHJpY2UiOiIxMDUwLjAwIiwicXVhbnRpdHkiOjF9XX19fQ==" ga4-data-tracking-click="eyJldmVudCI6InZpZXdfaXRlbSIsImVjb21tZXJjZSI6eyJpdGVtcyI6W3siaXRlbV9pZCI6IjEzNzIwMSIsIml0ZW1fbmFtZSI6IkNhbmFkaWFuIGNhcmJvbiBjYXB0dXJlIGNyZWRlbnRpYWxzIiwicHJpY2UiOiIxMDUwLjAwIiwicXVhbnRpdHkiOiIxIn1dfX0="> View more details </a> <a class="btn btn--secondary push-half--bottom" href="/products/research/subscriptions/">Enquire about subscriptions</a> <p class="white"> Already have a subscription? <a class="font-semibold" href="https://identity.woodmac.com/sign-in?goto=https%3A%2F%2Fwww.woodmac.com%2Fmarket-insights%2Ftopics%2Fccus%2F"> Sign In </a> </p> </div> </div> </div> </div> </div> </div> </div> </div> </div></div></div> </main> <footer class="site-footer"> <div class="site-footer__top bg-primary-color soft-double--ends"> <div class="wrap flexbox--medium"> <div class="col small-12 medium-5 large-5 push-1--large"> <p class="tera white font-regular push--bottom">Inspiring natural<br />resources decisions.</p> <h2 class="kilo white font-regular push--bottom">Get valuable updates from our team of experts right into your inbox.</h2> <a href="/nslp/the-inside-track/sign-up/" class="btn btn--primary push-half--top push-bottom--small">Sign up for weekly insights</a> </div> <!-- Three-column links desktop/tablet--> <div class="col small-12 medium-7 large-6 show-for-medium-up"> <div class="flexbox flex__equal-height justify-between white"> <div class="col small-12 medium-4 large-4"> <h2 class="site-footer__col-heading gamma uppercase push--bottom">DISCOVER</h2> <ul> <li class="site-footer__item"> <a href="/industry/power-and-renewables/" title="Power & Renewables" class="site-footer__link gamma white">Power & Renewables</a> </li> <li class="site-footer__item"> <a href="/market-insights/topics/energy-transition/" title="Energy Transition" class="site-footer__link gamma white">Energy Transition</a> </li> <li class="site-footer__item"> <a href="/products/consulting/" title="Consulting" class="site-footer__link gamma white">Consulting</a> </li> <li class="site-footer__item"> <a href="/events/" title="Events" class="site-footer__link gamma white">Events</a> </li> <li class="site-footer__item"> <a href="/store/" title="Reports" class="site-footer__link gamma white">Reports</a> </li> </ul> </div> <div class="col small-12 medium-4 large-4"> <h2 class="site-footer__col-heading gamma uppercase push--bottom">RESOURCES</h2> <ul> <li class="site-footer__item"> <a href="/market-insights/" title="News & Opinion" class="site-footer__link gamma white">News & Opinion</a> </li> <li class="site-footer__item"> <a href="/horizons/" title="Horizons" class="site-footer__link gamma white">Horizons</a> </li> <li class="site-footer__item"> <a href="/profiles/" title="Our Experts" class="site-footer__link gamma white">Our Experts</a> </li> <li class="site-footer__item"> <a target="_blank" href="https://support.woodmac.com/en/" title="Customer support" class="site-footer__link gamma white">Customer support</a> </li> </ul> </div> <div class="col small-12 medium-4 large-4 flush--right"> <h2 class="site-footer__col-heading gamma uppercase push--bottom">ABOUT WOODMAC</h2> <ul> <li class="site-footer__item"> <a href="/about/overview/" title="About us" class="site-footer__link gamma white">About us</a> </li> <li class="site-footer__item"> <a href="/media-centre/" title="Media centre" class="site-footer__link gamma white">Media centre</a> </li> <li class="site-footer__item"> <a href="/careers/" title="Careers" class="site-footer__link gamma white">Careers</a> </li> <li class="site-footer__item"> <a target="_top" href="/about/our-locations/" title="Our locations" class="site-footer__link gamma white">Our locations</a> </li> </ul> </div> </div> </div> <!