A biomass-fired power plant produces electricity and heat by burning biomass in a boiler.
The most common types of boilers are hot water boilers and steam boilers. Wood chips, residues and other types of biomass are used in the boilers, in the same way as coal, natural gas and oil.
Fuel is stored in a bunker for further transport to the boiler. In the boiler, water is heated to high temperature under pressure. Steam from the boiler powers the turbine, which is connected to the generator. Steam that has passed through the turbine, heats district heating water, which is distributed through the district heating network's piping.
For over 15 years the biomass market is growing rapidly. Biomass refers to products made of organic fractions and residues from forestry, agriculture and the food industry. The production of biomass can solve Biomass problems and creates jobs. It is a renewable energy source that substitutes fossil fuels. Around half of total EU energy consumption comes from heating and cooling, of which 82 percent is powered by fossil fuels. However, bioenergy is currently the leading renewable in heating and cooling (79%), representing 10 percent of EU grosses final consumption of energy.
Biomass will play a growing role as a backup, dispatch able energy source. The heating sector is the largest market segment for bioenergy consumption (66%). District heating networks carrying derived heat to individuals and businesses is also an important part of EU bio heat consumption?even essential in places like Nordic and Baltic countries. A majority of this bio power (61%) comes from CHP plants.
Currently, Thermal Technologies is the most developed and commercialized technology for Biomass fired Heating Plant conversion. However, a number of different technological configurations are already available for this purpose and, with a constant R&D; many others are envisioned to become valuable alternatives in the future. The following classification illustrates the possible methodologies which can be used in order to obtain energy from waste.
According to this study, over the next five years the Biomassfired Heating Plant market will register a 2.8% CAGR in terms of revenue, the global market size will reach USD 19800 million by 2024, from USD 17200 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Biomassfired Heating Plant business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Biomassfired Heating Plant market by product type, application, key manufacturers and key regions and countries.
This study considers the Biomassfired Heating Plant value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
?5 MW
10~20 MW
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Power Generation
Heat Distribution
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
EON
Dong Energy
Drax Group
Aalborg
Comsa
Abantia
Aker Group
Fortum Keilaniemi
Eidsiva Fjernvarme
Suez
Statkraft
EHP
VATTENFALL
ZE PAK
MGT Power
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Biomassfired Heating Plant consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Biomassfired Heating Plant market by identifying its various subsegments.
Focuses on the key global Biomassfired Heating Plant manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Biomassfired Heating Plant with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Biomassfired Heating Plant submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.