Comparison and Clarification of China and US CCUS Technology Development

Abstract

The content of the China-US CCUS technology development roadmap is summarized based on the roadmap update in 2019. Qualitative analysis and evaluation were conducted from the perspectives of running CCUS demonstrations or industrial projects, CO2 pipeline infrastructure, established regulatory frameworks, policy support, research and development capabilities, and geological storage resources. A simple analysis of the development status of carbon capture, storage, and utilization technology through relevant patent data is provided. Future planning by China and the United States in terms of planning volume, investment funds, related industries, transportation methods, geological storage, geological utilization, other utilization methods, and incentive policies is compared. Overall, US CCUS technology development is in the leading position in the world; it has entered the stage of small-scale commercial promotion, while the overall development level of China’s CCUS technology is still behind the international advanced level in a small-scale experimental demonstration period, and is still in the catch-up stage. However, as the Chinese government has put forward the strategy of “carbon peaking and carbon neutralization”, CCUS has ushered in a golden opportunity for development in China, and some large-scale industrial demonstration projects have been carried out. This study analyzes China’s advantages and challenges in developing CCUS and gives some suggestions on the direction that China’s CCUS development should take in the future.