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Global and Regional Markets for Carbon Capture and Sequestration (CCS) Infrastructure and Equipment

Portrayed in the past five years as a pipe dream, technological savior and prudent investment to complement existing energy infrastructure, carbon capture and sequestration (CCS; also known as carbon capture and storage) is projected by SBI Energy as a complementary, sometimes marginal, technology in the global effort towards carbon dioxide emissions reduction. Representing approximately $(U.S.) 650 million in 2013 investment, global CCS infrastructure deployment is projected to intensify significantly to over $2.4 billion in 2020. Through the end of this report’s scope (2037), CCS is not projected to represent more than 25% of carbon emissions reductions below baseline even in the most active markets (e.g., North America, Europe). Other regions such as Latin America and Asia-Pacific will rely on CCS for less than 5% of necessary carbon emissions reductions.

Carbon management is already a prime destination for energy and industrial sector investment dollars. Regulatory limits, taxation and price setting on carbon dioxide emissions as a greenhouse gas (GHG) pollutant has spurred industries worldwide to invest in emissions reduction technologies and practices. Improvements to energy efficiency, use of alternative lower- or non-emitting energy resources and economic transformation have largely produced the carbon emissions reductions in the past decade. However, these trends alone will be unable to achieve the global carbon emissions reductions necessary to avert catastrophic climate change. CCS is widely viewed as a technologically viable method for the significant mitigation of fossil fuel-associated carbon emissions worthy of additional development and future deployment.

This report provides extensive and detailed projections for global and regional CCS markets through 2037, as well as a review of the historical markets for CCS technology since 2008. Markets are valued by total capital expenditure (CAPEX) investment in CCS infrastructure and by equipment orders. Cumulative estimated equipment orders for the period of 2020-2037 are segmented by carbon post-combustion absorption and removal, compression, air separation (ASU), water-gas shift (WGS), and balance of plant (BoP) equipment. Market segmentation is provided by CCS phase (capture, transportation, storage), region, capture source (power/industry), client or project type (historical market only / merchant capture, enhanced oil recovery [EOR], CCS project) and capture method (post-combustion, pre-combustion, oxyfuel). Regional carbon capture capacities and sequestration rates are also provided in terms of million metric tonnes (MMT) annually. The relative contribution of CCS and other factors to carbon emissions reductions below baseline (or default emissions trajectories) are also provided through 2037.

Report Methodology

Report methodology included one conservative regulatory scenario with appropriate emission reduction targets for each region; regional emission reduction projections for CCS-alternative factors such as energy intensity, renewable and nuclear energy generation, and the regional carbon intensity of fossil fuel consumption; and modeled demand for different capture technologies (post-combustion, pre-combustion, oxyfuel-combustion), carbon pipeline transportation networks, and carbon storage reservoirs.

Data sources included energy and economic projections from the U.S. Energy Information Agency (EIA), European Environment Agency (EEA), Intergovernmental Panel on Climate Change (IPCC), and reports from individual emitter nations. Regulation in individual countries relevant to energy and emissions was also extensively consulted in preparing the report. Also consulted were CCS and EOR project databases maintained by the Massachusetts Institute for Technology (MIT), U.S. National Energy Technology Laboratory (NETL), and Global Carbon Capture and Storage Institute (GCCSI) among others, which were updated and supplemented by SBI Energy’s own extensive research into projects’ status and progress. Project and equipment pricing and costs were modeled from citations collected through interviews and found in industry and research publications.

What You’ll Get in This Report

Global and Regional Markets for CCS Infrastructure and Equipment, 2008-2037 provides readers with extensive and detailed projections befitting of a still emerging technology market with undoubted applications in future markets burdened by crucial emissions targets. Readers can expect to find grounded, extensively researched and meticulously modeled market projections that reveal the most probable realities of future CCS deployment worldwide. Data provided in the report is supported by thorough author discussion of regional, regulatory, industry and technological factors shaping the market as well as informed overviews of important CCS projects and players. Additional support for the data comes in the form of contextual forecasts for regional carbon emissions and expected emissions reductions from falling economic energy intensity, greater generation from renewable and nuclear energy resources, and declining carbon intensity from fossil fuel generation.


