| Carbon Capture and Sequestration | | | | This report examines the market issues, technological |
| Drivers and Barriers, Technology Issues, Key Industry | | | | issues, and opportunities for players in all phases of the |
| Players, Market Analysis and Forecasts | | | | CCS industry, from capture technology to transport |
| The last five years have seen a burst of activity | | | | and storage. It also provides detailed market forecasts |
| around the prospective carbon capture and | | | | for all the major regions of the world, including costs |
| sequestration (CCS) industry, driven by concerns | | | | and revenues. While it believes that most of the |
| about the effects of CO2 emissions on the Earth’s | | | | targets for CCS deployments between now and 2030 |
| climate. Because emissions from large point sources | | | | are optimistic, the industry will grow, under the most |
| are a primary source of global climate change, CCS is | | | | aggressive scenario, to reach annual revenues of |
| considered a required set of technologies to mitigate, if | | | | $221.5 billion in 2030. |
| not eliminate, the likely rise in the Earth’s | | | | Key questions addressed: |
| temperature. ( ) | | | | * What are the primary drivers of the CCS industry? |
| However, to date, no commercial-scale integrated | | | | * What is the role of governments in establishing the |
| power plant with CCS exists. What’s more, the | | | | necessary conditions for a profitable CCS industry? |
| addition of CCS systems to both existing and future | | | | * What are the key market issues facing companies in |
| power plants will likely add between 50% and 70% to | | | | the CCS industry? |
| the cost of producing electricity. One fundamental | | | | * What are the primary technological issues facing |
| cause of uncertainty for the emerging CCS economy | | | | companies in the CCS industry? |
| is the lack of a clear price for carbon emissions. While | | | | * How large will the CCS industry be in 2030, in terms |
| the obstacles to full-scale implementation of CCS are | | | | of annual revenue? |
| significant, however, there is no doubt that the CCS | | | | Who needs this report? |
| industry will grow rapidly over the next two decades. | | | | |