biomass power generation capacity could grow to represent a required total investment of $104 billion
The biomass and waste-to-energy power generation sector is expected to grow rapidly in the coming decade and is a sector that is maturing. According to the International Energy Agency, biomass feedstocks currently supply approximately 14% of global primary energy and could sustainably be produced in much higher quantities. In the UK alone, there is over 1660MW of installed bioenergy capacity, but there are nearly 3500MW of bioenergy capacity in various stages of planning. Getting this additional capacity built will be critical for the UK to meet its renewable energy targets and provide a valuable source of baseload power.
In addition to this and according to a new report from Pike Research, biomass power generation capacity could grow to represent a required total investment of $104 billion from 2008 to 2021. The bioenergy market, including biomass and waste-to-energy ...