Overall Market Status and Drivers

Both the EU and many countries outside the EU have set goals regarding proportions of renewable energy, and this has driven demand for solutions for the production of renewable energy. At a national level these goals have been implemented in various forms. In some countries, higher electricity tariffs for sustainably generated electricity have been offered. In other countries tax reductions are offered, or systems involving allocation and trading in various certificate systems, such as in Sweden.

Furthermore, increased fossil prices have contributed to making combined heat and power plants based on biomass more competitive and in demand.

marketBiomass utilization globally and in the EU has increased sharply in recent years and according to statistics from Eurostat, the total amount of electricity and heating extracted within the EU via combined heat and power plants based on biomass is expected to double from 2010 to 2020.