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Carbon Capture, Utilization & Storage Technologies

Carbon Capture, Utilization & Storage Technologies

The yearly and cumulative investment spending by separation technology was$ 6.8 billion in 2014. It is estimated that the spending will be $6.8 billion in 2015 and $1 billion in 2019, with a compound annual growth rate (CAGR) of -32%.

This report provides:

An overview of the global market for carbon capture and storage, and related technologies and applications.

Analyses of global market trends, with data from 2014, estimates for 2015, and projections of compound annual growth rates (CAGRs) through 2019.

Information on the status of competing carbon capture technologies as well as global technological research and development (R&D) for carbon capture technologies

Analysis of the costs to the purchasers of carbon capture equipment, and also analysis of the impact to the consumer

Insight into what technologies are emerging that could compete with existing technologies in use or displace those technologies

An in-depth patent analysis

Comprehensive profiles of major players in the industry and how these companies are positioning their technology to compete against other technologies.


SCOPE OF REPORT

This report focuses on projects for the deployment of carbon capture, storage and utilization (CCUS) technologies and the short- or long-term sequestration of anthropogenic emissions that would otherwise be emitted from large point sources such as power stations or industrial facilities.

The report will analyze the three major routes which have been developed for capture of CO2 in both power and industrial plants—pre-combustion, oxy-fuel combustion, and post-combustion—as well as the capabilities of inherent separation processes. For each, the report presents the applications, underlying technologies, economic driving forces and major ongoing projects.

The report also includes a review of the current and emerging uses of CO2, including a description of the underlying technologies and their potential.

As CCUS development depends heavily on current climate policies, the report also reviews recent developments in emissions regulation and development support programs that may impact CCUS deployment in a number of countries.

Major market and market segments are measured and forecasted for several years, including 2014, and five-year forecasts are made to 2019 in most cases.

While traditional uses of CO2 are mentioned, the report focuses on emerging uses that could offer opportunities to increase CO2 utilization and therefore its sequestration.

The report does not consider captive uses for CO2 where the CO2 is an intermediate product in the process. Captive uses may be mentioned but are not included in our estimates because these processes do not offer additional demand for captured CO2 in the future. Capture of atmospheric CO2 is also not included in the report.

