GLOBAL HIGHLIGHTS MAP
Upcoming CCUS Projects
Carbon capture , utilisation , and storage ( CCUS ) is poised to play a pivotal role in global decarbonisation efforts , with operational capacity expected to surge from 94 million tonnes per annum ( Mtpa ) to 120 Mtpa , marking the largest annual increase to date . This growth is driven by the technology ’ s versatility across industries such as power generation , steel , petrochemicals , cement , hydrogen production , and oil and gas , making it a critical tool for achieving a 2 ° C or lower climate pathway . The valve industry is integral to this expansion , as valves are essential components in CCUS systems , regulating the flow , pressure , and containment of CO2 throughout the capture , transport , and storage processes . Their reliability and efficiency are critical to ensuring the safety and effectiveness of CCUS operations . However , the sector stands at a crossroads , with over 200 projects aiming for final investment decisions ( FIDs ) in 2024 , potentially unlocking 500 Mtpa of the 2 billion tonnes per annum ( Btpa ) of planned capacity . While optimism is high , the focus must shift from proposals to execution , as smooth project delivery and cost management will be crucial for scaling CCUS . Government support , including subsidies , tax credits , and contracts for difference , remains essential , particularly as capital intensity and insufficient policy frameworks pose significant challenges . With energy security and fossil fuel dependence persisting , CCUS ’ s success in 2025 could set the stage for long-term growth , but economic headwinds and political uncertainties in key regions like the US , UK , and Canada may impact progress . 1 Follow Valve World Americas to take a look at what is on the horizon for Carbon Capture , Utilisation , and Storage .
By KCI Editorial
CLASS VI WELL PERMITTING APPROVAL , WEST VIRGINIA , US
Officials in West Virginia have announced that the Environmental Protection Agency ( EPA ) has granted West Virginia the authority to oversee and administer the Class VI well program in the state , which is more commonly known as Class VI “ primacy .” Class VI primacy gives the state authority to oversee the permitting and regulation of Class VI wells , which are used to inject carbon dioxide deep underground for long-term storage , a vital component of carbon capture and storage technology . These wells are essential for capturing and storing captured CO2 emissions underground , a crucial technology for combating climate change . They are designed to inject carbon dioxide ( CO 2
) into deep rock formations and serve as critical infrastructure for deploying carbon capture , utilization , and storage ( CCUS ) projects . West Virginia becomes just the fourth state in the country to achieve this milestone . . 2
NORTHERN LIGHTS : THE FIRST MAJOR CARBON CAPTURE AND STORAGE PROJECT IN NORWAY
Northern Lights is the first project in the world allowing industrial companies to transport and sequester their CO 2 emissions . The project is owned in equal shares by TotalEnergies , Equinor and Shell . Operational since September 2024 , the Phase 1 installations can store to 1.5 million tons of CO 2 per year . TotalEnergies is aiming to develop a CO 2 storage capacity ( CCS ) of more than 10 million tons by 2030 , both for its own facilities and for its customers . Europe has a central role to play in the Company ’ s CCS strategy , especially the North Sea where the Company can harness its status as a long-standing operator as well as its recognized operational and geological skills . Together with Equinor and Shell , we are developing Northern Lights , the first large-scale CO 2 transport and storage project off the
Norwegian coast . Approved by the Norwegian government in 2020 and designated as a Project of Common Interest ( PIC ( 1 ) ) by the European Union , Northern Lights aims to transport , receive and store CO 2 in geological layers buried at approximately 2,600 meters below the seabed in the Northern North Sea . The goal is to help European industrial companies reduce their CO 2 emissions .
Northern Lights can receive and store CO 2 since September 2024 . It offers a safe and reliable shipping and storage service to industrial emitters across Europe , with a storage capacity of 1.5 million tons of CO 2 per year during Phase 1 of the project . In response to growing interest in these services from several industrial sectors , additional shipping and storage capacities up to 5 million tons per year will be developed as demand increases . 4
20 Valve World Americas | February 2025 • www . valve-world-americas . net