Continuous exploration of growth potential and the soaring number of biogas project proposals awaiting approval underline the growing interest in the Asia Pacific biogas power generation markets.
New analysis from Frost & Sullivan (energy.frost.com), Asia Pacific Biogas Power Generation Markets, finds that the market earned revenues of $289.0 million in 2007 and estimates this to reach $664.7 million in 2014.
"In a move to address growing concerns over global warming and climate change, the United Nations Climate Change Conference was held in Bali, Indonesia, in December 2007, where 190 countries participated and laid out a a broad framework on how to reduce GHG emissions, a key contributor to global warming," notes Frost & Sullivan Industry Analyst Suchitra Sriram. "GHG emission, especially methane that is emitted from the waste disposed, are paving the way for the the utilization of biogas for power generation in Southeast Asia and in Australia and New Zealand (ANZ)."
Furthermore, local authorities and governments across the region are under considerable pressure to streamline the collection, disposal, and treatment of waste in order to be socially accountable to their environment and community at large. As a result, there is growing momentum towards using the organic waste disposed by agricultural and industrial processing units, livestock farms and landfill sites to generate power. Large-scale biogas power plants above 500 kW capacity are generally installed in landfill sites and sewage (wastewater) treatment facilities, whereas small-scale power plants below 500 kW capacity are largely in demand from livestock farms and agricultural residue processing sectors.
However, very high installation costs and unattractive feed-in-tariff offered by the utilities are hampering large-scale commercialization of biogas power generation in this region. Low market penetration of biogas has been attributed to the dominance of biomass power generation among the agricultural and processing end-user units.
"Well developed power infrastructure and low electricity tariffs are curbing the need for on-site captive power among the industrial end-user segment in Southeast Asia and ANZ," says Sriram. "This apart, lengthy approval processes and bureaucratic delays are impacting the economic feasibility of projects."
Being a policy driven market, biogas power generation targets need to be monitored, reviewed, and revised periodically. It is important to guide project developers on suitable technology, feedstock availability, and identifying potential opportunities for development.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the Asia Pacific biogas power generation markets, then send an email to Donna Jeremiah, Corporate Communications, at djeremiah[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by email.
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Asia Pacific Biogas Power Generation Markets P17A