Utilising carbon dioxide can also help improve the economics of CCUS projects and some uses, such as in cement and aggregate production, can support decarbonisation through permanent sequestration of carbon dioxide. Recent work by Carbon180 states that CCU products could access a multi trillion dollar market. Implementing CCU to manufacture these innovative new low carbon products could contribute to cutting UK emissions, support the development of new carbon capture technologies, create new jobs, investment, and export opportunities.
CCUS technology will experience significant technological advancement, cost reduction and broader application as the CCS industry grows.
This means that there will be opportunities which the UK can exploit as new technologies are developed which could further reduce the cost of CCUS. For example, UK companies such as Carbon Clean Solutions and C-Capture, and the UK invented Allam Cycle are demonstrating that next generation capture technologies offer important cost reduction potential.