A comprehensive new report on biogas plants published by Global Industry Analysts, Inc. concludes that the world’s desire to reduce dependency on fossil fuels, heightened attention to eco-friendliness, and government incentive programmes will continue to step up investment in biogas facilities, which are forecast to $8.98 billion by the year 2017.
“Narrowing cost differentials between fossil fuels based electricity generation and biogas energy in recent years has further augmented interest in renewable resources,” says Global Industry Analysts. “Today, biogas competes on par with petroleum-based fuels in terms of performance, cost, and other additional benefits such as reduce greenhouse gas (GHG) emissions.”In terms of both consumption and production of biogas, Europe – especially Germany, followed by the UK, Italy and Spain – is ahead of other regions mainly due to increased government regulation for environment friendly initiatives. Although Europe dominates biogas production, the trend is also catching up fast in countries like Japan, Australia, New Zealand and the US. The Asia-Pacific biogas plants market is displaying strong appetite for growth, thanks to the continuous infrastructure development and business expansion in the region, especially in the emerging markets such as China and India.
Read more : http://www.renewableenergymagazine.com/energias/renovables/index/pag/biogas/colleft/colright/biogas/tip/articulo/pagid/15020/botid/76/
No comments:
Post a Comment