Thermal and Digestion Waste-to-Energy Technologies WorldwideSBI
March 1, 2011
224 Pages - SKU: SB2847741
Market Insights: A Selection From The Report
Figure 1-8 summarizes incinerator capital costs. Bars in the figure represent average capital costs for the incinerator itself, as well as ancillaries, shown in $/kW5 and $/ton-year6 capacity. Error bars represent the minimum and maximum total (i.e., technology plus ancillary costs) values obtained during SBI’s data collection efforts. As shown, the average incinerator cost for announced projects is $8,650/kW or $1,960/Ton-Yr, whereas peak reported costs for incinerators were $13,500/kW or $2,800/Ton-Yr. These figures are higher than the capital
costs for the other thermal WtE technologies reviewed in this report. However, high cost does...
Plasma gasification technologies share many of the same characteristics of standard gasification technologies - namely, both generate syngas under low-oxygen conditions. The basic technology behind plasma gasification been around since the 1950s, however, only over the last decade has plasma gasification been developed commercially for WtE facilities. Project reviews completed for this report indicated that there are approximately 5 functioning plasma gasification facilities located worldwide, located primarily in Japan, Taiwan, and Canada, with at least two additional plants in Germany and Australia, that have been recently mothballed. All identified facilities were constructed between 2002 and 2011.
Venture Capital and Equities
[Additionally, equity investors typically acquire a share in the company/facility in which they are investing, meaning that the project sponsor must relinquish a portion of its vested interest and control. While these conditions may be unpalatable to some potential project sponsors, there is a substantial amount of capital available through these sources. For instance, global venture capital and equity financing in 2009 reached a year-long total of $6.6 billion. This rate was significantly down from a peak of $11.8 billion during 2008, prior to the effects of the global financial crisis.75 However, SBI’s review of preliminary data available for 2010 indicate that venture capital and equity financing for renewable energy, including waste to energy projects, is again climbing, and will surpass 2009 data by at least 10%.
Worldwide Waste to Energy Market Expansion Expected Through 2021; Industry to Reach $27 Billion
New York, March 10, 2011 — Across the globe humans generate more than 2 billion tons of waste annually. This waste, by way of landfill, releases host of air, water, and soil pollutants as it decays such as methane gas, carbon dioxide, volatile organic compounds, odors, and groundwater parasites. However, a closer look reveals that within this 2.1 billion tons of waste there is over 24 quadrillion Btus of energy available for harvesting; enough heat to generate about 10% of the electricity consumed annually around the globe.
Leading market research firm, SBI Energy found in their latest study, Thermal and Digestion Waste-to-Energy Technologies Worldwide that waste to energy technologies — incineration, gasification, plasma gasification, pyrolysis, and anaerobic digestion — provide a convenient solution to many of these waste management issues. So much so, that the market will grow at a rate of about 11% through 2021.
Global concern and policy actions relating to climate change are driving waste to energy technologies and support low-carbon and in some cases carbon-neutral energy production demands. As a result, the global market for waste to energy technologies has evidenced substantial growth over the last five years, increasing from $5 billion in 2006, to $7 billion in 2010 and was unaffected throughout the global economic downturn.
“Waste to energy market expansion is rooted in the waste management and in the alternative fuels/power industry. Demand for waste management solutions and for alternative energy sources thereby coalesce to drive demand for waste to energy technologies,” says Shelley Carr, SBI Energy publisher. "A significant advantage of these dual drivers is that demand for waste to energy technologies is proven resilient. As landfill availability continues to decline, the demand for waste management solutions will remain regardless of economic stresses, and will continue to drive the installation of new waste to energy facilities," Carr notes.
Over the coming decade, growth trends are expected to continue for the industry, led by expansion in the U.S., European, Chinese, and Indian markets. By 2021, Asian markets combined with the maturation of European waste management regulations and European and U.S. climate mitigation strategies, the annual global market for waste to energy technologies will exceed $27 billion, for all technologies combined.
Thermal and Digestion Waste-to-Energy Technologies Worldwide contains comprehensive data on the worldwide market for waste to energy technologies (incineration, gasification, pyrolysis and thermal depolymerization, and anaerobic digestion). The market study also reports historical market and growth in dollars (2006 - 2010), at the national level for major markets, as well as future forecast data through 2021. The report identifies key trends affecting the marketplace, along with trends driving growth, and central challenges to further market development. The report examines the strategic profiles of the waste to energy leaders in municipal solid waste and other waste management industries.
Down and Dirty: Generating Profit from Landfill Waste
Blog Submission: March 3, 2011
Humans generate tons - billions of tons - of waste each year. At over 2.1 billion tons of municipal waste annually, the world has a significant waste problem. Most of this waste is transported to landfills, where it sits, decays, and releases a suite of environmental pollutants. But there is a better way to control and reuse this waste -converting it into energy.
Locked inside the 2.1 billion tons of municipal waste that we generate each year is approximately 24.5 quadrillion Btu of energy - enough heat to meet about 10% of global annual electricity consumption. Not surprisingly, many nations including Europe, Canada, and parts of Asia, have been adding to or gearing up waste to energy operations for over a decade.
According to the most recent data available from the International Energy Agency, from 2000 to 2006, global waste to energy power production from municipal and industrial wastes increased from 283 terawatt hours to 383 terawatt hours, a 35% increase over that period.
SBI Energy recently evaluated waste to energy technologies, including incineration, gasification, plasma gasification, pyrolysis, and anaerobic digestion. SBI Energy’s in-depth analyses of the global market forecasts the market will increase from approximately $9 billion in 2011 to $27 by 2021, equivalent to a CAGR of 11%.
Historically speaking, 95% of the global waste to energy market was dominated by two technologies: incineration and anaerobic digestion. But with new advances, other technologies - specifically pyrolysis, plasma gasification, and gasification - will gain market share and together will comprise over 30% of the total waste to energy market by 2015.
Waste to Energy (WtE) Technology
SBI Energy White Paper
Incineration, the most commonly employed WtE technology both in the United States and globally, was waste management first, with energy generated more as a useful side-product or even afterthought. Only in recent decades has power generation driven demand for incinerator installations. Reducing the amount of waste that goes to a landfill or avoiding landfills altogether is a strong driver in the waste to energy (WtE) industry worldwide.
Where is this market headed, what new technologies exist and what opportunities and challenges will manufacturers and investors face in the next 10 years?
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