CHAPTER 1 INTRODUCTION
STUDY GOALS AND OBJECTIVES
REASONS FOR DOING THE STUDY
SCOPE OF REPORT
METHODOLOGY
INTENDED AUDIENCE
INFORMATION SOURCES
ANALYST'S CREDENTIALS
RELATED BCC RESEARCH REPORTS
BCC RESEARCH WEBSITE
DISCLAIMER
CHAPTER 2 SUMMARY
SUMMARY TABLE YEARLY AND CUMULATIVE INVESTMENT SPENDING, BY SEPARATION TECHNOLOGY, THROUGH 2019 ($ BILLIONS)
SUMMARY FIGURE YEARLY AND CUMULATIVE INVESTMENT SPENDING, BY SEPARATION TECHNOLOGY, 2014-2019 ($ BILLIONS)
CHAPTER 3 OVERVIEW
CLIMATE POLICIES AND REGULATION
TABLE 1 CO2 EMISSIONS BY REGION, THROUGH 2019 (BILLION TONS)
TABLE 2 GHG REDUCTION TARGETS 2020 BY COUNTRY/ REGION
KYOTO AGREEMENT
CARBON PRICING
TABLE 3 CARBON PRICE BY COUNTRY ($ PER TON OF CO2)
CO2 USE VERSUS CO2 STORAGE
CO2 MERCHANT MARKET
TABLE 4 MERCHANT CO2 DEMAND (INCLUDING EOR) BY END USE (%)
EMERGING USES AND CO2 UTILIZATION
CO2 STORAGE
TECHNOLOGIES EXAMINED
POST-COMBUSTION CAPTURE SYSTEMS
PRE-COMBUSTION CAPTURE SYSTEMS
OXY-FUEL COMBUSTION SYSTEMS
INHERENT SEPARATION
CO2 CAPTURE TECHNOLOGIES
TABLE 5 OVERVIEW CAPTURE OPTIONS BY SEPARATION TECHNOLOGY
Absorption
FIGURE 1 DEVELOPMENT STATUS OF SOLVENT ABSORPTION
TECHNOLOGIES FOR CO2 CAPTURE
Adsorption
FIGURE 2 DEVELOPMENT STATUS OF GAS ADSORPTION
TECHNOLOGIES FOR CO2 CAPTURE
Membranes
FIGURE 3 DEVELOPMENT STATUS OF MEMBRANE TECHNOLOGIES FOR CO2 CAPTURE
Chemical Looping
Cryogenic Separation
CO2 CONVERSION TECHNOLOGIES
Photochemical Reduction
Electrochemical Reduction (ERC)
CO2 Hydrogenation
Biological Conversion
CHALLENGES AND OPPORTUNITIES
TECHNOLOGICAL ADVANCES NEEDED
POLICY INCENTIVES AND SUPPORT
Strong, Sustainable Emissions Reduction Policies
CCS Regulation Uncertainties to be Addressed
R&D Programs
Efforts Towards Increase of Public Understanding and Acceptance of CCS
technology
Transport and Storage Infrastructure
BECCS
PRODUCT AND REVENUE DIVERSIFICATION
IMPORTANCE OF CCS IN INDUSTRIAL SECTORS
CHAPTER 4 POLICIES AND REGULATION
TABLE 6 CO2 CAPTURE CAPACITIES FOR EOR AND GEOLOGICAL STORAGE BY REGION, THROUGH 2019 (MILLION TONS)
TABLE 7 CO2 CAPTURE CAPACITIES BY SEGMENTS, THROUGH 2019 MILLION
TONS)
AMERICAS
UNITED STATES
Regulation
Technology Development Support
CCUS Plants and Projects
TABLE 8 LARGE CCUS PLANTS AND PROJECTS IN THE US 2014-2019 (MILLION TONS OF CO2 PER YEAR)
CANADA
Regulation
Technology Development Support
CCUS Plants and Projects
TABLE 9 LARGE CCUS PLANTS AND PROJECTS IN CANADA 2014-2019 (MILLION TONS OF CO2 PER YEAR)
BRAZIL
TABLE 10 LARGE CCUS PLANTS AND PROJECTS IN BRAZIL 2014-2019 (MILLION TONS OF CO2 PER YEAR)
EUROPE AND CIS
FRANCE
Regulation
Technology Development Support
CCUS Plants and Projects
GERMANY
Regulation
Technology Development Support
CCUS Plants and Projects
TABLE 11 LARGE CCUS PLANTS AND PROJECTS IN GERMANY 2014-2019 (MILLION TONS OF CO2 PER YEAR)
ITALY
Regulation
Technology Development Support
CCUS Plants and Projects
NETHERLANDS
