DACH Region Industrial Firms Plan 21 Carbon Capture Projects

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Researched by Industrial Info Resources (Sugar Land, Texas)--Coal, oil and natural gas, which are burned for energy and contain carbon and hydrogen, are the top three highest emitters of greenhouse gases. Many companies have publicly declared their intention to become carbon neutral by 2050, and in Europe's DACH region (Germany, Austria and Switzerland), industrial companies are planning 21 carbon capture and storage (CCS) projects worth US$709.6 million.

The Metals & Minerals Industry leads the way with 13 CCS projects totaling US$280 million, including those at cement and steel manufacturing plants.

Click on the image at right for a breakdown by industry of CCS projects in the DACH region.

CCS can be applied to industrial sources of emissions, such as iron, steel, and concrete, which have limited abatement options. This is because carbon is generated not only from their use of fuel, but also, unavoidably, through their production processes; with the use of CCS technology, carbon dioxide (CO2) can be captured directly from a cement kiln, for example.

As a process, carbon capture and storage is one of the most effective ways of reducing carbon emissions. It is a three-step process: the first step is to capture and separate CO2 from other gases; step two includes compressing and transporting it via pipelines, road transport or ships to a site for storage; and lastly, the stored carbon dioxide is injected into rock formations deep underground for permanent storage.

Subscribers to Industrial Info's Global Market Intelligence GMI Project Database can click here for a full list of CCS projects in the DACH region.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).