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North American Biomass for Power Generation Market
Frost & Sullivan, May 2008, Pages: 79
This Frost & Sullivan research service on the North American Biomass for Power Generation Market provides detailed insights into the major market drivers, restraints, challenges, and strategic recommendations, along with a complete analysis of the top industry participants and competitive factors. It also offers price trends such as capital and generation costs. In this research, Frost & Sullivan's expert analysts thoroughly examine the following technologies: thermochemical (combustion, gasification, and pyrolysis) and bacterial technologies (anaerobic digestion).
Technologies
The following technologies are covered in this research:
- Combustion
- Gasification and pyrolysis
- Anaerobic digestion
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
By Geographic Region:
- Canada
- The United States
Market Overview
Increased Cost of Conventional Energy Spurs Demand for Biomass Power in North America
As the price of conventional energy rises because of high input costs, there has been a greater demand for energy from renewable sources such as biomass. With the United States importing 60 percent of its fossil fuel requirements, there is a need to reduce import dependency as well. Biomass power plants have become more efficient besides qualifying for federal and state subsidies, thereby becoming cost competitive against conventional plants. As the cost of transporting feedstock biomass can be high, it is more economical to have decentralized power plants near the source of biomass. Since there is lack of experience and familiarity among policy makers, local authorities, and resource owners about biomass power plants, the demonstration of successful or best practice examples of biomass facilities will help build public confidence and increase market growth.
'Competitive and efficient biomass production, collection, and conversion technologies can make an extensive contribution to the energy mix of countries and reduce their dependency on fossil fuels,' says the analyst of this research. 'Biomass for power generation is a proven electricity-generation alternative in the North American energy sector, and is the single-largest source of non-hydro renewable electricity.' A major portion of biomass power is generated from the paper and wood product industry as well as waste-to-energy projects.
Growing Need for a Solution to Municipal Solid Waste Disposal Boosts Biomass Power Generation
With landfills receiving negative publicity, there is an increasing need to find alternate ways to dispose of municipal solid waste (MSW). In North America, landfill legislations and increasing waste volumes, among other factors, are forcing countries to rethink their waste management strategies and develop more cost-effective, sustainable solutions. Moreover, landfills are rapidly filling up and running out of capacity, and tipping fees are steadily increasing. An efficient and effective solution is to convert MSW into electricity using biomass power plants.
'However, waste-to-energy is a technology that has been met with much opposition,' notes the analyst. 'Hence, it is essential to make public relations and educational tools an integral part of the project; proper staffing and budget also have to be allocated in an effort to minimize the risk of delays or even cancellation of new projects.' Public awareness will help in the large-scale establishment of such plants. This will lead to a gradual suspension of the concept of electricity generation from fossil fuels.
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