CO2 utilization technologies can not only provide a pathway to reduce greenhouse gas emissions but may also enable renewable energy to be incorporated into important materials used in the society such as fuel and chemicals. Power to gas (PtG) technologies, especially Power to methane has been deemed as one of the promising pathways for the conversion of CO2 into valuable gaseous fuel. Many reports have reviewed the academic literature related to CO2 methanation. While the benefits of high temperature methanation for overall process efficiency are well understood, the potential for low-temperature methanation is less understood. In particular the opportunities that arise from coupling a low-temperature methanation process with low temperature hydrogen production technologies, such as PEM electrolysis, have received little attention. It is therefore considered valuable to provide a critical review of the state of the art of this technology at low temperature conditions for the interests of broader research community. In this paper we focus on the recent work around low temperature CO2 methanation including reaction thermodynamics and kinetics, catalyst materials including supports and promoters, and suitable reactor technologies. We discuss each of these critical aspects of the technology and identify key challenges and opportunities for low temperature CO2 methanation (methanation conducted at temperatures less than 300 degrees C). As part of this paper, we also present the results of an ASPEN Plus simulation study based on data available from the literature to highlight the potential energy efficiency gains of a low temperature methanation process.