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Global CCS in Power Generation Market 2016-2020

Global CCS in Power Generation Market 2016-2020

About the Carbon Capture and Storage (CCS) in Power Generation Market

Carbon capture and storage or storage (CCS) is one of the novel ideas that promises to aid this aspect by reducing the amount of carbon dioxide, which is released into the atmosphere during the operation of fossil fuel dependent industries such as power generation and oil and gas processing. The basic functioning of the CCS technology is based upon the capturing of the emitted carbon dioxide before its release into the atmosphere and then transporting and storing this carbon dioxide at an environmentally safe location. There are three steps in the CCS process:

  • Carbon capture
  • Transportation
  • Sequestration or storage
Technavio’s analysts forecast the global CCS in power generation market to grow at a CAGR of 56.21% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global CCS in power generation market for 2016-2020. The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
Technavio's report, Global Carbon Capture and Storage (CCS) in Power Generation Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • GE Energy
  • GDF Suez
  • Linde Group
  • Babcock and Wilcox
  • Mitsubishi Heavy Industries
Other prominent vendors
  • Hitachi
  • Sulzer
  • Siemens
  • Amec Foster Wheeler
  • Air Products
Market driver
  • Booming investments and advances in technology
  • For a full, detailed list, view our report
Market challenge
  • Risks associated with carbon capture and storage
  • For a full, detailed list, view our report
Market trend
  • Shift in focus toward developing nations
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Carbon Capture and Storage (CCS) in Power Generation Market 2016-2020

Technavio recognizes the following companies as the key players in the global CCS in power generation market: GE Energy, GDF Suez, Linde Group, Babcock and Wilcox, and Mitsubishi Heavy Industries.

Other Prominent Vendors in the market are: Hitachi, Sulzer, Siemens, Amec Foster Wheeler, and Air Products.

Commenting on the report, an analyst from Technavio’s team said: “A trend which will boost market growth is the shift in focus toward developing nations. The CCS projects have created a significant buzz in the developed economies' market, where the power generation sector has reached its maturity, and the reduction of the carbon emissions is at the center of all attention. These economies have matured technologies and have sorted the demands from energy sector demands out, which coupled with significant investments, have made it possible for them to shift to the low carbon technologies.”

According to the report, a key growth driver is booming investments and advances in technology. For next-generation capture technologies, investments in R&D have increased over the years. Besides, there are government initiatives promoting carbon capture and storage technology, which also contribute to the growth of the market. Both private and public sectors are investing heavily in testing and commercializing low-carbon technology to reduce carbon costs and protect the environment.

Further, the report states that one challenge that could restrict market growth is the risk associated with carbon capture and storage.

