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Biomass Power in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Biomass Power Market Research Report | Technology | Renewable Energy | Jan 2013

Firing up: State funding for green energy will keep the industry growing

IBISWorld’s Biomass Power market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$820m
Annual Growth 08-13
9.5%
Annual Growth 13-18
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Profit
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Employment
4,025
Businesses
67
Industry Analysis & Industry Trends

The Biomass Power industry has grown at a healthy rate in the five years to 2013. The federal government has propelled this growth with the implementation of tax credits through several pieces of legislation, including the American Recovery and Reinvestment Act of 2009, that encourage the expansion of biomass power facilities. Furthermore, the majority of states have enacted renewable portfolio standards (RPSs), which require local utilities to generate electricity from renewable power as a percentage of their total energy portfolio. Increased campaigning for green technology also has influenced industry performance by sparking interest in technologies that replace pollutant-generating energy sources, such as coal and gas.... purchase to read more

Industry Report - Industry Products Chapter

The Biomass Power industry essentially provides one product, which is electricity. However, that energy can be derived from different products in different ways. There are three main sources of biomass fuel to create energy, according to the Energy Information Administration; wood and wood waste (used in 46.2% of biomass fuel production), biofuels (43.2%) and other (10.6%). Biofuels include alcohols and biodiesel, a fuel often made from grains and animal fats. The other segment includes fruit pits, manure, corn cobs and sugar... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Biomass Power Industry?

Firms in this industry operate electricity generating facilities (other than wind power and solar power), using biomass (e.g. agricultural byproducts, landfill gas and biogenic municipal waste). Subset of report: 22111C

Industry Products
Direct-fired productionCofiring productionGasification production
 
Industry Activities
Biomass-fueled power generation


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