Marktanalyse - Carbon Capture and Storage - An Answer to Global Carbon Emission Concerns

Carbon Capture and Storage - An Answer to Global Carbon Emission Concerns


Summary


An increasing commitment to emission reduction goals and the current inadequacies of alternative energy sources have driven Carbon Capture and Storage (CCS) deployment. CCS technologies have the potential to capture 90% of carbon dioxide (CO2) emissions from fossil fuel power plants, enabling cleaner coal generation. This new and advanced technology has the capability to retain efficient, affordable coal as a power-generating fuel in a carbon-constrained world. Deployment of CCS technology is among the most effective ways of reducing global carbon emissions despite the challenges it faces. Inadequate government funding, mainly due to the heavy investment costs, storage risks and other uncertainties have put many of the current CCS projects on hold. Public opposition, due to the associated risks and the lack of general awareness relating to this technology has also served as an obstacle to the deployment of CCS. However, despite these hurdles, many CCS projects have so far shown positive results with the potential to capture millions of tons of atmospheric CO2.


Scope

- Need for reduction in global carbon emissions
- Future and current market prospects of CCS projects globally
- Impacts of enhanced CCS technology on global power generation market


Reasons to buy

- Gain insights on the growth potential offered by CCS technology
- Identify key players in the CCS market
- Role of government in advancement towards the CCS market

1 Table of Contents

1 Table of Contents 1

1.1 List of Tables 1

1.2 List of Figures 1

2 Summary 1

3 Carbon Capture and Storage — An Answer to Global Carbon Emission Concerns 1

3.1 CCS - Enabling the Use of Coal Power in Meeting Emission Reduction Goals 2

3.2 Recent Innovations in CCS Technologies Aiding the Attainment of Greenhouse Gas Emission Goals 4

3.3 Intermittent Renewable Energy Fast Tracks the CCS Technology 5

3.4 Government Support for CCS Development in Meeting Global Emission Reduction Targets 6

3.5 Initiatives by Key Players in the Development of CCS Technology 6

3.6 Country Developments and Market Shares for Global CCS Projects 8

3.7 Sources for the Viewpoint 10

4 Appendix 10

4.1 Abbreviations 10

4.2 Methodology 10

4.3 Contact Us 11

4.4 Disclaimer 11





1.1 List of Tables

Table 1: Large Scale CCS Projects in the Operation and Execution Stages 3

Table 2: Planned CCS Power Plant Projects Worldwide 4

Table 3: CCS Projects Worldwide, 2011 8

Table 4: Abbreviations 10





1.2 List of Figures

Figure 1: Power Market, Global, Net Power Generation by Fuel Type (Gigawatt hours, GWh), 2000-2020 6

Figure 2: CCS Projects, Key Players 8

Figure 3: CCS Market, Global, Share of CCS Projects by Region (%), 2011 9

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