04 April 2019
Visiongain has published a new energy report Top 20 Companies in Carbon Capture and Storage 2019 : Profiles of Leading Companies Operating Within the Carbon Capture and Storage Market Including Financial and Market Share Analysis (No. of Projects, $Million) Plus Project Tables.
The ever-growing concerns about climate change culminated in the Paris Climate Summit in 2015. 187 countries were present and certain measures were put in place to combat climate change. In practice, the way to go about this is to curb the carbon dioxide and greenhouse gas (GHG) emissions but the world is still heavily reliant on fossil fuels for energy. This is why CCS has been put forward as a viable option to help combat climate change. This is because the technology allows us to continue with the use of traditional fuels (oil & gas) while searching for a legitimate alternative, all the while being able to reduce emissions by up to 99%. The other major driver for CCS is its use for CO2 EOR. The market, however, is still immature globally but with pressure to meet emissions targets manifesting as tighter regulations and policies, the CCS market will grow worldwide.
The Visiongain report analyst commented "Carbon capture and storage is an incredibly promising tool to help combat climate change and emissions, aiding governments as they endeavour to meet their targets outlined in the Paris Agreement. Although this technology has high capital costs, it is far cheaper than entirely changing the energy system. Slowly, but surely, companies and governments are starting to realise this and so investment into this technology is expected to grow considerably over the next decade and beyond until we find a legitimate alternative fuel source."
Leading companies featured in the report who are using or developing CCS technologies are Occidental, Dakota Gas, Shell, Schlumberger, Exxon Mobil, Petronas among others.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to email@example.com or call her on +44 (0) 207 336 6100.
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-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by 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.
Low operating costs associated with geothermal electricity generation drove the market during the historic period. Low operating costs associated with geothermal power encouraged many companies to invest in this market, contributing to the market growth.
06 January 2021
High demand for long lasting, reliable, and ecologically sound energy storage systems to support advanced energy storage applications is expected to drive the demand for FESS. FESS is anticipated to witness high traction in electric vehicle application over the coming years, on account of its high power density, faster charging and low environmental impact.
11 December 2020
The comprehensive report offers market estimation and forecast for the period ranging 2021-2031 for leading national markets and rest of the world. Moreover, the report contains dedicated leading companies covering 10 leading producers in the field of global tire derived fuels.
11 December 2020
The COVID-19 crisis has dramatically affected oil and gas production and demand, leaving no midstream markets untouched as drilling screeched to a halt, pipeline projects were sidelined and global storage neared capacity in a stark reversal of trends at the start of 2020.