We rate each CCUS project with a likelihood index between 0-4 to provide an analysis of risked capacity. A CCUS project's nominal capacity is multiplied by a capacity multiplier based on the assigned likelihood index to generate a risked view of capacity for the project.
The ratings and associated capacity multipliers are as follows
Likelihood index | Definition | Capacity multiplier / % |
0 - Unlikely | Projects that are in countries with no live CCUS policy or support | 0 |
1 - Speculative | Projects typically in the prospect stage of development. Storage projects are yet to obtain relevant licenses/permits and do not have hub users | 30 |
2 - Possible | Projects typically in early development. If storage, then a license has been awarded. Agreements between hubs and hub users are in place or progressing | 50 |
3 - Probable | In FEED (advanced development). If a hub or hub user, agreements between emitter and storage site are known or progressing | 70 |
4 - Operating or Under Construction | Operating or under construction (post-FID) | 100 |