The "Biomass Power Generation - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Biomass Power Generation was valued at US$90.8 Billion in 2024 and is projected to reach US$116.6 Billion by 2030, growing at a CAGR of 4.3% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Biomass power generation has emerged as a vital component of the global renewable energy mix, offering a sustainable solution to meet rising electricity demand while reducing carbon emissions. Derived from organic materials such as wood pellets, agricultural residues, and municipal solid waste, biomass serves as a renewable alternative to fossil fuels in electricity production. The increasing push toward decarbonization and energy security is driving governments and industries to invest in biomass power plants, ensuring a steady transition toward cleaner energy sources.

The demand for biomass power is particularly strong in regions that aim to diversify their energy sources and reduce dependence on coal and natural gas. Europe, North America, and parts of Asia-Pacific have implemented favorable policies to support biomass adoption, offering incentives such as feed-in tariffs, renewable energy credits, and carbon tax exemptions. Additionally, technological advancements in biomass combustion, gasification, and co-firing techniques are improving energy efficiency, making biomass a more competitive and viable option in the global energy market.

What Are the Key Growth Drivers for the Biomass Power Generation Market?

The growth in the Biomass Power Generation market is driven by several factors including increasing government policies supporting renewable energy adoption, advancements in biomass conversion technologies, and the rising demand for sustainable energy solutions. The implementation of carbon pricing mechanisms and emission reduction targets is further incentivizing industries to shift toward biomass-based power generation.

Additionally, the expanding availability of agricultural and forestry residues is ensuring a stable biomass feedstock supply, reducing concerns about resource scarcity. The growing interest in bioenergy as part of the broader energy transition strategy is also fostering investments in new biomass projects and infrastructure development. As industries and governments continue to prioritize sustainability and energy diversification, the biomass power generation market is expected to witness steady growth, cementing its role in the global renewable energy landscape.

How Are Technological Advancements Enhancing Biomass Power Generation?

Significant progress in biomass power technologies is driving efficiency improvements and expanding the application of biomass in large-scale power generation. Modern biomass power plants are integrating advanced gasification processes, which convert organic feedstock into a cleaner and more efficient syngas, reducing greenhouse gas emissions and enhancing power output. Moreover, combined heat and power (CHP) systems are becoming increasingly popular, allowing biomass plants to generate electricity while simultaneously producing useful heat for industrial and residential use.

Another crucial advancement in biomass power generation is the development of torrefaction technology, which enhances the energy density and storage capabilities of biomass fuels. Torrefied biomass exhibits properties similar to coal, making it easier to transport and co-fire with traditional fossil fuels in existing power plants. Additionally, the integration of carbon capture and storage (CCS) solutions in biomass facilities is helping mitigate environmental concerns, positioning biomass as a carbon-neutral or even carbon-negative energy source. These innovations are strengthening the role of biomass power generation in the transition toward a low-carbon future.

What Market Trends Are Driving the Growth of Biomass Power Generation?

One of the most significant trends shaping the biomass power generation market is the increasing use of waste-to-energy (WTE) technologies. Governments and municipalities worldwide are investing in biomass-based WTE plants to address growing waste management challenges while simultaneously generating electricity. This trend aligns with the circular economy concept, promoting sustainable resource utilization and reducing landfill dependence.

Another key market trend is the growing collaboration between utilities, independent power producers (IPPs), and agricultural industries. Biomass co-firing with coal is gaining traction as a transitional strategy to reduce carbon emissions without completely phasing out existing coal power infrastructure. Furthermore, the expansion of distributed biomass power systems in rural and off-grid regions is supporting energy access initiatives, particularly in developing countries. With advancements in biomass fuel logistics and supply chain management, biomass power generation is becoming more scalable and commercially viable across diverse geographic regions.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as ACCIONA SA, Babcock & Wilcox Enterprises Inc., Belgian Eco Energy (BEE), D.E.S.I Power, Drax Group and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Forest Waste Feedstock segment, which is expected to reach US$51 Billion by 2030 with a CAGR of 3.7%. The Agriculture Waste Feedstock segment is also set to grow at 4.7% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $6.6 Billion in 2024, and China, forecasted to grow at an impressive 5.4% CAGR to reach $25.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Scope

• Segments: Feedstock Type (Forest Waste Feedstock, Agriculture Waste Feedstock, Animal Waste Feedstock, Municipal Waste Feedstock, Other Feedstock Types); Technology (Combustion Technology, Gasification Technology, Anaerobic Digestion Technology, Other Technologies); Fuel (Solid Fuel, Liquid Fuel, Gaseous Fuel); End-Use (Industrial End-Use, Commercial End-Use, Residential End-Use, Other End-Uses).
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Attributes:

MARKET OVERVIEW

• Why Biomass Power Generation Can be a Game Changer in Climate Conversations?
• As Waste Mounts into a Global Crisis, What Can be Better than Weaponizing it Against Climate Change: Municipal Solid Waste Generated Worldwide (In Million Tonnes) for Years 2020, 2030, 2040 and 2050
• Biomass Power Generation - Global Key Competitors Percentage Market Share in 2025 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
• Biomass Power Generation: A Prelude
• Recent Market Activity
• Domain Expert Insights

MARKET TRENDS & DRIVERS

• Global Shift Toward Renewable Energy Diversification Throws the Spotlight on Biomass Power Generation
• World Energy Generation by Energy Source: 2023
• World Energy Generation by Renewable Technologies: 2022 & 2030
• US Renewable Energy Supply by Source: 2025
• Green Bonds Remain a Critical Lifeline for Biomass Infrastructure Financing
• As the Green Bond Market Grows, the Challenge is to Find Ways to Channel These Funds Into the Biomass Power Generation Sector: Global Green Bonds Market (In US$ Billion) for Years 2025, 2027, 2029, 2031 and 2033
• Government Subsidies and Feed-in Tariff Programs Drive Expansion of Grid-Connected Biomass Projects
• Biomass Conversion Innovations Expedite Transition towards Greener Future
• Biomass Meets AI for Bioenergy Revolution & Path to Net-Zero
• Expansion of Industrial CHP (Combined Heat and Power) Applications Enhances Efficiency of Biomass Energy Use
• Technological Advancements in Gasification and Pyrolysis Systems Expand Thermal Conversion Efficiency
• Growth in Decentralized and Rural Electrification Projects Drives Demand for Biomass Mini-Grids
• Growth in Anaerobic Digestion Projects Fuels Synergies With Biomass Energy Systems
• Regulatory Incentives for Carbon-Neutral and Negative-Emission Technologies Fuel Biomass Adoption
• Global CO2 Emissions (In Billion Metric Tons) for Years 1960, 1970, 1980, 1990, 2000, 2010, 2020, 2021, 2022, 2023 and 2024
• Rising Focus on Agricultural and Forestry Waste Utilization Strengthens Case for Biomass Energy Deployment

FOCUS ON SELECT PLAYERS: Some of the 65 companies featured in this Biomass Power Generation market report include:

• ACCIONA SA
• Babcock & Wilcox Enterprises Inc.
• Belgian Eco Energy (BEE)
• D.E.S.I Power
• Drax Group
• EDF
• Energeticky a prumyslovy holding, a.s. (EPH)
• ENGIE Group
• Orsted A/S
• RENOVA, Inc.
• RWE
• Statkraft AS
• Vattenfall AB
• Veolia Environnement S.A.
• Xcel Energy Inc.

For more information about this report visit https://www.researchandmarkets.com/r/lwwjlv

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