Industrial applications and future developments analysis of Carbon Capture Utilization and Storage (CCUS) technologies

In order to bring carbon dioxide in the environment back to a stable level, relying solely on clean energy will only cure the symptoms but not the root cause. We still have to return to carbon dioxide to trace the root cause. Therefore, carbon capture and storage has become the focus of people's attention. Carbon capture and storage technology is an important component of the global greenhouse gas emission reduction strategy and involves capturing carbon dioxide (CO2) emissions from various industrial processes, power generation and other sources, followed by transportation and safe geological storage. In recent years, with the continuous development of science and technology, a more cost-effective step has been added to the original CCS (Carbon Capture and Storage) process: that is to reuse the captured carbon dioxide and reprocess it or add it to materials. This makes carbon capture more economically efficient and more acceptable to the majority of enterprises. Therefore, this article mainly combines the development of current science and technology and divides CCUS (Carbon Capture Utilization and Storage) into three parts: Carbon Capture (divided into pre-combustion, post combustion capture, direct ocean capture, air capture, etc.), Storage (Depleted Oil and Gas Reservoirs (DOGR), Deep Saline Formations and Enhanced Oil Recovery (EOR) and Utilization (Convert carbon dioxide into commodities rich in economic value for secondary use) to discuss one by one. And a brief overview of the achievements made by all carbon capture and carbon storage companies in the field so far. Finally, the impact of artificial intelligence and algorithms on carbon capture and carbon storage was investigated. It also fully integrates all current technological developments and carbon price trends to predict the future development of CCUS.