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
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20180903005241/en/
Copyright Business Wire 2018
Source: Business Wire
(September 3, 2018 - 11:52 AM EDT)
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