New Energy Finance

With many initiatives across the globe aimed at reducing carbon dioxide emissions from key economic sectors, carbon capture and storage (CCS) is widely regarded as a pivotal abatement option for the power sector. Particularly for countries with a large base of coal-fired power stations, such as the US, Germany, and China, the commercial availability of CCS is essential to maintain energy independence while at the same time reducing carbon emissions.

Bloomberg New Energy Finance has identified 193 operational and planned CCS projects in 28 countries, 189 capture and conversion technologies, and 155 project consortia composed of over 900 active organisations across all sectors of the economy. Identified investment figures exceed $50 billion. Since many countries are putting in place additional incentives to commercialise CCS this is expected to grow significantly over the next decade. The European Union aims to implement 10-12 CCS demonstration projects over the next five years and has already reserved 300 million allowances from its emissions trading scheme, potentially worth 9 billion euros. The US, Canada, and Australia have also allocated specific funds for the development of CCS projects and are considering the implementation of carbon trading programmes, which will further push CCS deployment.

Bloomberg New Energy Finance's CCS Service

The CCS Service will enable stakeholders to track and analyse market developments in the global CCS industry. It includes many components, including:

• News – a daily news service of relevant CCS industry stories related to investments, policy and companies
• Desktop database – an on-line constantly updated portal of key data sets identified above: CCS organisations, investments, projects, consortia, technologies
• Insight notes – regular publications analysing key market and policy developments, leading player activity, technology developments
• Value chain analysis – supply and demand economic modelling for key segments, including margin analysis
• Market growth forecasts – current and future capacity changes for each leading country
• Conference calls – quarterly briefing calls covering current events and future developments
• Analyst access – direct contact with New Energy Finance's leading team of CCS analysts and researchers
• Networking events – regular forums involving investors and stakeholders in the global CCS industry