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Biomass Electricity Market Demand | Industry Size & Trends | Emerging Drivers | Upcoming Opportunities| Global Forecast 2022-2030
Biomass Electricity Market
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The biomass electricity market reached a value of nearly $33,107.6 million in 2020, having increased at a compound annual growth rate (CAGR) of 1.9% since 2015. The market is expected to grow from $33,107.6 million in 2020 to $50,256.0 million in 2025 at a rate of 8.7%. The market is then expected to grow at a CAGR of 7.0% from 2025 and reach $73,331.9 million in 2030.
The biomass electricity market consists of sales of biomass power by entities (organizations, sole traders and partnerships) that convert biomass into electrical energy. The biomass electric power generation industry includes establishments that operate biomass electric power generation facilities which produce electricity generated from renewable organic waste that comes from plants and animals. These facilities use biomass, such as wood, waste, and alcohol fuels to produce electrical energy. In biomass power plants, wood waste or other is processed to make electricity, or to provide heat to industries and homes.
The electrical energy generated is then supplied to electric power transmission systems, which are used to move large quantities of power from generating facilities to substations, and to distribution systems, which are used for short distances to transport electricity to customers locally.
Biomass Electricity Market Segmentation:
1. By Feedstock: Solid Biomass, Biogas, Municipal Solid Waste, Liquid Biomass
2. By End-User: Household, Industrial, Government, Others
3. By Technology: Anaerobic Digestion, Combustion, Co-Firing, Gasification, Landfill Gas
Some of the key players involved in the biomass electricity market are Drax Group, EPH, Engie, EDF, Iberdrola.
The regions covered in the global biomass electricity market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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A Few Points From The Table Of Content
1. Biomass Electricity Market Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction
……
21. Key Mergers And Acquisitions In The Biomass Electricity Market
22. Global Biomass Electricity Market Opportunities And Strategies
23. Biomass Electricity Market, Conclusions And Recommendations
24. Appendix
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