Clean Coal Technologies (CCT): A Global Multi-Client Research Initiative
San Jose, California (PRWEB) October 11, 2013
Follow us on LinkedIn – GIA invites senior industry executives, domain experts, technologists and market strategists to participate in a comprehensive global research initiative studying the Clean Coal Technologies (CCT) markets. The study will examine key drivers and trends impacting the market such as increasing focus of utilities on efficient combustion and reduction of carbon dioxide emissions of coal-fired power plants; stringent environmental legislations worldwide; effervescent developments in carbon capture and storage technologies; falling costs and performance improvements of clean coal technologies and equipment; growing consumption of coal in developed and developing countries and the ensuing need to reconcile the growing demand with parallel environmental commitment.
Defined as technologies engineered to reduce and contain harmful emissions of coal-fired energy stations, Clean Coal Technologies are expected to witness robust growth in the coming years. Given the fact that coal will continue to remain a key electricity generation source in the future despite the hype over hydropower, wind & solar energy, biofuels, and nuclear energy, the focus is now squarely on reducing the environmental impact of coal power. Key factors driving growth of clean coal technologies include lack of major breakthroughs in alternative energy technologies to match the baseload power capacity of fossil fuels, growing consumption of hard coal, and escalating energy demand and heavy dependence on coal in developing regions such as Asia-Pacific. Heavily regulated and disincentivized, there exists mounting pressure on coal power to improve its environmental performance. Also, growing competitive pressure from renewable energy sources is forcing conventional coal power generation to reduce its carbon footprint. Apart from facilitating over 30% savings in CO2 emissions, clean coal technologies are capable of improving the combustion efficiency of coal fired power plants.
Popular clean coal technologies include coal washing, emissions treatments, flue gas desulfurization systems, Low-NOx (nitrogen oxide) burners, electrostatic precipitators, Flue-gas separation, oxy-fuel combustion, among others. Poised to witness strong growth in the coming years are clean coal combustion technologies such as, super critical and ultra-super critical pulverized coal combustion, integrated gasification combined cycle (IGCC) systems, and circulating and pressurized fluidized bed combustion (FBC). A key reason cited for the growing popularity of these technologies is the dual benefits offered in terms of higher plant efficiencies by over 40% and reduction in emissions. The future of clean coal technologies however hinges on the successful deployment of carbon capture and sequestration technologies (CCS). Developments in technologies capable of capturing CO2 at its emission source and enabling geologic storage of the same (underground disposal of CO2) will open up a new page in the lexicon of clean coal technologies. The study estimates Clean Coal Technologies to be a multi-million dollar market worldwide, while more precise market-size and growth projections for a 14-year period will be made available during the 2nd stage of report preparation, and data analysis.
The research and analyses will be released shortly in the form of a comprehensive research report. The report by design, will attempt to provide exhaustive analysis, data, trends, market share, market size, statistics, forecasts and competitive intelligence. The report is modeled to offer precise and unbiased, actionable market insights including in-depth segmentation of market sub-sectors, demand estimates and projections and analysis of trends in each of the sectors, identification of leading players, and the competitive structure, among others.
Developed for Manufacturers, Strategic Planners, Business Development Executives, Management Consultants, Investment Bankers, Consulting Firms, Marketing & Sales Executives, C-Level Decision Makers, Market Strategists and Technology Domain Experts, the report helps identify the biggest opportunities in this space and offers accurate latent demand forecasting that empowers quantitative decision making among existing market players and new entrants.
For more details about how you can participate, please click here.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
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