Biomass Electricity Industry Growth Set at 6.4% CAGR, Aiming for $224.16 Billion by 2035
What Is Biomass Electricity?
Biomass electricity is generated by burning organic matter to produce steam, which drives turbines connected to electricity generators. It’s a relatively mature technology that can be integrated into existing power infrastructures, making it a flexible and scalable option for many regions.
Biomass is considered carbon-neutral because the CO₂ released during combustion is offset by the carbon absorbed during the growth of the biomass feedstock. However, its true environmental impact depends on sourcing practices and technology efficiency.
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