The world’s largest carbon capture utilisation and storage (CCUS) projects face greater complexity, cost and demand risk and the prospect of delayed final investment decisions, according to a 2026 forecasts report by analyst group Wood Mackenzie.
It expects CO2 Highway Europe (30 mtpa) and Pathways (40 mtpa) to be pushed back to 2027 and Summit Carbon Solutions Cluster (18 mtpa) to be stalled until 2028.
CO2 Highway Europe faces significant offtake risk and final investment depends on emitters’ commitment across Belgium, France and Germany, while Pathways is grappling with weak carbon prices and insufficient incentives, the report states.
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