-- Accordion links mobile --> <div class="col small-12 js-accordion show-for-small-only"> <div class="footer-accordion__wrapper"> <h2> <button aria-expanded="false" class="footer-accordion__trigger js-accordion__trigger relative gamma white uppercase flex align-center font-bold" aria-controls="accordion-section--585b44cf-a578-4349-8bed-1657e9037dbf" id="accordion-button--585b44cf-a578-4349-8bed-1657e9037dbf"> <span>DISCOVER</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#fff" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#a)"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="a"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg> </button> </h2> <div class="footer-accordion__panel" id="accordion-section--585b44cf-a578-4349-8bed-1657e9037dbf" aria-labelledby="accordion-button--585b44cf-a578-4349-8bed-1657e9037dbf"> <ul> <li class="site-footer__item"> <a href="/industry/power-and-renewables/" title="Power & Renewables" class="site-footer__link gamma white">Power & Renewables</a> </li> <li class="site-footer__item"> <a href="/market-insights/topics/energy-transition/" title="Energy Transition" class="site-footer__link gamma white">Energy Transition</a> </li> <li class="site-footer__item"> <a href="/products/consulting/" title="Consulting" class="site-footer__link gamma white">Consulting</a> </li> <li class="site-footer__item"> <a href="/events/" title="Events" class="site-footer__link gamma white">Events</a> </li> <li class="site-footer__item"> <a href="/store/" title="Reports" class="site-footer__link gamma white">Reports</a> </li> </ul> </div> </div> <div class="footer-accordion__wrapper"> <h2> <button aria-expanded="false" class="footer-accordion__trigger js-accordion__trigger relative gamma white uppercase flex align-center font-bold" aria-controls="accordion-section--bae226d4-6d03-48e1-a56d-808acd791f25" id="accordion-button--bae226d4-6d03-48e1-a56d-808acd791f25"> <span>RESOURCES</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#fff" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#a)"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="a"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg> </button> </h2> <div class="footer-accordion__panel" id="accordion-section--bae226d4-6d03-48e1-a56d-808acd791f25" aria-labelledby="accordion-button--bae226d4-6d03-48e1-a56d-808acd791f25"> <ul> <li class="site-footer__item"> <a href="/market-insights/" title="News & Opinion" class="site-footer__link gamma white">News & Opinion</a> </li> <li class="site-footer__item"> <a href="/horizons/" title="Horizons" class="site-footer__link gamma white">Horizons</a> </li> <li class="site-footer__item"> <a href="/profiles/" title="Our Experts" class="site-footer__link gamma white">Our Experts</a> </li> <li class="site-footer__item"> <a target="_blank" href="https://support.woodmac.com/en/" title="Customer support" class="site-footer__link gamma white">Customer support</a> </li> </ul> </div> </div> <div class="footer-accordion__wrapper"> <h2> <button aria-expanded="false" class="footer-accordion__trigger js-accordion__trigger relative gamma white uppercase flex align-center font-bold" aria-controls="accordion-section--778ce7c8-e439-48c4-9c23-38d46defb1b5" id="accordion-button--778ce7c8-e439-48c4-9c23-38d46defb1b5"> <span>ABOUT WOODMAC</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#fff" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#a)"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="a"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg> </button> </h2> <div class="footer-accordion__panel" id="accordion-section--778ce7c8-e439-48c4-9c23-38d46defb1b5" aria-labelledby="accordion-button--778ce7c8-e439-48c4-9c23-38d46defb1b5"> <ul> <li class="site-footer__item"> <a href="/about/overview/" title="About us" class="site-footer__link gamma