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For further details, please click or add the below link to your browser:
http://www.globaldata.com/reportstore/Report.aspx?ID=The-US-Biomass-Power-
Market-Analysis-and-Forecasts-to-
2015&ReportType=Industry_Report&coreindustry=ALL&Title=Alternative_Energy
Government Support and Need for Waste Management Will Drive Growth in the
US Biomass Market
The government has introduced financial incentives to offset the high investment
needed for biomass power generation. It has introduced various subsidy and incentive
programs to compensate for as much 50% of the initial investment required. The
recently extended production tax credit (PTC) provides a tariff for each KWh produced
to the biomass power producers. To tackle the environmental concerns and handle
increasing problems with different types of wastes such as industrial waste, agricultural
waste, municipal waste etc led to biomass installations. With proper financial support
and government mandates in place biomass installations have become a more viable
option and an appropriate solution to the issue of waste management.
Feedstock Shortage and Logistical Bottlenecks are Hampering the Growth of the
US Biomass Industry
The shortage of feedstock supply has hampered the growth of the US biomass market.
To offset this issue the government is promoting cultivation of agricultural crops as
biomass inputs. They are also looking at importing feedstock to utilize the complete
potential of biomass energy and meet the current and future demand in the country.
The lack of proper logistic facilities is also leading to dearth in the feedstock availability
which is causing increase in feedstock prices.
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Market-Analysis-and-Forecasts-to-
2015&ReportType=Industry_Report&coreindustry=ALL&Title=Alternative_Energy
Wood Waste is the Most Widely Used Feedstock for Biomass Power Generation
in the US
Main feedstocks used for biomass power generation are wood waste, municipal solid
waste (MSW) and other waste. In 2009, wood waste contributed about 78.9% to the
total biomass power generation in the US. Wood waste constitutes black liquor, wood
or woodwaste solids and liquids. Municipal solid waste is another important feedstock
with 17% share in the US biomass power generation. Other waste constitutes 4.2% of
the biomass power generation in the US.
For further details, please click or add the below link to your browser:
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Market-Analysis-and-Forecasts-to-
2015&ReportType=Industry_Report&coreindustry=ALL&Title=Alternative_Energy
Contact Information:
Rajesh Gunnam
rgunnam@globaldata.com
+914066166782