Business Strategy - Exploiting the Opportunities from Carbon Capture
Tuesday, May 12, 2009
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CCS could become a market we learn a lot more about over the next few years. It stands for carbon capture & storage. A fascinating article in the Guardian outlines how British firms may be well-placed to grab a large market share of CCS. It is also a good, although more complex, example of adding value…
Here is the link to the article.
It looks like UK firms still have quite a way to go before they achieve a high market share. The article explains that:
“The international market for CCS in 2007-08 was £13.28bn, of which the UK’s share was £468m”
However, the important point is that the global CCS market is likely to grow rapidly in the coming years, so UK firms need to establish themselves in the industry in order to catch the wave of strong market growth.
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