A strategic insight into the market for carbon management capacity

Abstract

This study presents the market for carbon management capacity via carbon capture, utilization, and storage technologies, identifying demand and supply forces, as well as clarifying the potential impact of market and non-market-based shocks on technology developers versus adopters. The paper addresses a prevailing gap in market analysis, introducing a microeconomic framework and unique dataset to identify key players, market forces, and policy incentives shaping the carbon capture, utilization, and storage landscape. The analysis equips industry stakeholders, policymakers, and investors with valuable insights regarding (1) leaders in the design, development, and manufacture of carbon capture, utilization, and storage technologies (supply), (2) early technology adopters (demand) who are at the forefront in the pursuit of sustainable carbon management, and (3) the need to use both market and non-market forces to achieve decarbonization across multiple sectors.

Keywords

• CCS
• CCU
• Economics
• Climate change
• Section 45Q
• Market analysis