Navigation Links
Frost & Sullivan: Renewable Energy Targets Help Sustain European Biopower Market amid Economic Uncertainty
Date:7/3/2013

LONDON, July 4, 2013 /PRNewswire/ --  Europe's aim to produce 20 percent of its total power from renewable sources by 2020 will sustain the region's biomass and biogas power market. Although biomass and biogas installed capacity will widen as a new wave of coal-to-biomass power plant conversions gains momentum, year-on-year revenue growth is likely to decrease.

New analysis from Frost & Sullivan (http://www.energy.frost.com), Opportunities in the Biomass and Biogas Power Market in Europe, finds that the market earned revenues of euro 3.33 billion in 2012 and estimates this to reach euro 3.77 billion in 2017.

"Biopower plants are increasingly preferred as a source for large-scale power generation owing to their low capital requirements," said Frost & Sullivan Energy and Environmental Research Analyst Ashay Abbhi. "Their efficiency, longer operational times, and reliability further boost their popularity over other sources of renewable power generation."

While advances in biomass and biogas power generation will be vital to Europe achieving its ambitious 2020 target, deteriorating economic conditions in the continent have limited market expansion. Countries have cut down or even stopped subsidies for power generation from biomass and biogas, jeopardising the prospects of plant owners.

The lack of steady raw material supply in the region poses another challenge. High-demand customers are willing to pay more to keep their power plants running, which triggers a rise in feedstock and equipment prices, affecting profitability. The withdrawal of government incentive schemes further dampens revenues.

"Government support is necessary for technology development, especially as constant innovation will enable a reduction in capital expenditure," observed Abbhi. "For now, the conversion of coal power plants to biomass plants will be the strongest market trend as it requires far less investment than setting up a greenfield biopower plant."

Going forward, the Western European biopower market, which is dominated by countries such as Germany and the United Kingdom, will slowly give way to opportunities in the developing Central and Eastern Europe markets. Poland is expected to be a hotspot in this region.

If you are interested in more information on this research, please send an e-mail to Chiara Carella, Corporate Communications, at chiara.carella@frost.com, with your full contact details.

Opportunities in the Biomass and Biogas Power Market in Europe is part of the Energy & Power Growth Partnership Service program. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on "the next big thing"

Register:         Gain access to visionary innovation

Opportunities in the Biomass and Biogas Power Market in Europe
M933-14

Contact:
Chiara Carella
Corporate Communications – Europe
P: +44 (0) 20 7343 8314
M: +44 (0) 753 3017689
E: chiara.carella@frost.com

http://www.frost.com


'/>"/>
SOURCE Frost & Sullivan
Copyright©2012 PR Newswire.
All rights reserved

Related biology news :

1. Heightened Security Threats and Economic Issues Provide Fillip to Global Civil and Military Biometrics Market, Says Frost & Sullivan
2. Increased Focus on Security Bolsters Growth of Biometrics Market in Asia-Pacific, Finds Frost & Sullivan
3. Cross Match Technologies Undoubtedly Offers the Highest Value to Customers in the North American Biometrics Market, Says Frost & Sullivan
4. Government Emerges As the Biggest Spender on Biometrics in the SEA and ANZ Markets, Finds Frost & Sullivan
5. Frost & Sullivan Applauds geneOnyx for its DNA Testing Solution for the Personalized Cosmeceuticals Market
6. Monarch butterflies down again this year as decline continues, says Texas A&M expert
7. Innovative cell printing technologies hold promise for tissue engineering R&D
8. LSUHSC research finds HPV-related head & neck cancers rising, highest in middle-aged white men
9. MedNet Solutions to Demonstrate Its Innovative Suite of eClinical Solutions at the 2012 Bio-IT World Conference & Expo
10. Scripps Research Institute Professor Gerald F. Joyce elected to American Academy of Arts & Sciences
11. NJIT, Chinas Bengbu Glass Institute sign agreement for R&D, training
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/22/2016)... , June 22, 2016 On Monday, ... call to industry to share solutions for the Biometric ... U.S. Customs and Border Protection (CBP), explains that CBP ... are departing the United States , ... and to defeat imposters. Logo - ...
(Date:6/20/2016)... , June 20, 2016 Securus ... justice technology solutions for public safety, investigation, corrections ... the prisons involved, it has secured the final ... (DOC) facilities for Managed Access Systems (MAS) installed. ... additional facilities to be installed by October, 2016. ...
(Date:6/15/2016)... June 15, 2016 Transparency ... titled "Gesture Recognition Market by Application Market - Global Industry Analysis ... 2024". According to the report, the  global gesture recognition ... 2015 and is estimated to grow at a ... by 2024.  Increasing application of gesture ...
Breaking Biology News(10 mins):
(Date:6/24/2016)... , June 24, 2016 Epic Sciences ... detects cancers susceptible to PARP inhibitors by targeting ... cells (CTCs). The new test has already been ... in multiple cancer types. Over 230 ... damage response pathways, including PARP, ATM, ATR, DNA-PK ...
(Date:6/24/2016)... ... , ... Researchers at the Universita Politecnica delle Marche in Ancona combed medical ... mesothelioma. Their findings are the subject of a new article on the Surviving Mesothelioma ... in the blood, lung fluid or tissue of mesothelioma patients that can help point ...
(Date:6/23/2016)... ... 23, 2016 , ... UAS LifeSciences, one of the leading ... UP4™ Probiotics, into Target stores nationwide. The company, which has been manufacturing high ... its list of well-respected retailers. This list includes such fine stores as Whole ...
(Date:6/23/2016)... 2016 /PRNewswire/ - FACIT has announced the creation ... biotechnology company, Propellon Therapeutics Inc. ("Propellon" or "the ... a portfolio of first-in-class WDR5 inhibitors for the ... WDR5 represent an exciting class of therapies, possessing ... for cancer patients. Substantial advances have been achieved ...
Breaking Biology Technology: