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Rising Municipal Solid Waste Generation Fuelling the Municipal Solid Waste-to-Energy Market Notes Frost & Sullivan - Extensive technology adoption and better collection efficiency of municipal solid waste (MSW) could help the Indian municipal solid waste-to-energy market register a compound annual growth rate (CAGR) of 9.7 by 2013
Rising Municipal Solid Waste Generation Fuelling the Municipal Solid Waste-to-Energy Market Notes Frost & Sullivan

 

NewswireToday - /newswire/ - Mumbai, India, 2011/03/29 - Extensive technology adoption and better collection efficiency of municipal solid waste (MSW) could help the Indian municipal solid waste-to-energy market register a compound annual growth rate (CAGR) of 9.7 by 2013.

   
 
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The increase in the quantity of waste generated, coupled with the need for a proper means of waste disposal, offers significant growth opportunities to the market.

New analysis from Frost & Sullivan (environmental.frost.com), Analysis of Municipal Solid Waste-to-Energy Market in India, finds that the market generated 821.35 MW in 2009 and estimates this to reach 1,191.31 MW in 2013. The study finds that refuse-derived fuel (RDF) pelletisation has been a common practice in many plants, and it is expected to remain the preferred solution for non-biodegradable waste.

The shrinkage of the landfill capacity has compelled municipalities to explore other methods of waste disposal and treatment; however, the technological and commercial viability of the waste-to-energy projects needs to be proven. Private participants in India have shown considerable interest in municipal solid waste-to-energy projects, and several of them are operational by using diverse technologies, despite the lack of subsidies and support from the government and municipal authorities.

The government is expected to sit up and take note of the waste-to-energy solutions sooner than later, as the country is currently facing a power shortage of about 30-50GW (as of January 2010). The Ministry of New and Renewable Energy (MNRE) is working toward achieving energy security by tapping renewable sources, which has made energy generation from MSW an attractive option.

"Over the years, the volatility in the prices of natural gas or fossil fuel has forced countries to start focusing on other renewable forms of energy," says Frost & Sullivan "Apart from generating heat and electricity, waste-to-energy conversion helps in solving the waste disposal problem."

Waste-to-energy projects enable companies to generate revenues not only from electricity production, but also from the sale of carbon credits.

The biggest hurdle to success in this market is the opposition that companies are likely to face from environmental activists and non-governmental organizations (NGOs). Delays in the approval of waste-to-energy projects also affect market profitability.

Companies can try to minimize the impact of these issues on their growth rates by selecting technologies based on the characteristics of the waste material and availability of funds. The government must try to harness the potential of this market by providing tipping fees and subsidies to plant operators.

"Community incentives need to be offered to those organizing the collection and segregation services for waste-to-energy facilities," notes Frost & Sullivan. "Regulatory measures to exempt levies and taxes on entities and entrepreneurs that are transporting and processing waste for energy production will also greatly bolster the market."

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an email to Ravinder Kaur/ Priya George, Corporate Communications, at ravinder.kaur[.]frost.com/ priyag[.]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, a brochure will be sent to you by email.

Analysis of Municipal Solid Waste-to-Energy Market in India is part of the Environmental Growth Partnership Services program, which also includes research in the following markets: Assessment of Indian Water and Wastewater Services Market, Assessment of Wastewater Recycle and Reuse Equipment Market in India, Market Study on Indian Air Pollution Control Equipment, Study on the Indian Waste Management Services Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Analysis of Municipal Solid Waste-to-Energy Market in India / P499-15

Contact:
Tanu Chopra, Corporate Communications - Middle East
M: +91 98204 80089 / P: +91 22 66072037 / E: tanuc[.]frost.com.

Nimisha Iyer, Corporate Communications - South Asia & Middle East
M: +91 98200 50519 / P: +91 22 66072004 / E: niyer[.]frost.com.

 
 
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Rising Municipal Solid Waste Generation Fuelling the Municipal Solid Waste-to-Energy Market Notes Frost & Sullivan

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