Waste To Energy Market: Trends, Share, Size, Growth, Opportunities, And Forecast 2018-2022

Waste to Energy (WtE) is the process of generating energy from waste. Municipal solid waste, process waste, medical waste, and agricultural waste are all used to generate energy. The waste is made up of both biomass and non-biomass materials, including paper and paperboard, food waste, plastic, glass, and metal. Waste to Energy also helps with waste management by reducing the amount of waste that ends up in landfills.

The global Waste to Energy Market is expanding due to increased demand for incineration processes and an increase in public WtE expenditure. Furthermore, an increase in consumer preference for efficient and simple WtE conversion techniques such as incineration, gasification, pyrolysis, and various biochemical treatments such as aerobic and anaerobic digestion is expected to significantly boost market growth.

Government regulations have a positive impact on the Waste to Energy Marke. These regulations promote the use of waste to energy to meet electricity needs. Several federal laws and regulations govern renewable energy grid interconnections in the United States. The Federal Power Act (FPA) grants the federal government authority over electric utilities. The Public Utility Regulatory Policy Act (PURPA) requires utilities to purchase electricity from qualifying facilities, thereby increasing competition in wholesale power markets. The Energy Policy Act allows electricity generators to participate in wholesale power markets without being subject to Securities and Exchange Commission (SEC) oversight.

The global Waste to Energy Market is divided into two sections: technology and region. The market is divided into thermal, biochemical, and other segments based on technology. The thermal process involves the high-temperature recycling of energy from MSW. Thermal technology encompasses a variety of processes, including combustion or incineration, gasification, and pyrolysis. The main distinction between these technologies is the amount of oxygen and temperature involved in the process that leads to the conversion to final products CO2 and water, or to intermediate useful products.

Chemical (esterification), bio-chemical, or thermo-chemical technologies can be used to convert waste to energy. The use of these technologies is determined by a variety of factors, including waste composition and type, calorific value, and final energy form. The energy produced is used to generate electricity and heat, which is primarily accomplished through incineration. Waste is converted into transportation fuels such as ethanol, biodiesel, and biojet fuel. Increased ethanol-to-gasoline blending is expected to boost ethanol generation market growth.