Government Support Fuels Biomass Electricity Market Growth: A Key Driver Powering Biomass Electricity Market Growth In 2025

The Biomass Electricity Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Biomass Electricity Market Size and Its Estimated Growth Rate?
The market size for biomass electricity has seen substantial growth in the past few years. It is projected to increase from $56.53 billion in 2024 to $60.39 billion in 2025, with a compound annual growth rate (CAGR) of 6.8%. This growth in the historic period can be credited to the emergence of new markets, government incentives, low-interest rates, and the substantial environmental impact of traditional power generation sources.

The size of the biomass electricity market is projected to experience substantial growth in the coming years, reaching $75.71 billion in 2029 with a compound annual growth rate (CAGR) of 5.8%. The expansion in the projected timeframe can be credited to the growth in the global population and urbanization, increase in investment for renewable power generation, initiatives to reduce dependence on foreign oil, and the exploration of alternative power generation sources. Noteworthy future trends entail adopting carbon capture and storage procedures for bioenergy to cutdown emissions, shifting from conventional boilers to amplify efficiency and lower carbon emissions, implementing anaerobic digestion plants to minimize emissions, financially backing and innovating new waste-to-energy technologies, emphasis on providing services via digital marketplaces, and investing in artificial intelligence technologies to improve biomass preprocessing.

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How Are Emerging Segments Shaping the Biomass Electricity Market Landscape?
The biomass electricity market covered in this report is segmented -

1) By Feedstock: Solid Biomass, Biogas, Municipal Solid Waste, Liquid Biomass
2) By Technology: Anaerobic Digestion, Combustion, Co-Firing, Gasification, Landfill Gas
3) By End-User: Households, Industrial Sector, Government Sector, Other End Users

Subsegments:
1) By Solid Biomass: Wood Pellets, Agricultural Residues, Wood Chips, Energy Crops
2) By Biogas: Anaerobic Digestion Products, Landfill Gas, Wastewater Treatment Biogas
3) By Municipal Solid Waste: Organic Waste, Recyclable Materials, Non-recyclable Residuals
4) By Liquid Biomass: Biodiesel, Bioethanol, Other Biofuels

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Which Growth Factors Are Influencing Biomass Electricity Market Expansion?
The surge in governmental backing through multiple subsidies and policies is spurring the growth of the biomass electricity market. The mounting apprehension surrounding climate change and the escalating amounts of greenhouse gases in the atmosphere, caused by burning fossil fuels like coal and oil, has prompted the establishment of new government policies promoting sustainable power production. For instance, in India, under its National Biogas and Manure Management Programme (NBMMP), the Ministry of new and renewable energy grants subsidies for the construction of mainly family-type biogas plants for rural and semi-urban households. This programme is executed by State Nodal Departments/State Nodal Agencies, Khadi and Village Industries Commission (KVIC), Biogas Development and Training Centers (BDTC), and offers subsidies up to Rs. 17,000 ($230) for the establishment of biogas plants.

Who Are the Dominant Players Across Different Biomass Electricity Market Segments?
Major companies operating in the biomass electricity market include Drax Group, EPH, Engie, EDF, Iberdrola, Acciona SA, RWE, Ørsted A/S, CEZ, Babcock and Wilcox, GGE Power, EnviTec Biogas AG, First Biogas International AG, Shenzhen Puxin Science & Technology Co. LTD, Mingshuo Environment Technology Group Co. Ltd., Clarke Energy, Seko Industries Srl, HC Energy, Agraferm Technologies AG, LMS Energy, Drax Power Limited, EDF Energy, E. ON UK, Enercon, Nordez, Repower, Wartsila Corporation, Suez Water, Ramboll, Graanul Invest Group, NaftoGaz Group, Iogen Corporation, Renewable Energy Group, Pond Technologies, Bio-Enpower Inc, Ag-West Bio, Airscience Technologies Inc. (Biogas), Ameresco Inc., Enviva Partners LP, N-Viro International Corporation, SolaGen Incorporated, FSE Energy Inc., BioDrill, Biomass Thermal Energy Council (BTEC), Taylor Biomass Energy LLC (TBE), American Biocarbon LLC., W2E, Carbon Green, Geradora de Energia Eletrica Alegrete, Liberty Green Renewables LLC, Usina Mandu, Brasil Biomassa e Energia Renovavel, Sonangol Group

What Are the Latest Developing Trends in the Biomass Electricity Market?
Businesses operating in the biomass electricity industry are inventing novel ways to generate electricity, predominantly via hybrid biogas plants, which bring together biogas and other sustainable energy sources like solar energy. The merging of solar energy and biogas lowers both the operational costs and the effort needed to manage the waste products originating from farms. Taking this adoption further, a new biogas power plant came into functioning in Sagamihara, Japan, in August 2023. This plant annually generates 1.9 million Nm3 biogas derived from pig feed waste and food waste by making use of anaerobic digestion. The power plant utilizes a combined heat and power (CHP) setup to create electricity and heat, which then goes into the grid and supports the plant's operation.

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Which Geographic Regions Are Expected to Dominate the Biomass Electricity Market in the Coming Years?
Western Europe was the largest region in the biomass electricity market in 2024. Asia-Pacific was the second-largest region in the global biomass market analysis. The regions covered in the biomass electricity market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Biomass Electricity Market?
2. What is the CAGR expected in the Biomass Electricity Market?
3. What Are the Key Innovations Transforming the Biomass Electricity Industry?
4. Which Region Is Leading the Biomass Electricity Market?

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