2009 is shaping up to be a critical year for carbon sequestration as energy policy, sequestration regulations, and project activity build momentum to push CCS forward. Major carbon policy decisions that could mold the carbon regulatory landscape and economic framework for CCS for the next decade are hanging in the balance.
What is the potential for carbon sequestration and who will lead the industry forward?
EER's new study, Global Carbon Sequestration Markets & Strategies, 2009-2030, will help you evaluate the sequestration industry's short-term potential and long-term outlook.
Following are just a few of the key trends analyzed in EER's new market study containing over 183 pages of comprehensive analysis of global carbon sequestration markets:
* Over $20 billion in funding has been earmarked for large demonstration CCS projects, with economic stimulus plans in Europe, the US and Canada expected to increase this figure in 2009.
* If demonstration projects are successful, CCS strategies will be well-positioned to scale after 2016. EER estimates over 110 projects in 18 different countries under development
* Carbon Sequestration project investment could reach between $30 billion and $70 billion per year by 2030, according to EER's base-case and high-growth forecasts in the study.
* Big oil and gas players are leading the carbon sequestration industry forward by leveraging their synergies. The six global 'Supermajors'—BP, Chevron, ConocoPhillips, ExxonMobil, Shell, and Total—are uniquely positioned across the CCS value chain.
See full Details, in pdf format.
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