‘Global CCS Expenditure to be Worth $13.70bn in 2011′ Says visiongain Report
By Visiongain, PRNEMonday, November 21, 2011
LONDON, November 22, 2011 -
www.visiongain.com/Report/720/The-Carbon-Capture-Storage-Sequestration-%28CCS%29-Technologies-Market-2012-2022
CCS technology consists of capturing carbon dioxide (CO2) directly from industrial or utility plants and storing it in secure reservoirs, typically depleted oil and gas fields and saline aquifers. CCS is an alternative and convenient technology to eliminate CO2 before it is released in the atmosphere. It is one of the most innovative clean energy markets which will experience stable growth rates in the next ten years. Reduction in CO2 emission has received global attention in the past few years because of accelerating climate change issues. Visiongain’s The Carbon Capture & Storage / Sequestration (CCS) Technologies Market 2012-2022 report calculates the global CCS expenditure to be worth $13.70bn in 2011.
The growth in overall spending on CCS will depend on the legislation adopted by the governments worldwide and the amount of investment directed into the CCS projects. Demand for energy is expected to rise significantly during the forecast period 2012-2022, requiring an installation of large coal-fired power plants infrastructure in the developing countries.
Though the industry will be faced with the restraints of proving the CCS technology on a large-scale, overcoming environmental concerns, lack of legislative support and confronting a weak global economy, the CCS market is likely to provide substantial opportunities for potential investors. This report offers an examination of the CCS market over the next decade, providing detailed market forecasts for each of the national markets and offering in-depth analysis of the opportunities and challenges facing companies in the CCS market throughout the world.
The report also describes the most important technological changes within the CCS industry and assesses their importance for the growth of the market over the long-term. The various drivers and restraints of the market are evaluated in order to provide readers with specific insights into the future direction of the CCS market.
Visiongain’s The Carbon Capture & Storage / Sequestration (CCS) Technologies Market 2012-2022 report details the prospects for this dynamic energy sector with detailed forecasts from 2012-2022. The report will be valuable to those already involved in the CCS market or to those wishing to enter this important market in the future. The Carbon Capture & Storage / Sequestration (CCS) Technologies Market 2012-2022 report includes 101 tables, charts and graphs quantifying and forecasting the market in detail, and provides information on the 11 leading national markets along with the market for the rest of the world. In addition, the report offers profiles of 26 of the leading companies involved in the CCS business and contains 3 exclusive expert interviews from CCS companies that provide their insight into the CCS market.
To see sample pages please click on :
www.visiongain.com/Report/720/The-Carbon-Capture-Storage-Sequestration-%28CCS%29-Technologies-Market-2012-2022
Table of Contents
1. Executive Summary
1.1The Carbon Capture and Storage/Sequestration (CCS) Market Overview
1.1 Drivers and Restraints of the Carbon Capture and Storage/Sequestration (CCS) Market
1.2 Drivers in the Carbon Capture and Storage/Sequestration (CCS) Market
1.3 Restraints in the Carbon Capture and Storage/Sequestration (CCS) Market
1.5 Highlights of the Report
1.6 Benefits of the Report
1.7 Methodology
1.8 The Global Carbon Capture and Storage/Sequestration (CCS) Market Forecast 2012-2022
1.9 The Leading National Carbon Capture and Storage/Sequestration (CCS) Market Forecasts 2011-2021
1.10 Incentives That Can Lead to Proliferation of Carbon Capture Storage / Sequestration (CCS)
2. Introduction to the Carbon Capture and Storage/Sequestration (CCS) Market
2.1 Carbon Capture
2.1.1 Pre-combustion Capture
2.1.2 Post-combustion Capture
2.1.3 Oxyfuel Combustion
2.2 Carbon Transportation
2.3 Carbon Storage
2.3.1 Storage in Depleting Oil and Gas Fields
2.3.2 Storage in Deep Saline Aquifers
2.3.3 Storage in Unminable Coal Seams
2.4 Carbon Dioxide Enhanced Oil Recovery
2.5 Algae Based Carbon Capture
3. The Global Carbon Capture and Storage/Sequestration (CCS) Market 2012-2022