  • Executive Summary
    • Introduction
    • CCS Technology - Development and Proposed Schemes
      • Carbon Capture
    • Carbon Emission Sources and CCS Deployment
    • Global CCS Market
      • Table Global Carbon Capture Capacity by Source-Technology - Post-Combustion Coal, Post-Combustion Gas, IGCC, Oxyfuel, Industrial Capture - and Carbon Sequestration Rate (2020-2037) (MMT/year)
      • Table Global CCS CAPEX and Equipment Market - Capture, Transportation and Storage (2008-2037) ($U.S. millions)
    • Climate Change Conventions and Mitigation Agreements
      • Table National and Other GHG Emissions Targets and Goals Worldwide
      • Table National and Other Incentives and Policy Support for CCS Worldwide
    • Carbon Markets and Emission Trading Schemes
      • Table Carbon Emissions Trading Schemes (ETS) and Cap-and-Trade Systems Worldwide (Country or Other Political Unit, Start Year, Sector[s], Scheme Description, Price)
    • Conclusions
  • Overview of Carbon Capture and Sequestration
    • Introduction
    • Carbon Dioxide Emissions and Climate Change Mitigation
      • Impact of Carbon Dioxide in Climate Change
        • Table Global Warming Potentials of GHGs (Lifetime and GWP in 20, 100, and 500 years)
      • Non-CCS Alternatives to Reduced Carbon Emissions
    • Sustainable Land Usage
    • Conservation
    • Energy Efficiency
    • Renewables and Nuclear - Zero- and Near Zero-Carbon Emissions Energy
    • Fossil Fuel Carbon Intensity Reduction
      • Alternatives to Carbon Sequestration
    • CCS Technology - Development and Proposed Schemes
      • Carbon Sequestration (Storage)
      • Carbon Transportation
      • Carbon Capture
    • Post-Combustion
    • Pre-Combustion
    • Oxyfuel-Combustion
    • Industrial Processes
    • Carbon Emission Sources and CCS Deployment
      • Natural Sources
      • Natural Gas Processing
      • Power Generation (Combustion)
      • Ethanol Production
      • Oil Refining
      • Gasification
      • Other Industries
    • Ammonia
    • Steel
    • Cement
    • Pulp & Paper
    • Beverage
    • Conclusion
  • Contemporary and Future Markets for CCS Infrastructure and Equipment
    • Introduction
    • Market Scoping
      • Capital Expenditures and Equipment
      • Carbon Capture and Storage Volumes
      • Market Segmentation
    • Methodology
      • Energy and Emissions Projections and Models
      • Policy Development and Regulation
      • Role of Alternative Emissions Reduction Technologies and Practices
      • Carbon Markets
    • Global CCS Market
      • Table Global Carbon Capture Capacity by Source-Technology - Post-Combustion Coal, Post-Combustion Gas, IGCC, Oxyfuel, Industrial Capture - and Carbon Sequestration Rate (2020-2037) (MMT/year)
      • Table Global CCS CAPEX and Equipment Market - Capture, Transportation and Storage (2008-2037) ($U.S. millions)
    • Regional Markets for CCS Explored
      • North America
        • Table North American and U.S. Carbon Dioxide Emissions and Emission Reductions by Carbon Intensity Factor (Energy Intensity, Renewable/Nuclear Primary Energy Share, Fossil Fuel Emissions Rate) (2001-2020) (MMT/year)
        • Table North American Carbon Dioxide Emissions and Emission Reductions by Carbon Intensity Factor (Energy Intensity, Renewable/Nuclear Primary Energy Share, Fossil Fuel Emissions Rate) (2020-2037) (MMT/year)
        • Table North American Carbon Capture Capacity by Source-Technology - Post-Combustion Coal, Post-Combustion Gas, IGCC, Oxyfuel, Industrial Capture - and Carbon Sequestration Rate (2020-2037) (MMT/year)
        • Table North American CCS CAPEX and Equipment Market - Capture, Transportation and Storage (2008-2037) ($U.S. millions)
      • Europe
        • Table European and EU-27 Carbon Dioxide Emissions and Emission Reductions by Carbon Intensity Factor (Energy Intensity, Renewable/Nuclear Primary Energy Share, Fossil Fuel Emissions Rate) (2001-2020) (MMT/year)
        • Table European and EU-27 Carbon Dioxide Emissions and Emission Reductions by Carbon Intensity Factor (Energy Intensity, Renewable/Nuclear Primary Energy Share, Fossil Fuel Emissions Rate) (2020-2037) (MMT/year)
        • Table European Carbon Capture Capacity by Source-Technology - Post-Combustion Coal, Post-Combustion Gas, IGCC, Oxyfuel, Industrial Capture - and Carbon Sequestration Rate (2020-2037) (MMT/year)
