Bioenergy With CCS Market Size Poised To Reach USD 742.73 Million By 2030
San Francisco, 18 December 2024: The Report Bioenergy With CCS Market Size, Share & Trends Analysis Report By Technology (Oxy-combustion, Pre-combustion, Post-combustion), By Application, By Region, And Segment Forecasts, 2024 - 2030 The global bioenergy with CCS market size was estimated at USD 210.68 million in 2023 and projected to grow at a CAGR of 19.84% from 2024 to 2030. The primary driver for the bioenergy with carbon capture and sequestration (CCS) market growth is the global push to combat climate change and achieve net-zero carbon emissions. Governments and organizations are increasingly committing to stringent carbon reduction targets, and BECCS presents a unique solution. Policies like carbon taxes, carbon credits, and emissions trading schemes incentivize the adoption of BECCS by assigning a monetary value to reducing or sequestering carbon emissions. In addition, international frameworks such as the Paris Agreement push countries t...