Despite its complexities, the market for carbon capture and storage technology is indeed fascinating to follow. I tried my best to capture (pun intended) an overview of this market mostly on the capture part and ICIS Chemical Business just released online today my article on how the chemical industry could potentially benefit from this high-growth area.
Participants in this article include Jeff Chapman of the UK-based Carbon and Capture Storage Association; Shell’s Graeme Sweeney; BASF’s Andreas Northemann, Praxair’s Chuck McConnell; Air Products’ Steve Carney; Linde; GE Energy’s Keith White; and reports from Citigroup, BCC Research, IEA and IPCC.
An interesting story from Carbon Sciences’ CEO Derek McLeish talked about the potential use of the captured carbon dioxide as feedstock for fuels and chemicals production.
Also check out McKinsey & Company’s interactive presentation on how CCS technology works, which was just released this week.