        • Table European CCS CAPEX and Equipment Market - Capture, Transportation and Storage (2008-2037) ($U.S. millions)
      • Asia-Pacific
        • Table Asia-Pacific - Total, OECD (Developed) and Non-OECD - Carbon Dioxide Emissions and Emission Reductions by Carbon Intensity Factor (Energy Intensity, Renewable/Nuclear Primary Energy Share, Fossil Fuel Emissions Rate) (2001-2020) (MMT/year)
        • Table Asia-Pacific - Total, OECD (Developed) and Non-OECD - Carbon Dioxide Emissions and Emission Reductions by Carbon Intensity Factor (Energy Intensity, Renewable/Nuclear Primary Energy Share, Fossil Fuel Emissions Rate) (2030-2037) (MMT/year)
        • Table Asia-Pacific Carbon Capture Capacity by Source-Technology - Post-Combustion Coal, Post-Combustion Gas, IGCC, Oxyfuel, Industrial Capture - and Carbon Sequestration Rate (2020-2037) (MMT/year)
        • Table Asia-Pacific CCS CAPEX and Equipment Market - Capture, Transportation and Storage (2008-2037) ($U.S. millions)
      • Latin America
        • Table Latin American Carbon Dioxide Emissions and Emission Reductions by Carbon Intensity Factor (Energy Intensity, Renewable/Nuclear Primary Energy Share, Fossil Fuel Emissions Rate) (2001-2020) (MMT/year)
        • Table Latin American Carbon Dioxide Emissions and Emission Reductions by Carbon Intensity Factor (Energy Intensity, Renewable/Nuclear Primary Energy Share, Fossil Fuel Emissions Rate) (2020-2037) (MMT/year)
        • Table Latin American Carbon Capture Capacity by Source-Technology - Post-Combustion Coal, Post-Combustion Gas, IGCC, Oxyfuel, Industrial Capture - and Carbon Sequestration Rate (2020-2037) (MMT/year)
        • Table Latin American CCS CAPEX and Equipment Market - Capture, Transportation and Storage (2008-2037) ($U.S. millions)
      • Middle East and Africa
        • Table Middle Eastern and African Carbon Dioxide Emissions and Emission Reductions by Carbon Intensity Factor (Energy Intensity, Renewable/Nuclear Primary Energy Share, Fossil Fuel Emissions Rate) (2001-2020) (MMT/year)
        • Table Middle Eastern and African Carbon Dioxide Emissions and Emission Reductions by Carbon Intensity Factor (Energy Intensity, Renewable/Nuclear Primary Energy Share, Fossil Fuel Emissions Rate) (2020-2037) (MMT/year)
        • Table Middle Eastern and African Carbon Capture Capacity by Source-Technology - Post-Combustion Coal, Post-Combustion Gas, IGCC, Oxyfuel, Industrial Capture - and Carbon Sequestration Rate (2020-2037) (MMT/year)
        • Table Middle Eastern and African CCS CAPEX and Equipment Market - Capture, Transportation and Storage (2008-2037) ($U.S. millions)
      • Russia and the Commonwealth of Independent States (CIS)
        • Table Russian & CIS Carbon Dioxide Emissions and Emission Reductions by Carbon Intensity Factor (Energy Intensity, Renewable/Nuclear Primary Energy Share, Fossil Fuel Emissions Rate) (2001-2020) (MMT/year)
        • Table Russian & CIS Carbon Dioxide Emissions and Emission Reductions by Carbon Intensity Factor (Energy Intensity, Renewable/Nuclear Primary Energy Share, Fossil Fuel Emissions Rate) (2020-2037) (MMT/year)
        • Table Russian & CIS Carbon Capture Capacity by Source-Technology - Post-Combustion Coal, Post-Combustion Gas, IGCC, Oxyfuel, Industrial Capture - and Carbon Sequestration Rate (2020-2037) (MMT/year)
        • Table Russian & CIS CCS CAPEX and Equipment Market - Capture, Transportation and Storage (2008-2037) ($U.S. millions)
    • Conclusion
  • CCS Drivers - Regulatory Compliance and Carbon Commodity Applications
    • Introduction
    • Climate Change Conventions and Mitigation Agreements
      • United Nations Framework Convention on Climate Change and Succeeding Agreements
        • Table List of Annex I Parties to the United Nations Framework Convention on Climate Change (UNFCCC) and Reported Carbon Emissions (million metric tonnes [MMT]year; 1990/2000/2005/2010)
        • Table Reported Annex I Total GHG Emissions (with and without LULUCF) and Total CO2 Emissions (with and without LULUCF) (MMT; 1990/2008-2010)
        • Table Copenhagen Accord 2020 GHG Emissions Reduction Pledges by Country (base year or baseline and percentage reduction)
        • Table Doha Amendment 2020 GHG Emissions Reduction Targets by Country (base year and reduction percentage)
