Power plants fueled by biomass likely will rake in an estimated $11.5 billion a year in revenues worldwide by 2020, according to a new study from Boulder’s Navigant Research.
Biomass is defined as any organic material that can be burned and used as a fuel source, including switchgrass, corn stalks and woody residue.
Burning biomass to produce electricity offers several advantages, according to Navigant.
It can be burned on demand, to produce electricity that’s dispatchable — meaning it’s…
Power plants fueled by biomass likely will rake in an estimated $11.5 billion a year in revenues worldwide by 2020, according to a new study from Boulder’s Navigant Research.
Biomass is defined as any organic material that can be burned and used as a fuel source, including switchgrass, corn stalks and woody residue.
Burning biomass to produce electricity offers several advantages, according to Navigant.
It can be burned on demand, to produce electricity that’s dispatchable — meaning it’s…
