Even though CCS is environmental protection preventive measurement technology but do you want to invest in such technology and which regions or areas do you like to invest in such technology. Will you get a return on such an investment? Is it a market to venture from a foreign location to a remote location? Will it be a long-term beneficial plan to enter into and turn it into a profitable venture for the surroundings and the people around such a market?

The operational carbon capture and storage facilities capacities across the world are counted to be 38.5 million metric tons per year. That is the estimation done by the Global CCS Institute, notify the capturing facilities being in operation across the world. The studies show that around 26 large-scale carbon capture plants are in operation, 34 plants are in the development stage and 3 large-scale carbon capture storage facilities are in the construction stage. The regions globally potential and valuable in terms of billion US dollars by the investors in carbon capture facilities from the year 2020 to 2030 are the US and Europe. The US market is estimated to be 41 billion US dollars and Europe to be 32 billion US dollars.
However, the Asian and the African market is lacking the investment amount as compared to its western counterpart by 59 billion US dollars.

The number of projects for large-scale carbon capture and storage facilities in the US is 38, Europe is 13, the Asia Pacific is 10 and the Middle East is 3 in 2020. The investment shows the market value and the estimation of such projects are in a billion US dollars.

In my opinion, the market is worth to invest however, the region provides information on where in the world, the investment will give you good returns and in a faster way and which regions are complicated to operate and navigate for the large-scale carbon capture and storage facilities. The Eastern or the Asian markets are valuable, but the projects are in lesser number, reason somewhat unknown. The speculations can be lack of awareness, lack of information or technical tools for such resources, lack of skills, or less interest. The spreading or focusing on more such technology can provide better insights on how to increase the number of projects.

Source:- BCG, EIA, Environmental Protection Agency, European Commission & Global CCS Institute.