Developed by global energy consultancy Xodus, in partnership with the Carbon Capture Storage Association (CCSA), the tool will help industry to interact with and analyse the economics of different carbon capture, utilisation and storage (CCUS) options.

This dashboard - which captures economic modelling of the transport and storage of CO2 in Europe (EU-EEA-UK) - means emitters can now assess the cost of transferring their CO2 to any offshore storage site in Europe. At the same time, storage operators will be able to visualise where the demand for their services is located, while policymakers can use the information to define regulatory solutions that support optimisation of infrastructure access   

Developed by an integrated team including advisory experts, energy development specialists and geospatial consultants over the course of 18 months, there is an ambition to add to the dashboard to ensure that it remains live and accurate as the sector matures and costs change.

Olivia Powis, CCSA CEO, said: “A Europe-wide CO₂ market is within reach and it is essential that industry and policymakers have economic modelling, as it can provide important insights into feasibility, risk management, and financial planning for projects and clusters.

“As our report into accelerating a Europe-wide CO2 storage market found, there is an exciting opportunity to cut CO2 storage costs by 20% across Europe and save billions annually if the EU and UK break down policy barriers and make cross-border CO₂ storage happen.

“The future of CCUS in Europe, as well as effective climate action, hinges on deploying CCUS across Europe and this dashboard will be a helpful tool in achieving this.”

The launch of the free to use dashboard follows the publication of the CCSA report ‘Accelerating a Europe-wide CO2 storage market’, which is based on modelling and analysis by Xodus.

Released at the end of 2024, the study found that storage costs could be cut by 20% and billions saved annually if the EU and UK are able to break down barriers to CO2 transport.

The dashboard also builds on Xodus’ ‘Forecasting the North Sea CCUS infrastructure to 2050’ study, which was published in 2023 and found that 100 North Sea storage sites will be needed to meet 2050 CCUS demand.

James Monnington, Global Geospatial Director at Xodus, said: “Xodus has long recognised the importance of adopting integrated, spatial thinking to model and solve real-world problems, championing the use of advanced techniques to provide a holistic perspective and communicate results in an accessible and engaging form.

“We have developed this tool to allow users to interrogate the summary-level model outputs, query input data and deep-dive into the underlying methodology that will underpin Europe’s CO2 storage market.

“It will help emitters, storage operators and policymakers determine the solutions that make the most sense economically and technically and we look forward to seeing the real-world outputs that arise from it.”

Access the dashboard here.