CCUS offers a promising way to reduce emissions from gas-fired power plants. CCUS is also essential for decarbonizing hard-to-abate sectors such as steel and cement production, where traditional electrification through renewable sources is not feasible.
Despite the growing momentum for CCUS, early-stage projects face challenges, including high upfront costs, public concerns about CO2 storage, and infrastructure development. Combining the right incentives and technologies is critical to overcoming these hurdles.
At Siemens Energy, we are committed to unlocking the market potential of CCUS.
