Supply Security & Environmental Concerns to Propel Biopower Capacity to 84.1 GW by 2015, According to New Report by Global Industry Analysts

PRWeb.com
April 14, 2009

Rising concerns about global warming, volatile oil prices, and the need for energy supply security are fostering the demand for sustained power generation from renewable sources such as biomass. Driven by economic incentives, favorable government policies, and subsidies, power generation capacity of biomass and waste-to-energy facilities is expected to reach 84.1 GW by 2015.

San Jose, California (PRWEB) April 14, 2009 -- Rapidly expanding global population and fast-paced economic growth, particularly in developing countries, is propelling the demand for all forms of energy including electricity. To address the growing energy demand, countries are exploring a wide array of low-cost, environment-friendly and renewable energy resources such as biomass, biogas, and wind. Biomass is the leading source of primary energy, and the second largest renewable source of power generation after hydropower.

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