Advancing CCUS Technology Act This bill amends the Energy Policy Act of 2005 to direct the Department of Energy (DOE) to carry out research and develop technology to improve the conversion, use, and storage of carbon dioxide from fossil fuels. It also revises the program of research and commercial application for coal and power systems to require DOE, during each fiscal year after FY2017, to identify cost and performance goals for technologies allowing large-scale demonstration and the continued cost-competitive commercial use of coal. DOE must annually evaluate and make recommendations regarding any project it has entered into with a public or private entity to develop carbon capture, utilization, and sequestration technologies. DOE must report to Congress, within two years and every three years thereafter, regarding the project evaluations it has conducted and the progress it has made in advancing carbon capture, utilization, and sequestration technologies.