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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 | Feb 2016

Fired up: Demand for renewable energy will keep industry plants burning bright

IBISWorld’s Biomass Power market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Covanta Covanta market share
Progress Energy Progress Energy market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 11-16
4.0%
Annual Growth 16-21
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Profit
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Employment
4,457
Businesses
141
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 - Industry Analysis Chapter

The Biomass Power industry has experienced steady growth in the five years to 2016, with biomass energy generation levels increasing over the past decade. Similar to other green energy sources, such as solar, wind and geothermal power, biomass power technology has been developing rapidly largely due to favorable government incentives that encourage renewable energy use. Companies that build and operate biomass power plants have benefited from tax credits, as well as requirements for downstream utilities to diversify energy holdings and integrate a certain percentage of renewable energy into the energy they sell... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Biomass Power Industry?

Enterprises in this industry operate electricity-generating facilities using biomass (e.g. agricultural byproducts, landfill gas and biogenic municipal waste). Establishments primarily engaged in operating trash disposal incinerators that also generate electricity are classified in the Waste Treatment and Disposal Services industry (IBISWorld 56221).

Industry Products
Direct-fired productionCofiring productionGasification production
 
Industry Activities
Generating biomass-fueled powerGenerating power from wood and wood waste powered facilities Generating power from liquid biofuel powered facilitiesGenerating power from waste powered facilities


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