3.1 The Global Carbon Capture and Storage/Sequestration (CCS) Market Forecast 2012-2022
3.1 Drivers of the Carbon Capture and Storage/Sequestration (CCS) Market
3.1.1 Use of Carbon Capture and Storage/Sequestration in Enhanced Oil Recovery
3.1.2 Carbon Tax and Cap and Trade Mechanism are Stimulating the Growth of the CCS Market
3.1.3 Political Will to Support CCS Projects
3.2 Restraints of the Carbon Capture and Storage/Sequestration (CCS) Market
3.2.1 Inadequate Carbon Capture and Storage/Sequestration (CCS) Policies
3.2.2 Negative Public Perception of Carbon Capture and Storage/Sequestration (CCS)
3.2.3 High Cost of Carbon Capture and Storage/Sequestration (CCS) Projects
4. Leading National Carbon Capture and Storage/Sequestration (CCS) Market 2012-2022
4.1 The US Carbon Capture and Storage/Sequestration (CCS) Market Forecast 2012-2022
4.1.1 The US Carbon Capture and Storage/Sequestration (CCS) Market Analysis
4.2 The Canadian Carbon Capture and Storage/Sequestration (CCS) Market Forecast 2012-2022
4.2.2 The Canadian Carbon Capture and Storage/Sequestration (CCS) Market Analysis
4.3 The UK Carbon Capture and Storage/Sequestration (CCS) Market Forecast 2012-2022
4.3.1The UK Carbon Capture and Storage/Sequestration (CCS) Market Analysis
4.4 The Australian Carbon Capture and Storage/Sequestration (CCS) Market Forecast 2012-2022
4.4.1 The Australian Carbon Capture and Storage/Sequestration (CCS) Market Analysis
4.5 The Norwegian Carbon Capture and Storage (CCS) Market Forecast 2012-2022
4.5.1 The Norwegian Carbon Capture and Storage/Sequestration (CCS) Market Analysis
4.6 The Chinese Carbon Capture and Storage/Sequestration (CCS) Market Forecast 2012-2022
4.6.1 The Chinese Carbon Capture and Storage/Sequestration (CCS) Market Analysis
4.7 The German Carbon Capture and Storage/Sequestration (CCS) Market Forecast 2012-2022
4.7.1 The German Carbon Capture and Storage/Sequestration (CCS) Market Analysis
4.8 Brazilian Carbon Capture and Storage/Sequestration (CCS) Market Forecast 2012-2022
4.8.1 The Brazilian Carbon Capture and Storage/Sequestration Market Analysis
4.9 The UAE Carbon Capture and Storage/Sequestration (CCS) Market Forecast 2012-2022
4.9.1 The UAE Carbon Capture and Storage/Sequestration (CCS) Market Analysis
4.10 The Netherlands Carbon Capture and Storage/Sequestration Market 2012-2022
4.10.1The Netherlands Carbon Capture and Storage/Sequestration Market Analysis
4.11 The Indian Carbon Capture and Storage/Sequestration (CCS) Market Forecast 2012-2022
4.11.1 The Indian Carbon Capture and Storage/Sequestration (CCS) Market Analysis
4.12 The Rest of the World Carbon Capture and Storage/Sequestration (CCS) Market Forecast 2012-2022
4.12.1 Spanish Carbon Capture and Storage/Sequestration (CCS) Market Analysis
4.12.2 Italian Carbon Capture and Storage/Sequestration (CCS) Market Analysis
4.12.3 French Carbon Capture and Storage/Sequestration (CCS) Market Analysis
4.12.4 Polish Carbon Capture and Storage/Sequestration (CCS) Market Analysis
4.12.5 Japanese Carbon Capture and Storage (CCS) Market Analysis
4.12.6 Algerian Carbon Capture and Storage/Sequestration (CCS) Market Analysis
4.12.7 Korean Carbon Capture and Storage/Sequestration (CCS) Market Analysis
4.12.8 South African Carbon Capture and Storage/Sequestration (CCS) Market Analysis
5. SWOT Analysis of the Carbon Capture and Storage/Sequestration (CCS) Market 2012-2022
5.1 Strengths
5.1.1 Effective Way of Reducing GHG Emissions
5.1.2 CO2 Can be Beneficial for Use in EOR
5.2 Weaknesses
5.2.1 Large Scale Feasibility
5.2.2 High Associated Costs of Carbon Capture and Storage / Sequestration (CCS)
5.3 Opportunities
5.3.1 Global Push Towards Climate Change Policies
5.3.2 Imposing the Carbon Tax or Cap and Trade Would Make CCS Projects More Profitable
5.3.3 Inclusion of Carbon Capture and Storage/Sequestration (CCS) in the Clean Development Mechanism (CDM)
5.4 Threats
5.4.1 Japan’s Opposition to the Kyoto Protocol Could Be a Setback for Global CO2 Reduction Targets
5.4.2 Policy and Public Relations
5.4.3 Lack of Involvement of Developing Countries in Environmental Issues
6. Expert Opinion
6.1 HTC Purenergy
6.1.1 Drivers and Restraints of the Carbon Capture and Storage/Sequestration (CCS) Market
6.1.2 Countries Experiencing Growth in the Carbon Capture and Storage/Sequestration (CCS) Market
6.1.3 Technological Innovation That Will Affect the Carbon Capture and Storage/Sequestration (CCS) Market in the Next 10 Years
