Biomass energy market can bring in $11.5bn yearly worldwide

biomass market expands Navigant Research combined heat and power co-firing with coal onsite generation

Biomass power generation will reach $11.5 billion in yearly revenue worldwide by 2020, and could potentially brings online hundreds of megawatts per installation, according to a report from Navigant Research.

The report, “Market Data: Biomass Power Generation,” also says biopower can help optimize other industrial processes, such as combined heat and power, co-firing with coal and onsite generation for industrial facilities.

The biomass market’s expansion will be largely determined by government policies. If mandates remain in place through 2020, they could help the market expand.

To purchase the full report, click here.

Read more biomass energy news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...