Companies Mentioned

GE Energy, GDF Suez, Linde Group, Babcock and Wilcox, Mitsubishi Heavy Industries, Hitachi, Sulzer, Siemens, Amec Foster Wheeler, Air Products.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global CCS in power generation market
    • Technological overview
      • Table Pre-combustion carbon capture schematic
      • Table Post-combustion carbon capture
      • Table Oxy-fuel combustion technology
    • Market size and forecast
      • Table CCS in power generation market by carbon capture capacity (in MTCO2/year)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Segmentation of CCS in power generation by capture technology
      • Table Global CCS in power generation market by Capture technology 2015
      • Table Global CCS in power generation market by capture technology forecast 2016-2020
      • Table Global CCS in power generation market by Capture technology 2020
      • Table Global CCS in power generation market by pre-combustion capture technology 2016-2020 (MTCO2/year)
      • Table CCS projects in power generation sector based on pre-combustion technology
      • Table Global CCS in power generation market by post-combustion capture technology 2016-2020 (MTCO2/year)
      • Table CCS projects in power generation sector based on post-combustion technology
      • Table Global CCS in power generation market by oxy-fuel combustion capture technology 2016-2020 (MTCO2/year)
      • Table CCS projects in power generation sector based on oxyfuel combustion technology
    • Segmentation of CCS in power generation by transportation technology
      • Table Global CCS in power generation market by transportation technology 2015
      • Table Global CCS in power generation market by capture technology forecast 2016-2020
      • Table Global CCS in power generation market by transportation technology 2020
      • Table CCS in power generation by pipeline transportation capacity (MTCO2/year)
      • Table CCS projects in power generation sector based on pipeline transportation technology
      • Table CCS in power generation by ship transportation capacity (MTCO2/year)
      • Table CCS projects in power generation sector based on ship transportation technology
    • Segmentation of CCS in power generation by application
      • Table Global CCS in power generation market by application 2015
      • Table Global CCS in power generation market by capture technology forecast 2016-2020
      • Table Global CCS in power generation market by application 2020
      • Table CCS in power generation by EOR application (MTCO2/year)
      • Table CCS projects with EOR application for the captured carbon dioxide
      • Table CCS in power generation by dedicated storage application (MTCO2/year)
      • Table CCS in power generation by underground saline formation storage (MTCO2/year)
      • Table CCS in power generation by depleted oil and gas reservoir storage (MTCO2/year)
  • Geographical segmentation
    • Global CCS in power generation market 2016-2020 segmentation by geography
      • Table Global CCS in power generation market shares by geography 2015
      • Table Geographical CCS in power generation by geography 2016-2020
      • Table Global CCS in power generation market shares by geography 2020
    • APAC
      • Table APAC CCS in power generation market growth outlook 2016-2020 (in MTCO2/year)
      • Table List of CCS projects in APAC region, 2015-2020
    • Americas
      • Table Americas CCS in power generation market growth outlook 2016-2020 (in MTCO2/year)
      • Table List of CCS projects in Americas region, 2015-2020
    • EMEA
      • Table CCS in power generation market: Growth outlook in EMEA 2016-2020 (MTCO2/year)
      • Table List of CCS projects in EMEA 2015-2020
  • Key leading countries
    • Table Key leading countries
    • Table India GDP growth rate forecast trend
    • Table Carbon dioxide emissions from fossil fuel usage in India (in MTCO2/year)
    • Table China GDP growth rate forecast trend
    • Table CCS projects in power generation in China
    • Table CCS projects in power generation in US
  • Market drivers
    • Over-dependence on fossil fuels and abundant supplies
      • Table Fossil fuels remaining production
      • Table Primary energy demand by fuel source (in MTOE)
      • Table Global carbon dioxide emissions from fuel combustion by sectors
      • Table Lifecycle carbon dioxide from power plants by fuel sources (gram-CO2/kWh)
      • Table Energy-related carbon dioxide reduction
    • Growing demand for reuse of carbon dioxide
      • Table Commercial uses of carbon dioxide
      • Table Emerging applications of carbon dioxide
    • Booming investments and advances in technology
      • Table Estimated LCOE for new generation resources 2020 ($/MWh)
    • Stricter environmental requirements
      • Table Global temperature anomaly over past 50 years (in ºF)
  • Market challenges
    • Risks associated with carbon capture and storage
    • High costs associated with CCS technology implementation
      • Table Cost of CCS project implementation forecast ($/ton of CO2 equivalent)
    • Scalability issue in CCS transportation
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Shift in focus toward developing nations
      • Table Global top 10 countries by carbon dioxide emissions (MTCO2/year)
    • Apprehensions related to EOR application
      • Table Hydrocarbon production by EOR using carbon dioxide (million Bbl./d)
    • Increased need of regulatory support from governments
    • Significant increase in demand for EOR techniques
      • Table Hydrocarbon production by EOR using carbon dioxide (million Bbl./d)
  • Vendor landscape
    • Table Life cycle of a CCS project in power generation sector
    • Other prominent vendors
  • Key vendor analysis
    • GE Energy
    • Linde Group
    • Babcock and Wilcox
    • Mitsubishi Heavy Industries
      • Table Mitsubishi Heavy Industries: Business segmentation by revenue 2015
      • Table Mitsubishi Heavy Industries: Business segmentation by revenue 2014 and 2015
      • Table Mitsubishi Heavy Industries: Geographical segmentation by revenue 2015
  • Appendix
    • List of abbreviations
  • Explore Technavio

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