6.1.4 Future Legislation in the Carbon Capture and Storage/Sequestration (CCS) Market
6.1.5 Carbon Capture and Storage/Sequestration (CCS) in the Developing Countries
6.1.6 Growth Rate in the Overall Carbon Capture and Storage/Sequestration (CCS) Spending
6.2 Carbon Sequestration Limited (CSL)
6.2.1 Drivers and Restraints of the Carbon Capture and Storage/Sequestration (CCS) Market
6.2.2 Countries Experiencing Growth in the Carbon Capture and Storage/Sequestration (CCS) Market
6.2.3 Technological Innovation Within the Carbon Capture and Storage/Sequestration (CCS) Market
6.2.4 Future Legislation in the Carbon Capture and Storage/Sequestration (CCS) Market
6.2.5 The Carbon Capture and Storage/Sequestration (CSS) Proliferation in the Developing Countries
6.3 The CCS Technology Supplier
6.3.1 Drivers and Restraints of the Carbon Capture and Storage/Sequestration (CSS) Market
6.3.2 Countries Experiencing Growth in Carbon Capture and Storage/Sequestration (CCS) Market
6.3.3 New Technological Developments in the Carbon Capture and Storage (CCS) Market
6.3.4 Growth Rates in the Carbon Capture and Storage/Sequestration (CCS) Market in the Next 10 Years
6.3.5 Future Legislation in the Carbon Capture and Storage/Sequestration (CCS) Market
6.3.6 Carbon Capture and Storage/Sequestration (CCS) Proliferation in the Developing Countries
7. Leading Companies in the Carbon Capture and Storage/Sequestration (CCS) Market
7.1 Aker Clean Carbon
7. 2 Alstom
7. 3 Archer Daniels Midland (ADM) Company
7.4 BP
7.5 Chevron
7.6 Dong Energy
7.7 ENEL
7.8 ExxonMobil
7.9 GDF Suez
7.10 GE Energy
7.11 Halliburton
7.12 HTC Purenergy
7.13 Inventys Thermal Technologies (Inventys)
7.14 Japan CCS Company Limited
7.15 Maersk Oil
7.16 Petrofac
7.17 Royal Dutch Shell
7.18 Sargas
7.19 Schlumberger
7.20 ScottishPower
7.21 Siemens
7.22 SNC-Lavalin Group Inc.
7.23 Statoil
7.24 Total
7.25 TransAlta Corporation
7.26 Vattenfall
8. Conclusions
8.1 Outlook for the Global Carbon Capture and Storage/Sequestration (CCS) Market 2012-2022
8.2 Moderate to High Growth in the Carbon Capture and Storage/Sequestration (CCS) Markets
8.3 Low to Moderate Growth in the Carbon Capture and Storage/Sequestration (CCS) Markets
8.4 The Carbon Capture and Storage/Sequestration (CCS) Market Summary
9. Glossary
Companies Listed
2Co Energy
Abu Dhabi Future Energy Company (Masdar)
AFC Energy
Agrium Inc.
Air Liquide
Air Products
Aker
Aker Clean Carbon
Aker Solutions
Allied Syngas Corporation
Alstom UK
Amec
American Clean Coal Fuels
American Electric Power (AEP)
Anadarko Petroleum Corporation
Apache Corporation Canada