Regulation
Technology Development Support
CCUS Plants and Projects
TABLE 12 LARGE CCUS PLANTS AND PROJECTS IN THE NETHERLANDS 2014-2019 (MILLION TONS OF CO2 PER YEAR)
NORWAY
Regulation
Technology Development Support
CCUS Plants and Projects
TABLE 13 LARGE CCUS PLANTS AND PROJECTS IN NORWAY 2014-2019 (MILLION TONS OF CO2 PER YEAR)
UNITED KINGDOM
Regulation
Technology Development Support
CCUS Plants and Projects
TABLE 14 LARGE CCUS PLANTS AND PROJECTS IN THE UNITED KINGDOM 2014-2019 (MILLION TONS OF CO2 PER YEAR)
ASIA PACIFIC
CHINA
Regulation
Technology Development Support
CCUS Plants and Projects
TABLE 15 LARGE CCUS PLANTS AND PROJECTS IN CHINA, 2014-2019 (MILLION TONS OF CO2 PER YEAR)
JAPAN
Regulation
Technology Development Support
CCUS Plants and Projects
TABLE 16 LARGE CCUS PLANTS AND PROJECTS IN JAPAN, 2014-2019 (MILLION TONS OF CO2 PER YEAR)
SOUTH KOREA
Regulation
Technology Development Support
CCUS Plants and Projects
TABLE 17 LARGE CCUS PLANTS AND PROJECTS IN SOUTH KOREA, 2014-2019 (MILLION TONS OF CO2 PER YEAR)
AUSTRALIA
Regulation
Technology Development Support
CCUS Plants and Projects
TABLE 18 LARGE CCUS PLANTS AND PROJECTS IN AUSTRALIA, 2014-2019 (MILLION TONS OF CO2 PER YEAR)
AFRICA AND MIDDLE EAST
UAE
TABLE 19 LARGE CCUS PLANTS AND PROJECTS IN THE UNITED ARAB EMIRATES, 2014-2019 (MILLION TONS OF CO2 PER YEAR)
SAUDI ARABIA
TABLE 20 LARGE CCUS PLANTS AND PROJECTS IN SAUDI ARABIA, 2014-2019 (MILLION TONS OF CO2 PER YEAR)
SOUTH AFRICA
TABLE 21 LARGE CCUS PLANTS AND PROJECTS IN SOUTH AFRICA, 2014-2019 (MILLION TONS OF CO2 PER YEAR)
CHAPTER 5 CO2 CAPTURE TECHNOLOGIES
FIGURE 4 SCHEMATIC OVERVIEW OF CO2 CAPTURE APPROACHES
TABLE 22 COMPARISON OF POST-COMBUSTION, PRE-COMBUSTION AND OXY-FUELING TECHNOLOGIES
TABLE 23 CO2 CAPTURE CAPACITY BY SEPARATION TECHNOLOGY, THROUGH 2019 (MILLION TONS OF CO2 PER YEAR)
TABLE 24 YEARLY AND CUMULATIVE INVESTMENT SPENDING BY SEPARATION TECHNOLOGY THROUGH 2019 ($ BILLIONS)
POST-COMBUSTION CAPTURE
APPLICATION
CCUS PLANTS AND PROJECTS
TABLE 25 LARGE CCUS PLANTS AND PROJECTS USING POST-COMBUSTION, 2014-2019 (MILLION TONS OF CO2 PER YEAR)
TECHNOLOGY PROVIDERS AND EMERGING TECHNOLOGIES
TABLE 26 OVERVIEW OF POST-COMBUSTION CAPTURE TECHNOLOGIES
BY SUPPLIER/DEVELOPER
ECONOMICS
PRE-COMBUSTION CAPTURE
APPLICATION
CCUS PLANTS AND PROJECTS
TABLE 27 LARGE CCUS PLANTS AND PROJECTS USING
PRE-COMBUSTION, 2014-2019 (MILLION TONS OF CO2 PER YEAR)
TECHNOLOGY PROVIDERS AND EMERGING TECHNOLOGIES
TABLE 28 OVERVIEW OF PRE-COMBUSTION CAPTURE TECHNOLOGIES BY SUPPLIER/DEVELOPER
TABLE 29 SELECTED MAIN TECHNOLOGY PROVIDERS OF IGCC COMPONENT TECHNOLOGIES (EXCLUDING ACID GAS REMOVAL)
ECONOMICS
OXYFUEL COMBUSTION
APPLICATION
CCUS PLANTS AND PROJECTS
TABLE 30 LARGE CCUS PLANTS AND PROJECTS USING OXY-FUEL COMBUSTION, 2014-2019 (MILLION TONS OF CO2 PER YEAR)
TECHNOLOGY PROVIDERS AND EMERGING TECHNOLOGIES
