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Carbon Capture, Utilization, and Storage (CCUS) Toolkit

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Apply Industry Data & Insights to Improve Your CCUS Project Performance

Carbon-intensive industrial sectors are embracing carbon capture, utilization, and storage (CCUS) as a critical means of carbon emissions reduction and removal. However, organizations around the world are finding it difficult to achieve their cost, schedule, and operability goals, given the objectives and trade-offs associated with these highly complex projects. IPA evaluated some of the earliest CCUS projects in the early 2000s, and to date, we have completed project risk evaluations, including cost and schedule benchmarking reviews, on nearly half of the large-scale CCUS projects currently in operation globally. Through research, we have established cost and schedule norms across the core scope elements of CCUS projects, and we use this knowledge to help our clients improve competitiveness and predictability.

CCUS Project Risk Assessment & Benchmarking

Compare your CCUS projects to industry data to understand likely outcomes, potential risks, and areas for improvement.

IPA’s CCUS Project Risk Assessment & Benchmarking covers four distinct scopes of onshore and offshore CCUS projects—carbon capture, compression and dehydration, transport, and utilization/injection. The risk assessment helps project teams answer critical questions about shaping CCUS projects in a complex external project environment, the competitiveness of project targets and risks to successful completion, assessing construction readiness, and understanding key factors that drive project performance. The benchmarking analysis helps project teams understand how their individual project scopes, and the entire asset, compare to actual CCUS projects in IPA’s database. Companies use the data and insights to identify likely outcomes, key issues to address, and readiness for the next stage.

Subsurface Complexity Assessment for CO2 Storage

Understand reservoir complexity for long-term CO2 storage and practices to manage risk.

A Subsurface Complexity Assessment for CO2 Storage compares your project data to similar completed projects in IPA’s database to mitigate the associated risks and uncertainty. This assessment helps project teams understand reservoir complexity and its drivers; adopt industry Best Practices and risk mitigation activities; and identify gaps to address.

Photo representation of IPA's carbon capture and storage project cost norms research study.

CCUS Project Cost & Schedule Norms

Photo representation of IPA's carbon capture and storage project cost norms research study.

Through research, IPA has established cost and schedule norms across the core scope elements of CCUS projects. CCUS owners and investors now have the opportunity to access the data and use the data to establish a baseline for industry performance, understand the competitiveness of opportunities, and identify areas for continuous improvement.

 

 

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Key contact

View Paul Barshop’s profile

Paul Barshop

Global Director, Sustainability

View Adi Akheramka’s profile

Adi Akheramka

Manager, Carbon Management & Sustainability

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