Bio
energy is a renewable source of energy that is made available from materials
derived from biological sources. Biomass is a matter derived from plants
and animals available on renewable basis. It includes wood and agricultural
crops, wood waste, sugarcane, municipal organic waste, manure, etc. Bio energy
is derived after bio mass conversion which can be used as fuel or can be
processed first into gases and liquids and then used to produce bio energy. It
is energy produced by the living organism or recently living bio organisms and
by their metabolic byproducts.
The
combustion of biomass generates pollution like other methods used to generate
energy. The burning of biofuels doesn’t result in net increase of carbon
dioxide as the carbon in the biofuels was extracted by growing plants in the
environment. Some of the agricultural products are specifically grown for
producing bio energy called as feedstock. Feedstock is generally converted into
liquid fuel which can be further used easily. It generally includes corn &
soybeans, flaxseed and rapeseed which are primarily grown in the United States
and in Europe.
Globally, the demand
for energy is increasing continuously. One of the solutions to supply is bio energy
which is emerging with the demand. Growing concern on reducing the green house
gas under the Kyoto Protocol has promoted the use of conventional sources of
energy such as bio mass and bio energy. Also the increasing prices of the
various sources of energy and reducing fossils has driven the market for bio
energy. Bio energy contributes to spread the energy mix and there is variety of
feedstock for bio energy.
Some of the factors
driving the market for bio energy also include concern about energy independence,
energy security and environmental impacts which are associated with the use of
non-renewable sources of energy. It is also considered as a tool to stimulate
rural development and provide new market to forestry and agricultural sectors.
With the increasing interest in the bio energy market there are also many
challenges related to knowledge, economics and technology. The burning of
forest biomass is opposed by many environmental groups as the carbon produced
increases the green house gas emissions. The growing demand for energy and the
need for electricity are some of the opportunities for the bio mass market.
Since Bio energy is the
energy which is derived from the conversion of bio mass. Bio mass are mainly
are of two types namely raw bio mass and secondary biomass. Raw biomass
includes agricultural and forestry products such as crops, manure, grasses and
aquatic products. And secondary biomass includes material that comes from
processed raw biomass such as cotton, paper, natural rubber, cooking oil and
card board. The Bio energy can be segmented into two parts that is liquid
biofuels and solid biofuels. The liquid biofuels have seen a high demand in the
market as it can be used to replace petroleum based systems and transports.
Solid biofuels includes wood, manure and charcoal which can be burned for heat
or used to produce electricity. Bio energy such as liquid biofuels has
attracted much investment globally as they have several applications majorly in
industries and automobiles. Many countries such as the US, UK, Mauritius and in
South-east Asia have used agricultural waste to produce electricity.
Some of the key players
in the bio mass energy sector are Solazyme, Kior, LanzaTech, Honeywell UOP,
Novozymes, POET, Gevo and Sapphire Energy among others. Some of the new
entrants in this field includes DSM, Butamax, Boeing, Renewable Energy Group,
Valero, Ensyn and Fiberight.
For PDF :- Bio Energy Market
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- Asia Pacific
- Europe
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