Dive summary:
- A report from Visiongain, a U.K.-based information group, announced they expect the waste-to-energy market to reach $7.4 billion this year and $29 billion by 2015.
- Waste-to-energy ventures are normally more expensive than creating and filling a landfill; therefore, the group expects more and more governments to step in and provide initial financial assistance.
- Thermal waste-to-energy is projected to be at the top of the growth projection with biological waste-to-energy shortly behind.
From the article:
A new report from the UK-based information group Visiongain has determined that the value of the global waste-to-energy market (MSW conversion to electricity/heat) will reach $7.4 billion in 2013.
The report, The Waste-to-Energy Market 2013-2023, examines challenges such as unsustainable landfilling, methane emissions reduction, growing waste volumes and lack of space as key factors in driving the growth of new waste-to-energy facilities. ...
