Carbon capture, utilization and storage (CCUS) is an important strategic choice to achieve the goal of carbon neutrality. China′s energy and power structure is dominated by coal. The coal power+CCUS technology is an important guarantee to achieve deep decarburization of the power system and flexible and stable power supply. At present, the development of China′s CCUS industry has many problems, such as high barriers, high costs, imperfect policies and regulations, lack of incentive policies, and difficulties in financial financing channels, which limit the large-scale development of coal power CCUS technology. Focusing on the opportunities and challenges faced by the low carbon transformation of the coal power industry, the policies, regulations and successful cases in the field of CCUS in the United States, the European Union, the United Kingdom and other countries and regions were comprehensively analyzed, the successful experience in the construction of the CCUS policy system in developed countries and its enlightenment to China was summarized, the current situation and needs of China′s CCUS policy system were analyzed, the impact of different incentive policies on the transformation of coal-fired power CCUS was studied, and policy recommendations were proposed for the development of coal-fired power CCUS from the perspectives of CCUS positioning, policy incentives, standard specifications, publicity and guidance, etc.  It can provide reference for promoting the development of CCUS industry and achieving the goal of carbon neutrality of coal power.