TABLE 31 TECHNOLOGY PROVIDERS BY MAJOR OXY-FUEL COMPONENT
SYSTEMS
ECONOMICS
TABLE 32 COST BREAKDOWN OF ELECTRICITY FOR OXY-COMBUSTION POWER PLANTS (%)
INHERENT SEPARATION
GAS PROCESSING (SWEETENING)
TABLE 33 SELECTION OF COMMON COMMERCIAL SOLVENTS USED FOR THE REMOVAL OF CO2 FROM NATURAL GAS
TABLE 34 COST OF CAPTURING CO2 AT A GAS PROCESSING PLANT
TABLE 35 LARGE GAS PROCESSING PLANTS AND PROJECTS WITH CCUS, 2014-2019 (MILLION TONS OF CO2 PER YEAR)
HYDROGEN PRODUCTION THROUGH STEAM REFORMING
TABLE 36 COST OF CAPTURING CO2 AT A HYDROGEN PLANT
TABLE 37 LARGE HYDROGEN PLANTS AND PROJECTS WITH CCUS, 2014-2019 (MILLION TONS OF CO2 PER YEAR)
AMMONIA PRODUCTION
TABLE 38 COST OF CAPTURING CO2 AT AN AMMONIA PLANT
TABLE 39 LARGE AMMONIA PLANTS AND PROJECTS WITH CCUS, 2014-2019 (MILLION TONS OF CO2 PER YEAR)
METHANOL PRODUCTION
TABLE 40 LARGE METHANOL PLANTS AND PROJECTS WITH CCUS, 2014-2019 (MILLION TONS OF CO2 PER YEAR)
ETHANOL FERMENTATION
TABLE 41 LARGE ETHANOL PLANTS AND PROJECTS WITH CCUS, 2014-2019 (MILLION TONS OF CO2 PER YEAR)
TABLE 42 COST OF CAPTURING CO2 AT AN ETHANOL PLANT
COAL-TO-LIQUID
TABLE 43 COST OF CAPTURING CO2 AT A CTL PLANT
TABLE 44 LARGE CTL PLANTS AND PROJECTS WITH CCUS, 2014-2019
(MILLION TONS OF CO2 PER YEAR)
CHAPTER 6 CO2 REUSE APPLICATIONS
TABLE 45 VALUE OF CO2 SUPPLY FOR EMERGING APPLICATIONS VERSUS EOR, THROUGH 2019 ($ MILLIONS)
WITHOUT CONVERSION
ENHANCED OIL RECOVERY (EOR)
Plants and Projects
TABLE 46 NUMBER OF EOR PROJECTS WORLDWIDE BY RECOVERY TECHNIQUE AS OF 2014
TABLE 47 NUMBER OF CO2-EOR PROJECTS WORLDWIDE BY COUNTRY AS OF 2014
TABLE 48 CO2-EOR PROJECTS INVOLVING CO2 CAPTURE (MILLION TONS OF CO2 CAPTURED)
Market Potential
TABLE 49 VALUE OF CO2 SUPPLY FOR EOR BY REGION, THROUGH 2019 ($ MILLIONS)
TABLE 50 YEARLY AND CUMULATIVE VALUE OF CO2 SUPPLY FOR EOR, THROUGH 2019 ($ MILLIONS/MILLION TONS)
ENHANCED GAS RECOVERY (EGR)
TABLE 51 GAS PROVED RESERVES BY COUNTRY AS OF 2013 (%)
ENHANCED COAL BED METHANE (ECBM)
ENHANCED GEOTHERMAL SYSTEMS (EGS)
YIELD BOOSTING (UREA AND METHANOL)
Plants and projects
TABLE 52 YIELD BOOSTING PROJECTS USING NON-CAPTIVE CO2 (MILLION TONS PER YEAR)
Market Potential
TABLE 53 WORLD UREA SUPPLY AND DEMAND AND PROJECTED CO2 CONSUMPTION, THROUGH 2019 (MILLION TONS)
CO2 UTILIZATION IN GREENHOUSES
TABLE 54 GREENHOUSE PROJECTS USING CAPTURED CO2 (MILLION TONS OF CO2 PER YEAR)
USE OF CARBON DIOXIDE AS FEEDSTOCK FOR CHEMICALS AND POLYMERS
POLYMERS
TABLE 55 CCU PROJECTS CONVERTING CO2 INTO POLYMERS (MILLION TONS PER YEAR)
Polycarbonates
Other Polymers
CHEMICALS
Precipitated Calcium Carbonate (PCC)
Sodium Carbonate and Sodium Bicarbonate
Acrylic Acid
Acetic Acid
Ethylene Glycol (MEG)
Dimethyl Carbonate (DMC)
USE OF CARBON DIOXIDE IN THE ENERGY SECTOR
TABLE 56 WORLD ENERGY DEMAND FOR TRANSPORTATION BY FUEL TYPE, THROUGH 2019 (MTOE)
CO2-TO-LIQUID FUELS
Methanol
Formic Acid
Ethanol
Butanol
ALGAE CO2 FIXATION
