September 3, 2018 - 11:52 AM EDT
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Biomass Power Generation - Worldwide Markets to 2022: Advances in Technology / Increase in Use of Wood Biomass for Distributed Energy Generation / Decline in Coal Power - ResearchAndMarkets.com

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The "Global Biomass Power Generation Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global biomass power generation market is forecast to grow at a CAGR of 6.38% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is advances in technology. The global biomass power generation market is witnessing significant advances with respect to the practices involved in biomass energy production and energy conversion technologies.

According to the report, one driver in the market is growing need for cleaner energy. One of the main disadvantages of fossil fuels is that they cause environmental issues such as global warming. Methane released from natural gas is a highly potent greenhouse gas as it can stimulate global warming at a faster rate. The growing need for reducing greenhouse gas emissions has given rise to alternative renewable energy sources such as biomass energy.

Further, the report states that one challenge in the market is increased project and feedstock costs. Costs incurred to generate electricity from biomass are comparatively higher than that of the traditional fossil fuel plants. Though the biomass power generation technologies will become more efficient in the long-term, the initial investments and cost of equipment are high.

Market Trends

  • Advances in Technology
  • Increase in Use of Wood Biomass for Distributed Energy Generation
  • Decline in Coal Power

Key Vendors

  • Ameresco
  • Babcock & Wilcox Enterprises
  • Drax Group
  • Enviva Partners
  • John Wood Group

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Feedstock

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/84g3vr/biomass_power?w=4

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Related Topics: Biofuels


Source: Business Wire (September 3, 2018 - 11:52 AM EDT)

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