ARCHIVED INSIGHTS
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INSIGHTS / THE VIEW
Biomass Fueled Power Generation
Development and Financing Considerations
February 26, 2010
Biomass is projected to play a significant role in the push for increased renewable energy and has several attractive benefits, including the ability to divert waste from landfills and reduce emissions. Biomass is biological material derived from living organisms and can be thermally converted to useful energy and electricity generation. Currently, most biomass power plants burn mill, agricultural and/or construction wood waste. Although biomass-fueled power plants have relatively high initial capital costs, developers can benefit from current government incentives.