ArcelorMittal
Archer Daniels Midland Company (ADM)
AspenTech
Aviva Corporation Ltd
Ayrshire Power
Baker Hughes Inc
BASF
Bow City Power Ltd
BP
BP Alternative Energy
Brown Coal Innovation Australia Limited
Browse Joint Venture
C.Gen
Cambridge Carbon Capture
Capital Power Corporation
Carbon Capture Corporation
Carbon Sequestration Limited (CSL)
CCS TLM
Cenovus Energy
CEPAC Ltd
Chaparral Energy
Chevron Australia
Chevron Corporation
ChevronTexaco
Chubu Electric Power
CO2DeepStore Limited
ConocoPhillips
Coolimba Power Pty Ltd
CVR Energy
Daewoo Shipbuilding & Marine Engineering (DSME)
Datang Corporation
Denbury Resources
DKRW Advanced Fuels
DLR
Dong Energy
Dongguan Taiyangzhou Power Corporation
Doosan Power Systems
Dow Chemical
Drax Power
E.ON
E.ON Benelux
Electabel
EmberClear Corporation
Emirates Aluminium
Emirates Steel Industries
Enbridge Inc
Endesa
Enel
Enhance Energy Inc
Enhanced Oil Resources
Eni
ERORA Group
Essent
ExxonMobil
Fluor Corporation
Fortum
Foster Wheeler
FutureGen Alliance
Gassnova
GDF Suez
GDF Suez E&P Norge AS
GE Energy
GE Oil & Gas
GE Power & Water
General Electric (GE)
Getica CCS Project Company
GPC Quimica
Great Northern Power Development
GreenGen Tianjin IGCC Company Ltd
Halliburton
Hess Norge
Hitachi
HTC Purenergy
Husky Energy
Iberdrola
Indian Farmers Fertiliser Co-Operative Ltd.
Indo Gulf Fertilisers
Inventys Thermal Technologies (Inventys)
Jade Commodities Limited
Japan CCS Company Limited
Japan Petroleum Exploration (JAPEX)
Kinder Morgan
Koch Nitrogen Company
Korean Electric Power Corporation (KEPCO)
KSB
Leucadia Corporation
Leucadia Energy LLC
Lianyungang Clean Energy Innovation Industrial Park Ltd.
Maersk Oil
Maersk Tankers
Masdar
Masdar Clean Tech Fund
MBD Energy Ltd.
Medicine Bow Fuel and Power LLC
Mississippi Power
Mitsubishi Heavy Industries
National Grid
National Grid Carbon
National Thermal Power Corporation (NTPC)
Norcem
Norsk Hydro
North West Upgrading Inc
nPower
Nuon
Occidental Petroleum Corporation
Osaka Gas
Peabody Energy Group
Peel Energy
PEMEX
Petoro
Petrobras
PGE Elektrownia Be?chatów S.A. (PGE EBSA)
Power Generation Company
Progressive Energy
Providence Resources
PSN
Ravensdown
Rentech
Rio Tinto
Royal Dutch Shell
RWE- Essent
RWE Group
RWE npower
Sandridge Energy
Santos Limited
Sargas
SaskPower
Schlumberger
Schlumberger Carbon Services
Scottish and Southern Energy
ScottishPower
SCS Energy LLC
Senergy Alternative Energy
SEQ International BV
Shell
Shell Canada
Shell UK
Shenhua Group
Siemens
Sinopec
Sinopec Shengli Oil Field
SINTEF Energi
SNC-Lavalin Constructors Inc
SNC-Lavalin Group Inc.
