The biomass power market has evolved into a key energy source on the global stage. While decentralised energy is fast gaining attention over centralized power generation, renewable energy will continue to be an attractive source of energy with biomass set to benefit. Energy system flexibility, supportive policies and frameworks and smart energy initiatives will be the game changers in the Global Biomass Power market. This study identifies regional and global growth opportunities through an in-depth analysis of the Biomass Power market with a specific focus on regions, applications, end users, and technology. Economies of scale significantly impact the cost of biomass power systems, especially across regions with high diesel fuel prices and poor grid infrastructure. Most biomass power plants in the emerging markets are likely to be captive power units.
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