Market Data: Renewable Natural Gas: Distributed Biogas Production, Upgrades, and Electricity Generation for Power and Transportation Applications
LONDON, Sept. 30, 2015 /PRNewswire/ -- Biogas power generation is widely utilized for onsite generation by industrial-scale facilities and distributed customers alike. Offering reliable baseload power to the grid, biogas enjoys favorable regulatory support in many national markets and is expected to play a significant role in meeting expanding renewable energy targets. While biogas feedstocks are available worldwide, logistical challenges make power and fuel generation from biogas viable in only a narrow set of circumstances—where organic matter is available in large quantities and in continuous supply.
In the long term, higher growth in the biogas market will depend on a combination of technical improvements and the sector's ability to find and develop untapped opportunities. The latter is key, as the industry's natural fragmentation means that significant efforts are necessary for new markets—either regional or new end uses like transportation—to reach a point in which all stakeholders are aligned. On the technical side, breakthroughs in feedstock conversion rates and innovation around control systems are necessary to improve the competitiveness of biogas and unlock the potential of higher-cost resources. According to Navigant Research, global cumulative revenue from investment in biogas production capacity is expected to reach $25.8 billion between 2015 and 2024.
This Navigant Research report analyzes the global biogas market, focusing on four feedstock sources: waste, industrial, agricultural, and sewage. Policy issues and market drivers are detailed for each region. Global market forecasts for capacity and revenue, segmented by feedstock source, end use (electricity, renewable natural gas injection, and transport), region, and selected country, extend through 2024. The report also includes a discussion of key inflection points that will help shape the biogas market over the next several years.
Key Questions Addressed:
How much biogas production capacity will be installed worldwide from 2015 to 2024?
How much renewable natural gas (RNG) production capacity will be installed worldwide from 2015 to 2024?
How much biogas electricity generation capacity will be installed worldwide from 2015 to 2024?
What are the four major feedstock sources of biogas, and how will the percentage of each vary by region?
What policies are in place worldwide to support biogas industry growth?
Which end use will be the high growth market the industry wants: electricity, RNG injection, or transportation?
What is the forecast for biogas revenue through 2024 by market segment and region?
Who needs this report?
Biogas project developers
Biogas equipment manufacturers
Engineering, procurement, and construction (EPC) firms
Utilities
Integrated oil companies
Government agencies and policymakers
Investor community
Download the full report: https://www.reportbuyer.com/product/3307059/
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SOURCE ReportBuyer
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