Solid Energy Pty Ltd
Sonatrach
Southern Company
Spectra Energy
Spectra Energy Inc.
Stanwell Corporation
Statoil
Sulzer
Summit Power Group
Swan Hills Synfuels
Tel-Tek
Tenaska
Tenaska Taylorville LLC
Teollisuuden Voima (TVO)
The Midwest Geological Sequestration Consortium (MGSC)
The Ultra-Low-CO2-Steel (ULCOS)
Tokyo Gas
Toshiba Corporation
Total
Total E&P Norge AS
TransAlta Corporation
Transport Canada
ULCOS (Ultra-Low-CO2-Steel) consortium
Vattenfall
Woodside Energy Ltd
Xstrata Coal Queensland
Yellow Wood Energy
Government Agencies and Other Organisations Mentioned in this Report
Alberta Department of Environment
Alberta Energy Resources Conservation Board
Australian Centre for Renewable Energy
Australian Department of Mines & Petroleum
Australian Department of Primary Industries
Brazilian Coal Association (BCA)
Brazilian Ministry of Science and Technology
Bundesrat
Bundestag
Bureau de Recherches Géologiques et Minières
Bureau of Economic Geology at the University of Texas at Austin
Canadian Ministry of Energy and Resources
Canberra Institute of Technology
Centre of Excellence in Research on Carbon Storage (CEPAC)
Chinese Academy of Sciences (CAS)
Chinese National Basic Research Program
Clean Coal Task Group (CCTG)
Clean Energy Commercialization Center (CECC)
CO2 Technology Centre (TCM)
Committee on Climate Change (CCC)
Commonwealth Scientific and Industrial Research Organization (CSIRO)
Cooperative Research Centre for Greenhouse Gas Technologies (CO2CRC)
Council for Geosciences
Department of Science and Technology (DST)
Eco Energy CCS Task Force
Energy and Carbon Research Centre
Energy Resources Conservation Board (ERCB)
Environmental Protection Authority (EPA)
Forest Absorbing Carbon Emissions (FACE) Foundation
French Environment and Energy Management Agency (ADEME)
German Research Centre for Geosciences (GFZ)
Global Carbon Capture and Storage Institute Australia
Global CCS Institute
Green Climate Fund
Huaneng Clean Energy Research Institute (CERI)
Illinois State Geological Survey (ISGS)
International Energy Agency (IEA)
International Performance Assessment Centre (IPAC-CO2)
Ministry of Economy, Trade and Industry (METI)
Montana State University
National Carbon Capture Centre (NCCC)
Netherlands Ministry of Economic Affairs, Agriculture and Innovation
New Energy and Industrial Technology Development Organization (NEDO)
Norwegian Ministry of Environment
Norwegian Oil and Gas Ministry
Organization for Economic Cooperation and Development (OECD)
Petroleum Technology Research Centre (PTRC)
Pontifical Catholic University of Rio Grande
South African Centre for Carbon Capture and Storage (SACCCS)
The University of Wyoming Carbon Management Institute (CMI)
Thermal Power Research Institute (TPRI)
UK Department of Energy and Climate Change
United Nations (UN)
University’s of Sheffield
US Congress
US Department of Energy (DoE)
US Department of Energy’s Office of Fossil Fuels
US Environmental Protection Agency (EPA)
Zero Emission Platform (ZEP)
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44(0)207-336-6100
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Web: www.visiongain.com
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Tags: London, November 22, United Kingdom, Visiongain