Steady growth of European waste to energy marketStaff Writer | May 11, 2017
The European waste to energy (WTE) market is experiencing steady growth.
Green energy Efficient recovery of waste
As a result, waste management, modernisation of WTE plants, research and development into new WTE technologies, and public and private partnerships (PPP) are garnering attention.
This is according to the European Waste to Energy (WTE) Plant Market, Forecast to 2020, new analysis from Frost & Sullivan's Environment & Water Growth Partnership Service program.
Increasing demand as countries make their shift from coal and nuclear power to renewable energy.
Efficient recovery of waste and generation of electricity will minimize the environmental impact of modern WTE plants and offer large carbon dioxide (CO2) savings.
In Scandinavia, the number of WTE plants is expected to increase gradually through 2020, as energy consumption is largely dependent on renewable energy.
The incineration segment is expected to be profitable due to modernisation or retrofit works of ageing WTE plants that must now comply with current environmental standards.
Poland is currently considered one of the most attractive markets in Europe for thermal WTE technologies.
About five new projects with capacity of more than 1 million tonnes per annum are in the preparation stage and are likely to enter the market.
Private companies may build ownership profiles with partners in and outside Europe, as WTE plants are becoming profitable investments. ■