During the post-epidemic era

global economic recovery has become the main topic for every country. China has put forward a clear climate goal of striving to achieve carbon neutrality by 2060. Carbon capture

utilization and storage(CCUS) is widely considered as an essential technology to achieve the climate target of carbon neutrality. Establishing a reasonable business model for CCUS project is a necessary step to promote the large-scale deployment of CCUS in China. By reviewing the business model of international large-scale integrated CCUS projects and national CCUS demonstration projects

it is clear that the business model of CCUS must include the government guidance with a complete set of incentive policy scheme

the support from a developed carbon market

a number of enterprises jointly invest or set up joint venture to reduce the risks

and combined with high added value carbon dioxide utilization technologies. The authors also simulated a million-ton CCUS project in an ultra-supercritial coal-fired plant in Guangdong province as a case study. They use NPV method and @risk software to evaluate the economic benefit and assesse the risks. The results show that

at the current low oil and carbon prices

the high value-added project could still be profitable. With the increase in carbon price caused by the improvement of national emission trading system and the rise in oil price caused by global economic recovery

it is expected to have a positive impact on the economic benefits of CCUS projects. The next ten years will become the key time node of CCUS development.