Global Biomass to Power Market worth $5,933M in 2016

Friday 16 September 2016, Amsterdam

This brand new Biomass to Power Market Report 2016-2026, now available on ASDReports, indicates that the global biomass market will reach CAPEX spending of $5,933m in 2016, as growth starts to escalate in Asia and Latin America. In addition, in 2016 the installed capacity amounts to nearly 97 GW of power output globally.

The lead analyst of the report commented that:

“Drivers for the production and use of biomass energy included rapidly rising energy demand in many countries and local and global environmental concerns and goals. Challenges to bioenergy deployment included low fossil fuel prices and rapidly falling energy prices of some other renewable energy sources, especially wind and solar PV. Ongoing debates about the sustainability of bioenergy, including indirect land-use change and carbon balance also affect development in the sector. Given these challenges, national policy frameworks continue to have a large influence on deployment of biomass to power technologies.”

The 186 page report contains 93 tables, charts and graphs that add visual analysis in order to explain developing trends within the biomass market. Visiongain provides global and regional forecasts for the period 2016-2026 in terms of CAPEX and MW capacity. The report also provides in-depth analysis on a total of 20 national markets. It also profiles seven leading companies operating within the market, and includes interviews with re:heat consultant Steve Luker and Dr. Ehsan Ali of the Punjab Bioenergy Institute at UAF in Pakistan.