The second quarter of 2025 showcased a notable development in the global carbon capture, utilisation and storage (CCUS) sector, underpinned by robust government support, substantial inflows of investment and technological innovations.

Europe continued to lead the way, boosted by the UK government’s confirmation of £200 million of funding for the Acorn CCS project, as well as a £2.5 billion financial package for Eni’s Liverpool Bay initiative, designed to capture and store 4.5 million tonnes of CO₂ annually. During the quarter, substantial progress was made on infrastructure projects, including Equinor’s CO₂ Highway Europe pipeline, which has an annual capacity of 30 million tonnes, and the expansion of the Northern Lights project in Norway. These developments represented tangible progress in establishing a complete CCS value chain.