white">About us</a> </li> <li class="site-footer__item"> <a href="/media-centre/" title="Media centre" class="site-footer__link gamma white">Media centre</a> </li> <li class="site-footer__item"> <a href="/careers/" title="Careers" class="site-footer__link gamma white">Careers</a> </li> <li class="site-footer__item"> <a target="_top" href="/about/our-locations/" title="Our locations" class="site-footer__link gamma white">Our locations</a> </li> </ul> </div> </div> </div> </div> </div> <div class="site-footer__bottom bg-secondary-color soft--ends"> <div class="wrap"> <div class="flexbox--medium justify-between--medium"> <ul class="site-footer__link-list col small-12 medium-10 flexbox flex-wrap"> <li class="site-footer__item"><a class="site-footer__link gamma white" href="/conditions-of-use/">Terms of use</a></li> <li class="site-footer__item"><a class="site-footer__link gamma white" href="/privacy-policy-centre/">Privacy</a></li> <li class="site-footer__item"><a class="site-footer__link gamma white" href="/privacy-policy-centre/compliance/">Policies</a></li> <li class="site-footer__item"><a class="site-footer__link gamma white" href="/cookie-policy/">Cookie policy</a></li> </ul> <ul class="col flexbox push-top--small"> <li class="site-footer__item"> <a class="site-footer__social flexbox" href="https://twitter.com/WoodMackenzie"> <span class="visuallyhidden">Twitter</span> <svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" fill="none" aria-hidden="true" focusable="false"><title>Twitter</title><g clip-path="url(#clip0_1_239)"><path fill="#fff" d="M7.55 21.75c9.055 0 14.008-7.503 14.008-14.008 0-.211-.004-.427-.014-.638A9.999 9.999 0 0 0 24 4.555c-.898.4-1.85.66-2.826.774a4.95 4.95 0 0 0 2.165-2.723A9.897 9.897 0 0 1 20.213 3.8a4.93 4.93 0 0 0-8.394 4.49A13.985 13.985 0 0 1 1.673 3.15a4.93 4.93 0 0 0 1.523 6.57 4.93 4.93 0 0 1-2.23-.614v.06a4.922 4.922 0 0 0 3.95 4.829 4.893 4.893 0 0 1-2.221.084 4.933 4.933 0 0 0 4.597 3.422A9.875 9.875 0 0 1 0 19.538a13.969 13.969 0 0 0 7.55 2.212Z" /></g><defs><clipPath id="clip0_1_239"><path fill="#fff" d="M0 0h24v24H0z" /></clipPath></defs></svg> </a> </li> <li class="site-footer__item"> <a class="site-footer__social flexbox" href="http://www.linkedin.com/company/wood-mackenzie"> <span class="visuallyhidden">LinkedIn</span> <svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" fill="none" aria-hidden="true" focusable="false"><title>LinkedIn</title><g clip-path="url(#clip0_1_238)"><path fill="#fff" d="M22.223 0H1.772C.792 0 0 .773 0 1.73v20.536C0 23.222.792 24 1.772 24h20.451c.98 0 1.777-.778 1.777-1.73V1.73C24 .773 23.203 0 22.223 0ZM7.12 20.452H3.558V8.995H7.12v11.457ZM5.34 7.434a2.064 2.064 0 1 1 0-4.125 2.063 2.063 0 0 1 0 4.125Zm15.112 13.018h-3.558v-5.57c0-1.326-.024-3.037-1.852-3.037-1.851 0-2.133 1.449-2.133 2.944v5.663H9.356V8.995h3.413v1.566h.047c.473-.9 1.636-1.852 3.365-1.852 3.605 0 4.27 2.372 4.27 5.457v6.286Z" /></g><defs><clipPath id="clip0_1_238"><path fill="#fff" d="M0 0h24v24H0z" /></clipPath></defs></svg> </a> </li> <li class="site-footer__item"> <a class="site-footer__social flexbox" href="http://www.facebook.com/Wood.Mackenzie.Global/"> <span class="visuallyhidden">Facebook</span> <svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" fill="none" aria-hidden="true" focusable="false"><g clip-path="url(#clip0_20_950)"><path fill="#fff" d="M24 12c0-6.627-5.373-12-12-12S0 5.373 0 12c0 5.99 4.388 10.954 10.125 11.854V15.47H7.078V12h3.047V9.356c0-3.007 1.792-4.668 4.533-4.668 1.312 0 2.686.234 2.686.234v2.953H15.83c-1.491 0-1.956.925-1.956 1.875V12h3.328l-.532 3.469h-2.796v8.385C19.612 22.954 24 17.99 24 12Z" /></g><defs><clipPath id="clip0_20_950"><path fill="#fff" d="M0 0h24v24H0z" /></clipPath></defs></svg> </a> </li> <li class="site-footer__item"> <a