Industry Analysis & Industry Trends
The Biomass Power industry has grown at a healthy rate in the five years to 2016. The industry's expansion has been propelled in part by several federal renewable energy tax credits that encouraged the use of biomass power. In the coming years, continued economic recovery will spur growth in manufacturing and industrial production sectors, increasing the level of electricity consumption and translating to higher demand for biomass power.... purchase to read more
Industry Report - Starting a New Business Chapter
Potential entrants into the Biomass Power industry face relatively high barriers because they must have large amounts of capital and significant expertise to enter the industry. The large amounts of capital are necessary for the construction of the power plant, which is often a huge expense. However, after the initial construction, the fuels required to generate electricity cost significantly less than other forms of energy.
The electricity generation industry is relatively well established, which further increases barriers to entry. Most companies are large and have long-term contracts with upstream and downstream industries... purchase to read more