Plants and Projects
Market Potential
USE OF CARBON DIOXIDE FOR SECONDARY CONSTRUCTION MATERIALS
CARBONATE MINERALIZATION
Plants and Projects
Market Potential
CONCRETE CURING
CHAPTER 7 MAJOR MARKETS FOR CCUS TECHNOLOGIES
TABLE 57 NEW CARBON CAPACITIES COMING ON STREAM BY SECTOR (MILLION TONS OF CO2 PER YEAR/%)
POWER GENERATION
TABLE 58 WORLD POWER GENERATION BY REGION, THROUGH 2019 (TWH)
TABLE 59 WORLD POWER GENERATION BY FUEL, THROUGH 2019 (%)
TABLE 60 LEVELIZED COST OF ELECTRICITY (LCOE) FOR NEW GENERATION RESOURCES, 2012 ($ PER MWH)
COAL
TABLE 61 COAL RESERVES VS. NATURAL GAS RESERVES, 2013 (BILLIONS TOE/%)
GAS
BIOMASS
INDUSTRIAL PROCESSES
GAS PROCESSING
TABLE 62 TOP 10 NATURAL GAS PRODUCING COUNTRIES, 2013 (BILLION M3)
TABLE 63 NATURAL GAS PRODUCTION BY REGION (BILLION M3)
REFINING
TABLE 64 NUMBER OF REFINERIES BY REGION, 2014
CHEMICALS
Petrochemical Building Blocks
Ammonia Production
TABLE 65 AMMONIA PRODUCTION CAPACITIES BY REGION, THROUGH 2019 (MILLION TONS)
TABLE 66 WORLD UREA SUPPLY AND DEMAND AND PROJECTED CO2 CONSUMPTION, THROUGH 2019 (MILLION TONS)
Methanol Production
BIOFUELS
TABLE 67 ETHANOL PRODUCTION BY REGION, THROUGH 2019 (BILLION LITERS)
TABLE 68 ETHANOL PRODUCTION BY COUNTRY, 2013 (%)
IRON AND STEEL
TABLE 69 COST OF CAPTURING CO2 AT BOTH COG+BFS AND COG PPS
IRON AND STEEL PLANTS
CEMENT
TABLE 70 COST OF CAPTURING CO2 AT A CEMENT PLANT
PULP AND PAPER
ALUMINIUM
TABLE 71 ALUMINIUM INDUSTRY POWER MIX DATA, 2012 (%)
CHAPTER 8 COMPANY PROFILES
TABLE 72 TECHNOLOGY DEVELOPERS AND SUPPLIERS BY CAPTURE TECHNOLOGY (ABSORPTION, ADSORPTION, MEMBRANES, CRYOGENIC AND CHEMICAL LOOPING)
TABLE 73 TECHNOLOGY DEVELOPERS AND SUPPLIERS BY CAPTURE TECHNOLOGY (PRE-COMBUSTION, OXY-FUEL AND POST-COMBUSTION)
TABLE 74 TECHNOLOGY DEVELOPERS AND SUPPLIERS INVOLVED IN CO2
CAPTURE
ACCELERGY CORP.
ALCOA OF AUSTRALIA LTD.
BASF E
BAYER MATERIALSCIENCE AG
BIOPROCESS ALGAE LLC.
CALERA CORP.
CARBON CYCLE LTD.
CARBON RECYCLING INTERNATIONAL
CARBON8 SYSTEMS
CARBONCURE TECHNOLOGIES INC.
CARDIA BIOPLASTICS LTD.
CAMBRIDGE CARBON CAPTURE (CCC)
CHANGCHUN INSTITUTE OF APPLIED CHEMISTRY (CIAC)
DIOXIDE MATERIALS INC.
DNV RESEARCH AND INNOVATION (DNV GL GROUP AS)
E3TEC SERVICE LLC.
EASEL BIOTECHNOLOGIES LLC.
ECONIC TECHNOLOGIES LTD.
EMPOWER MATERIALS INC.
ENN GROUP CO. LTD.
GAS TECHNOLOGY INSTITUTE
HENAN TIANGUAN ENTERPRISE GROUP CO. LTD.
INTEGRATED CARBON SEQUESTRATION PTY. LTD.
JIANGSU ZHONGKE JINLONG-CAS CHEMICAL CO. LTD.
JOULE UNLIMITED INC.
LANZATECH INC.
LIQUID LIGHT INC.
MANTRA ENERGY ALTERNATIVES LTD.
MBD ENERGY LTD.
MINERAL CARBONATION INTERNATIONAL PTY LTD.
MITSUI CHEMICALS INC.
NORNER AS
NOVOMER INC.
OAKBIO INC.
PIONEER ENERGY INC.
POND BIOFUELS INC.
QUANTIAM TECHNOLOGIES INC.
SEAMBIOTIC LTD.
SIEMENS AG
SK ENERGY CO. LTD.
SKYONIC CORP.
SOLIDIA TECHNOLOGIES INC.
TAIZHOU BANGFENG PLASTIC CO.
TWENCE B.V.

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