Research and Markets has declared the inclusion of a new report titled, “Biopower - Global Market Size, Feedstock Analysis, Regulations and Investment Analysis to 2020" in its list of offerings.
The report, prepared by GlobalData, delves in detail about the global biopower market and provides study on bio-markets of the UK, Germany, Italy, Belgium, Japan, Australia, India, Canada and the US.
The report provides forecast and historical data and offers projections up to 2020 for investments, cost of installation, power generation and installed capacity. The report includes details on the existing power generation capabilities in major countries that are leading the biopower market. It examines the renewable energy initiatives and the prevailing government procedures in countries such as the UK, Germany, Italy, Belgium, Australia, India, Canada and the US. It also discusses about various feedstocks such as municipal solid waste, sewage gas, landfill gas, industrial waste, energy crops, animal waste, and agricultural waste that are used in biopower production. These feedstocks are converted via various methods such as aerobic digestion, anaerobic digestion, pyrolysis, gasification and direct combustion.
According to the report, the bioenergy presently constitutes nearly 10%-11% of the primary energy supply of the world and most of it is used in the residential sector. The report anticipates that the global biopower industry will witness 7.4% compound annual growth rate from 2010 to 2020. It anticipates that the use of biomass will come down by 84.3%, while the use of biogas will go up by 15.7%. It also expects that the biopower production capability will go up from 64,581 MW in 2010 to 131,520 MW by 2020 and such growth will be led by Germany and the US. Supportive government policies will form the basis for the growth of global biopower market.