Wednesday, October 14, 2026

Tech InsightsEnergy Transition

Early warning beats perfect hindsight: Why CCUS needs a new approach to risk management

October 14, 2026

Carbon Capture Utilisation and Storage (CCUS) is transitioning from isolated demonstration projects to basin-scale storage developments involving multiple operators, shared reservoirs, and increasingly complex regulatory and commercial frameworks. Traditionally, storage site assessment has revolved around three fundamental criteria: capacity, injectivity, and containment. While these remain necessary conditions for successful storage, they may no longer be sufficient. As CCUS scales, stakeholders increasingly require confidence not only that storage systems will perform as predicted, but that deviations from expected performance can be detected and managed before material consequences emerge.


This paper argues that CCUS risk management should evolve from a philosophy centred on periodic verification towards one based on continuous assurance. Drawing upon concepts established within insurance engineering and industrial risk management, the paper introduces monitorability as a fourth pillar of storage project assessment. It proposes that the ability to identify leading indicators of changing reservoir behaviour may become as important as the ability to model reservoir behaviour itself. Attention is given to basin-scale pressure communication, conformance monitoring, and the distinction between leading and lagging indicators in CCUS operations.