Research and Markets has announced the addition of the "Biomass Industry in China" report to their offering.
The biomass industry in China is currently at a stage of development and is supported by a Feed-in Tariff mechanism. Currently, natural gas contributes 5GW to China's total installed power generation capacity. As China targets emission cuts, the authorities closed small coal fueled power plants with a total generation capacity of over 25 million kWh in 2011.
Among the nations, US and China have the largest trade difference, as well as highest carbon emission. The IEA projects China has become the largest CO2 emitter in the world in 2010. Accelerating trade difference will also increase cost of emission globally. Naturally reducing emission is the key in future of lower carbon emission. Controlling greenhouse gases by improving biological system is the preferred method for its sustainability and superior results.
This mainly includes reducing deforestation, forestation, reforestation, composting and other agricultural practices. Though China has a substantial volume of biomass feedstock available, the high biomass power generation cost results in slowing down the growth of biomass power market. The reason for high biomass power generation costs is attributable to the lack of commercial viability of the existing systems. Further, the abundance of coal in China makes the generation costs from coal cheaper relatively.
China is expected to enhance biomass power generation using stand-alone technology systems especially in rural areas due to the easy access to biomass resources including agricultural residues and animal dung. China has built a number of biomass energy projects since the beginning of the last five-year period (spanning 2006-2010), the country still lags far behind other countries in terms of biomass energy investments and has not yet made any breakthrough in biomass energy technology. As a result, it behooves the central government to provide additional support for the industry by increasing its investment in research and development of biomass energy technologies, so as to speed up the development of the industry.
Abundance of biomass feedstock will create a market for the rapid installation of biomass power technology in parts of eastern China. According to the Asia Biomass Energy Corporation Promotion Office, the majority of existing and planned biomass power plants are found along China's east coast spread across the provinces of Jiangsu, Jilin, Henan and Shandong. The availability and easy access to biomass feedstock in eastern part of China may be the reason behind the majority of biomass power plants being located in eastern China.
Key Topics Covered:
1. Executive Summary
2. Introduction to Biomass
3. Challenges Facing the Global Power Industry & the Need for Biomass
4. Biomass Industry in China
5. Analysis of Major Players
- GCL-Poly Energy Holdings Limited
- Dragon Power Co., Ltd.
- National Bio Energy Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/zpgjw3/biomass_industry