The latest report by MarkNtel Advisors, titled “Germany Bioenergy Carbon Capture & Storage Market Report By Offering (Components, Services), By Feedstock (Energy Crops (Miscanthus, Jatropha, etc.), Industrial & Municipal Wastes [waste oils, food processing wastes, etc.], Agricultural Residues & Waste [Straw, Corn Stover, etc.], Forestry residues), By Technology (Pre-Combustion Carbon Capture, Oxy-fuel Combustion, Post-combustion Carbon capture, Direct Air Capture [DAC], Others), Others and Region 2024-2030”, offers a comprehensive analysis of the industry, which comprises insights on the  Germany Bioenergy Carbon Capture & Storage Market research report.

What is the market outlook for Germany Bioenergy Carbon Capture & Storage?

The Germany Bioenergy Carbon Capture & Storage Market is estimated to grow at a CAGR of around 14.25% during the forecast period, i.e., 2024-30.

For an in-depth analysis, you can request a sample copy of the report: https://www.marknteladvisors.com/query/request-sample/germany-beccs-market.html           

Major Companies Operating in the Germany Bioenergy Carbon Capture & Storage Industry:

Aker Carbon Capture, Carbon Free, Carbon Engineering, Calix Limited, Capsol Technologies, Carbon Clean, Carbon8 Systems Ltd., Svante Carbon Capture & Removal Solutions, Chart Industries, Mitsubishi Heavy Industries Ltd., Others,

Germany Bioenergy Carbon Capture & Storage Market Report Segmentation:

By Offering

-Components

–Biomass Storage & Handling System

–Gasification Unit

–Carbon Capture System

–CO2 Compression Unit

-Services

–Transportation

–Carbon Storage

By Feedstock

-Energy Crops (Miscanthus, Jatropha, etc.)

-Industrial & Municipal Wastes (waste oils, food processing wastes, etc.)

-Agricultural Residues & Waste (Straw, Corn Stover, etc.)

-Forestry residues

By Technology

-Pre-Combustion Carbon Capture

-Oxy-fuel Combustion

-Post-combustion Carbon capture

-Direct Air Capture (DAC)

-Others (Aqueous Amine-based CO2 Capture, Membrane Gas Separation, etc.)

By Application

-Biomass Combustion or Conversion

-Carbon Capture

By End Users

-Waste-to-Energy Power Plants

-Biofuel & Bio-Hydrogen Production Facilities

-Bio-mass Fuelled Industries

–Cement

–Pulp & Paper

-Others

Learn More About the Market Report – https://www.marknteladvisors.com/research-library/germany-beccs-market.html              

Regional Insights:

By Region

-East

-West

-North

-South

Germany Bioenergy Carbon Capture & Storage Market Driver: Rising Greenhouse Emissions & Climate Change Fostering Market Growth

Germany has been reliant on coal for a significant portion of its energy production. The country has several coal-fired power plants, like Bexbach Power Station, which play a notable role in the country’s energy mix. These power plants emit carbon dioxide when coal is combusted for electricity generation. As a result, the energy sector is among the major contributors to increasing carbon emissions in the country. According to the Government of Germany, the emissions in the energy sector surged by 4.4% in 2022 compared to 2021.

In addition, the country has a strong industrial base, and industries, such as steel & chemicals contribute significantly to carbon emissions & climate change. Therefore, to mitigate climate change & reduce carbon emissions, the government of Germany is transitioning towards renewable resources & facilitating the adoption of Bioenergy Carbon Capture & Storage, driving market growth.

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