SMOG - CCS Growth Is Set To Build As Market Struggles To Kick Off
2024-01-30 11:00:00 ET
Summary
- CCS is a key enabling technology for the transition towards a net zero economy, and we're expecting its growth to continue building momentum in 2024.
- At the same time, unrealistically high hopes of a rapid kick-off should start to cool down, and upcoming elections in key markets like the US and EU will only add to existing uncertainty.
- Overall, we expect more activity in the CCS market in 2024, but the market will likely struggle to kick off and show its full potential.
By Gerben Hieminga and Coco Zhang
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CCS Growth Is Set To Build As Market Struggles To Kick Off