Assessment of the effectiveness of carbon capture and storage (CCS) technologies in the Russian industrial sector

Abstract

The relevance of the study is due to the increasing role of carbon capture and storage (CCS) technologies in reducing industrial emissions and achieving low-carbon development goals. The aim of the work is a comprehensive assessment of the effectiveness of the implementation of CCS in the Russian industrial sector in the period 2015-2023 in the context of the impact on the dynamics of emissions and environmental indicators. The research methodology is based on a combination of quantitative data analysis (CCS implementation volumes, CO2 emissions dynamics, technology efficiency indicators) and qualitative methods (study of reports, case studies, interviews with experts). The empirical database includes statistical data, corporate and government reports, scientific publications, and field research data. Main results: 1) a steady growth trend in the scale of CCS implementation in Russia has been identified, outpacing the global average; 2) a significant correlation has been established between the use of CCS and a reduction in specific CO2 emissions in key industries; 3) factors limiting the effectiveness of CCS (technological, economic, institutional) have been identified; 4) scenarios for the development of CCS in Russia until 2030 have been developed. The theoretical significance of the study is to increase scientific knowledge about the factors and mechanisms of industrial decarbonization, while the practical significance is to substantiate management decisions to optimize the implementation of CCS. Promising areas of further research are related to analyzing the potential of new generations of CCS technologies, studying the synergetic effects of integrating CCS with other low-carbon solutions.