      • European Union Emissions Reduction Agreements
        • Table First European Climate Change Programme (ECCP; 2000-2004) Working Groups - Relevant Policy Sectors and Instruments for Emissions Reductions
        • Table Second European Climate Change Programme (ECCP; 2005-2008) Working Groups - Relevant Policy Sectors and Instruments for Emissions Reductions
    • National and Sub-National Climate Change Mitigation Targets and Goals
      • Table National and Other GHG Emissions Targets and Goals Worldwide
      • United States
        • Table U.S. Federal Climate Change Legislation (2003-2009)
      • California
        • Table California Climate Change Legislation (1988-2013)
      • Canada
        • Table Canada GHG Emissions by Province and Territory (CO2e MMT/year) (1990-2010)
        • Table Canada GHG Emissions Reduction Targets for 2020 by Province and Territory (% or Amount, Base Year, Projected Emissions with Compliance in CO2e, MMT/year)
      • Norway
      • Switzerland
      • Turkey
      • Russia
      • Ukraine
      • Japan
      • Australia
      • Korea
      • China
      • India
      • Indonesia
      • Taiwan
      • Thailand
      • Mexico
      • Brazil
      • South Africa
    • International and National CCS Incentives and Support
      • Table National and Other Incentives and Policy Support for CCS Worldwide
      • UNFCCC
      • World Bank
      • European Union
      • EU Member Countries
      • Norway
      • Russia
      • United States
        • Table U.S. State CCS-Relevant Incentives and Regulation
      • Canada
      • Japan
      • Australia
      • Korea
      • China
      • India
      • Mexico
      • United Arab Emirates
      • South Africa
    • Carbon as a Commodity
      • Carbon Markets and Emission Trading Schemes
        • Table Carbon Emissions Trading Schemes (ETS) and Cap-and-Trade Systems Worldwide (Country or Other Political Unit, Start Year, Sector[s], Scheme Description, Price)
      • Captured Carbon in Enhanced Oil Recovery
      • Captured Carbon in Industrial Applications
    • Conclusion
  • Company Profiles
    • Introduction
    • Aker Clean Carbon
      • Table Aker Clean Carbon AS
      • Corporate Background
      • Product and Technology Portfolio
      • Company News
    • ALSTOM Carbon Capture
      • Table ALSTOM Carbon Capture GmbH Profile
      • Corporate Background
      • Product and Technology Portfolio
      • Company News
        • Table ALSTOM Carbon Capture Project Participation
    • Cansolv
      • Table Cansolv Technologies, Inc. Profile
      • Corporate Background
      • Product and Technology Portfolio
      • Company News
    • Fluor
      • Table Fluor Corporation Profile
      • Corporate Background
      • Product and Technology Portfolio
      • Performance
      • Company News
    • Hitachi
      • Table Hitachi, Ltd. Profile
      • Corporate Background
      • Product and Technology Portfolio
      • Performance
      • Company News
    • Linde
      • Table Linde AG Profile
      • Corporate Background
      • Product and Technology Portfolio
      • Performance
      • Company News
        • Table Linde Carbon Capture and CCS Project Participation
    • Mitsubishi Heavy Industries
      • Table Mitsubishi Heavy Industries, Ltd. Profile
      • Corporate Background
      • Product and Technology Portfolio
        • Table Mitsubishi Heavy Industries, Ltd. CCS Product and Technology Portfolio
      • Performance
      • Company News
        • Table Mitsubishi Heavy Industries Carbon Capture and CCS Project Participation
    • Schlumberger
      • Table Schlumberger Ltd. Profile
      • Corporate Background
      • Product and Technology Portfolio
      • Performance
      • Company News
        • Table Schlumberger Carbon Sequestration Project Participation
    • Siemens
      • Table Siemens AG Profile
      • Corporate Background
      • Product and Technology Portfolio
        • Table Siemens CCS Technology and Product Portfolio
      • Performance
      • Company News
        • Table Siemens CCS Project Participation
    • UOP
      • Table UOP LLC Profile
      • Corporate Background
      • Product and Technology Portfolio
      • Performance
      • Company News

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