Global CCS in Power Generation Sales Market Forecast 2018-2025: Fluor Corporation, Shell, Net Power, Hitachi, Sulzer, Siemens
Albany, NY -- (SBWire) -- 07/25/2018 --This report studies the global CCS in Power Generation market status and forecast, categorizes the global CCS in Power Generation market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Carbon capture and storage (CCS) (or carbon capture and sequestration or carbon control and sequestration) is the process of capturing waste carbon dioxide (CO2) from large point sources, such as fossil fuel power plants, transporting it to a storage site, and depositing it where it will not enter the atmosphere, normally an underground geological formation. The aim is to prevent the release of large quantities of CO2 into the atmosphere (from fossil fuel use in power generation and other industries). It is a potential means of mitigating the contribution of fossil fuel emissions to global warming and ocean acidification. Although CO2 has been injected into geological formations for several decades for various purposes, including enhanced oil recovery, the long term storage of CO2 is a relatively new concept.
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The over-dependence on fossil fuels and abundant supplies is considered to be one of the primary growth drivers in this market. Technological advancements and booming economies are directly dependent on the availability of energy and ever since commercial uses of oil and natural gas was discovered, the demand for fossil fuels has only increased. The available fossil fuels are expected to meet the energy demands for decades. There will be significant emissions of greenhouse gases, which will, in turn, increase the demand for carbon capture and storage systems.
During 2015, the Americas dominated the global market and accounted for the majority of the market shares. Stringent government regulations on carbon emissions coupled with government support and incentives drive the growth of the market in this region. This market research and analysis predicts that the Americas will continue to dominate this market in the coming years as well.
The major players covered in this report
- GE-Alstom Grid
- The Linde
- Babcock & Wilcox Enterprises
- Mitsubishi Heavy Industries
- Fluor Corporation
- Shell
- Net Power
- Hitachi
- Sulzer
- Siemens
- Amec Foster Wheeler
- Air Products
View Complete TOC with Tables and Figures at: https://www.researchmoz.us/global-ccs-in-power-generation-sales-market-report-2018-report.html/toc
Key Stakeholders
- CCS in Power Generation Manufacturers
- CCS in Power Generation Distributors/Traders/Wholesalers
- CCS in Power Generation Subcomponent Manufacturers
- Industry Association
- Downstream Vendors
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