What is the potential to increase regional supply for biomass from forest and other sources and what actions are being taken to release the potential? The key to the future development of European biomass markets resides in the region's supply potential and how well it can mobilize new sources of supply, such as forest residues, agricultural residues and energy crops. Three scenarios for the mobilization of new supply sources by 2020, are included for each region in European Biomass Review. A cost-curve analysis for each region and each scenario illustrates the implications for biomass pricing and imports.
While technologies such as wind, solar and geothermal are developing rapidly, lignocellulosic biomass is currently the largest renewable energy source (RES) and remains attractive due to its relative abundance and reliable supply. The economics of biomass versus other RES is analyzed in the study using macro demand drivers and the National Renewable Energy Action Plans (NREAPs), to forecast biomass demand by sector until 2020.
"The NREAPs offer insights into how governments plan to meet the renewable energy targets by 2020", says study author Glen O'Kelly, "but forecast biomass demand is based on announced investments, carbon costs and the relative economics of biomass, as well as an analysis of macro drivers: forecast GDP, population, household energy use, forest industry production - all considered in this study."
European Biomass Review covers the EU27 countries, combined with Norway and Switzerland, with breakdowns for five regions (North, West, East, & South Europe, UK and Ireland). It highlights opportunities for global biomass exporters, as well as the need to develop infrastructure such as ports and terminals for supply chains, biomass futures and hedging instruments.