The World Biomass Report
In this article, Adam Westwood and Bruce Knight, from Douglas-Westwood Ltd and Innovation Management, present the conclusions of the recently published study “The World Biomass Report”. The report funded is a business study jointly sponsored by Douglas-Westwood Ltd and Innovation Management.
The commercial biomass market is a dynamic one that is forecast to show significant growth over the next decade as current environmental drivers are increasingly supported by fundamental commercial ones. The most significant change is likely to come from growth in energy prices, as oil shortages and growing demand increase the costs of conventional energy and improve the competitive position of biomass as a power source. With most of the world’s oil coming from politically unstable areas, security of energy supplies will also be a growing issue that benefits biomass.
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