Biomass ‘boom’ in the world

Biomass ‘boom’ in the world

According to a study conducted by Ecoproga and Fraunhofer UMSICHT, installations of power plants from biomass energy could grow by 8 GW by 2015. Currently, the world has nearly 2,000 biomass power plants with total capacity of 22.5 GW in more than 40 countries. There are more than 1,000 active biomass power plants in Europe alone. During

According to a study conducted by Ecoproga and Fraunhofer UMSICHT, installations of power plants from biomass energy could grow by 8 GW by 2015.

Currently, the world has nearly 2,000 biomass power plants with total capacity of 22.5 GW in more than 40 countries. There are more than 1,000 active biomass power plants in Europe alone.

During the last five years, there has been put more than 800 biomass power plants in operation with a total power of over 8700 MW. Another 9,000 plants should be built by 2015.

Annual investments in new construction and maintenance should jump from the current 12.2 billion Euros up to 15.5 billion Euros.

The main reason for such growth, according to the study,  is the increased number of feed-in tariffs for electricity from biomass. The main market for biomass is still Europe, partly because of the huge amount of forests in Scandinavia. Major markets outside of Europe are Brazil, China and India.

However, the total installed capacity in Asia within the next five years could take over the European market.

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