CCUS at the crossroads: Five takeaways from Gastech
Government support, cost reductions and public trust among the prerequisites for the successful scale-up of CCUS, industry executives tell the Gastech 2025 event in Milan
Speaking at Gastech 2025, senior executives from BP, Norway’s Equinor, French technology company Technip Energies, EPC company Bechtel and the venture and growth capital firm Climate Investment outlined what it will take to move CCUS from vision to reality. Here, we highlight their key points. 1. Government support is critical All panellists stressed that regulation and state backing remain indispensable. “The only reason we are where we are is because the government coordinated and sponsored the entire value chain,” said Grete Tveit, SVP of low-carbon solutions marketing, midstream & processing, at Equinor, pointing to Norway’s Northern Lights offshore storage project, which received it
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