11-23-2011 04:17 AM CET - Energy & Environment
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'Global CCS expenditure to be worth $13.70bn in 2011' says visiongain report

Press release from: visiongain
r d, oil, shale, oil shale, industries, drilling, kerogen, AMSO, mwe, VKG, ypf, cnpc
r d, oil, shale, oil shale, industries, drilling, kerogen, AMSO, mwe, VKG, ypf, cnpc
CCS technology consists of capturing carbon dioxide (CO2) directly from industrial or utility plants and storing it in secure reservoirs, typically depleted oil and gas fields and saline aquifers.

CCS is an alternative and convenient technology to eliminate CO2 before it is released in the atmosphere. It is one of the most innovative clean energy markets which will experience stable growth rates in the next ten years. Reduction in CO2 emission has received global attention in the past few years because of accelerating climate change issues. Visiongain's The Carbon Capture & Storage / Sequestration (CCS) Technologies Market 2012-2022 report calculates the global CCS expenditure to be worth $13.70bn in 2011.

The growth in overall spending on CCS will depend on the legislation adopted by the governments worldwide and the amount of investment directed into the CCS projects. Demand for energy is expected to rise significantly during the forecast period 2012-2022, requiring an installation of large coal-fired power plants infrastructure in the developing countries.

Though the industry will be faced with the restraints of proving the CCS technology on a large-scale, overcoming environmental concerns, lack of legislative support and confronting a weak global economy, the CCS market is likely to provide substantial opportunities for potential investors. This report offers an examination of the CCS market over the next decade, providing detailed market forecasts for each of the national markets and offering in-depth analysis of the opportunities and challenges facing companies in the CCS market throughout the world.

The report also describes the most important technological changes within the CCS industry and assesses their importance for the growth of the market over the long-term. The various drivers and restraints of the market are evaluated in order to provide readers with specific insights into the future direction of the CCS market.

Visiongain's The Carbon Capture & Storage / Sequestration (CCS) Technologies Market 2012-2022 report details the prospects for this dynamic energy sector with detailed forecasts from 2012-2022. The report will be valuable to those already involved in the CCS market or to those wishing to enter this important market in the future. The Carbon Capture & Storage / Sequestration (CCS) Technologies Market 2012-2022 report includes 101 tables, charts and graphs quantifying and forecasting the market in detail, and provides information on the 11 leading national markets along with the market for the rest of the world. In addition, the report offers profiles of 26 of the leading companies involved in the CCS business and contains 3 exclusive expert interviews from CCS companies that provide their insight into the CCS market.

To see sample pages please visit www.visiongain.com/Report/720/The-Carbon-Capture-Storage-...

For further information please contact Sara Peerun:
sara.peerun@visiongainglobal.com
Tel: +44 0207 3366100

ENDS

Notes for Editors

If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain

Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Telecoms, Energy, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.

Visiongain Ltd
230 City Road
London
EC1V 2QY
United Kingdom

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