Published on : Nov 08, 2016
Albany, New York, November 7, 2016: Market Research Hub has added a latest research report from GlobalData titled as “Biopower in Malaysia, Market Outlook to 2030, Update 2016 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles” to their research database. This report offers comprehensive information and overview on the Biopower market in Malaysia. The report is studied using data and information obtained from proprietary databases, secondary research and in-depth analysis by GlobalData’s industry experts.
Malaysia is gifted with predictable energy resources such as oil & gas as well as renewables like hydro, biomass and solar energy. Biopower is the use of biomass to generate electricity. There are six types of biopower systems which includes direct-fired, gasification, cofiring, anaerobic digestion, pyrolysis, modular and small. Most of the biopower plants uses direct-fired systems. They burn bioenergy feed stocks to produce steam. This steam is generally captured by a turbine, and a generator then converts it into electricity.
Biomass feedstock has been long identified as a sustainable source of renewable energy particularly in those countries where there is abundant agricultural events arises. Malaysia has remarkable biomass and wood waste resources are available for direct exploitation. Being a major agricultural goods producer in the region, Malaysia is well placed amongst the ASEAN countries to sponsor the use of biomass as a renewable energy source.
Malaysia’s viable demand for energy is projected to continue its rising trend, from 1,244 PetaJoule (PJ) in 2000 to 2,218 PetaJoule in 2010. Further, future outlook of the Malaysian biopower market with forecasts up to 2030 has also been discussed in the report. The report highlights key under construction project details, installed capacity and power generation trends from 2006-2030 in Malaysia Biopower market.
Some of the major resources of Biopower Markets in Malaysia are,
- TSH Resources
- Maju Intan Biomass Energy
- Kina Biopower
- Cypark resources
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The report also provides company snapshots of these major market participants in the country. As per the findings of the report, the Bio power market is expected to grow considerably due to the consistently rising demand for the various power generation trends. Advancements in the technology and the government funding have made it possible for key industrialists to enhance their developments. The buyer will understand the developing strategies based on the latest regulatory events through the report.
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