Carbon Capture and Storage-as-a-service

Carbon Capture and Storage (CCS) is a crucial solution to reach net-zero emissions, but its widespread deployment faces significant hurdles like high capital costs, complex infrastructure, and uncertainties around liability and regulation.

This business brief, developed in collaboration with ERM, introduces CCS-as-a-service (CCSaaS). This transformative approach to CCS reimagines the technology’s deployment through a flexible, service-based model that unbundles the value chain and enables specialized third-party providers to offer capture, transport, and storage services.

This brief is a must-read for businesses, investors, and policymakers exploring CCS as a decarbonization pathway. It offers valuable insights into overcoming key deployment challenges.

What you will learn:

• Understand how service agreements can help address the high costs, uncertain liabilities, and limited expertise that hinder traditional CCS deployment.
• Explore a range of potential CCS-as-a-service agreements, including commercial arrangements like pay-per-metric-ton, long-term contracts, cost-plus, revenue sharing, subscription, and performance-based models.
• Discover various liability transfer mechanisms such as flow-through clauses, insurance requirements, limitation of liability, indemnification clauses, and third-party transfers that can help allocate responsibilities and risks.
• Gain insights into the Greenhouse Gas (GHG) accounting implications under the current GHG Protocol and considerations for CCS-as-a-service.
• See how illustrative scenarios demonstrate opportunities for industrial emitters across different sectors and geographies to access CCS infrastructure through CCS-as-a-service.

To fully benefit from this model, businesses should engage early with service providers and explore the right mix of contractual, financial, and policy levers.

Read to consider how collaborative, service-driven models can play a vital role in shaping a low-carbon industrial future.