Dive Brief:
- According to an analysis conducted in July 2014, biomass projects are valued at $1.3 billion on the global market.
- The report was generated using the Waste Business Finder database and cited 43 emerging biogas projects .
- The growth of biogas is being propelled by its production versatility, since agricultural waste, food waste, and forestry residues can all be used to create the fuel.
Dive Insight:
A unique aspect of biomass is that countries can specialize in the waste materials produced in their various locales. Since many waste types are readily available in virtually all countries, even developing nations can take advantage of their waste resources while producing electricity -- in a responsible manner -- to meet growing demand.
But biomass-produced gas is also viable in established markets, where technological advances are propelling its use. Anaerobic digestion and gasification both play vital roles in waste management innovation in the United States.