class="site-footer__social flexbox" href="https://www.youtube.com/woodmackenziechannel"> <span class="visuallyhidden">Youtube</span> <svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" fill="none" aria-hidden="true" focusable="false"><title>Youtube</title><path fill="#fff" d="M23.76 7.2s-.233-1.655-.955-2.381c-.914-.956-1.936-.961-2.405-1.017-3.356-.244-8.395-.244-8.395-.244h-.01s-5.039 0-8.395.244c-.469.056-1.49.06-2.405 1.017C.473 5.545.244 7.2.244 7.2S0 9.145 0 11.086v1.819c0 1.94.24 3.886.24 3.886s.233 1.654.95 2.38c.915.957 2.115.924 2.65 1.027 1.92.183 8.16.24 8.16.24s5.044-.01 8.4-.249c.469-.056 1.49-.06 2.405-1.017.722-.727.956-2.381.956-2.381S24 14.85 24 12.905v-1.819c0-1.94-.24-3.886-.24-3.886ZM9.52 15.113V8.367l6.483 3.385-6.483 3.36Z" /></svg> </a> </li> </ul> </div> </div> </div> </footer> <script> window.dataLayer = window.dataLayer || []; var registerClicks = function () { var querySelector = '[ga4-component-tracking]'; var dataSelector = document.querySelectorAll(querySelector); if (dataSelector !== undefined && dataSelector !== null) { for (var i = 0; i < dataSelector.length; ++i) { dataSelector[i].onclick = function () { var ga4ComponentData = this.getAttribute('ga4-component-tracking'); if (ga4ComponentData !== undefined && ga4ComponentData !== null) { ga4ComponentData = window.atob(ga4ComponentData); componentdata = JSON.parse(ga4ComponentData); dataLayer.push(componentdata); } } } } } registerClicks(); </script> <script type="text/javascript" src="https://dl.episerver.net/13.5.10/epi-util/find.js"></script> <script type="text/javascript"> if(FindApi){var api = new FindApi();api.setApplicationUrl('/');api.setServiceApiBaseUrl('/find_v2/');api.processEventFromCurrentUri();api.bindWindowEvents();api.bindAClickEvent();api.sendBufferedEvents();} </script> <script type="text/javascript" src="/content/js/versioned?v=KbxdMAWXjRPHOtdu4XHygDH4lZK5jM_wgCbi6jNyY2Q1" async></script> <!-- TWITTER COOKIES LOADED FROM SOCIAL SCRIPTS --> <script class=" optanon-category-C0004" src="https://platform.twitter.com/widgets.js" type="text/plain"></script> <script> window.socialProps = { absoluteURL: '/market-insights/topics/ccus/', pageTitle: 'Market Insights | What is CCUS?', encodedURL: '%2fmarket-insights%2ftopics%2fccus%2f', encodedTitle: 'Market+Insights+%7c+What+is+CCUS%3f', encodedDescription: 'Explore+the+latest+insights+on+CCUS+(Carbon+Capture%2c+Utilization%2c+%26+Storage)+technologies.+Unlock+the+potential+of+sustainable+solutions+with+Wood+Mackenzie.%0a' }; </script> <script> window.dataLayer = window.dataLayer || []; var registerClicks = function () { var querySelector = '[data-tracking-click],[ga4-data-tracking-click]'; var dataSelector = document.querySelectorAll(querySelector); if (dataSelector !== undefined && dataSelector !== null) { for (var i = 0; i < dataSelector.length; ++i) { dataSelector[i].onclick = function() { var data = this.getAttribute('data-tracking-click'); if (data !== undefined && data !== null) { data = window.atob(data); data = JSON.parse(data); dataLayer.push(data); } var ga4data = this.getAttribute('ga4-data-tracking-click'); if (ga4data !== undefined && ga4data !== null) { ga4data = window.atob(ga4data); ga4data = JSON.parse(ga4data); dataLayer.push(ga4data); } } } } } registerClicks(); </script> <script> var data = {"event":"detail","ecommerce":{"currencyCode":"USD","detail":{"products":[{"name":"Canadian carbon capture credentials","id":"137201","position":0,"price":"1050.00","quantity":1}]}}}; ; dataLayer.push(data); </script> <script> var data = {"event":"view_item","ecommerce":{"currency":"USD","items":[{"item_id":"137201","item_name":"Canadian carbon capture credentials","price":"1050.00","quantity":"1","index":"0","currency":"USD"}]}}; ; dataLayer.push(data); </script> </body> </html>