BOULDER, Colo.--(BUSINESS WIRE)--Sometimes referred to as biomethane, waste gas, or renewable gas, biogas results from the anaerobic digestion of organic materials. It is one of most versatile energy carriers available, and has potential uses in a number of end-use applications. According to a recent report from Pike Research, a part of Navigant’s Energy Practice, biogas will play a key role in the emerging renewable energy market. Worldwide power generation capacity from commercial biogas facilities will more than double over the next decade, growing from 14.5 gigawatts (GW) in 2012 to 29.5 GW in 2022, the study concludes.
“Biogas can meet demand in power, heat, and transportation markets, address a range of environmental issues, and may be deployed on both an integrated and distributed basis,” says senior research analyst Mackinnon Lawrence. “What’s more, the expansion of the biogas industry, which uses stable and well-understood processes, hinges on innovative applications and business models rather than breakthrough technologies.”
Ultimately, those models depend upon waste disposal and management having value, which a diverse set of industries share, according to the report. In some cases biogas may be produced and consumed on-site – as with on-farm digesters producing electricity from manure, or landfill gas recovery systems that turn waste into transportation fuel for captive garbage truck fleets. Alternatively, upgraded biogas may be “dropped into” natural gas infrastructure and distributed further afield. Methane, the key product produced in the anaerobic digestion process, can also be utilized in industrial processes and as a raw material in industry applications such as renewable chemical production.
The report, “Renewable Biogas”, analyzes the global market opportunity for biogas capture across four key industrial segments: municipal solid waste, agriculture, industrial, and sewage treatment. The report provides a comprehensive assessment of the demand drivers, business models, policy factors, and technology issues associated with the rapidly-developing market for biogas production and utilization. Key industry players are profiled in depth and worldwide revenue and capacity forecasts for raw biogas and RNG production, segmented by region and industrial segment, extend through 2022. An Executive Summary of the report is available for free download on the Pike Research website.
About Pike Research
Pike Research, which joined Navigant’s global Energy Practice on July 1, 2012, provides in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Smart Energy, Smart Grid, Smart Transportation, Smart Industry, and Smart Buildings sectors. Additional information about Pike Research can be found at www.navigant.com/pikeresearch.
About Navigant
Navigant (NYSE: NCI) is a specialized, global expert services firm dedicated to assisting clients in creating and protecting value in the face of critical business risks and opportunities. Through senior level engagement with clients, Navigant professionals combine technical expertise in Disputes and Investigations, Economics, Financial Advisory and Management Consulting, with business pragmatism in the highly regulated Construction, Energy, Financial Services and Healthcare industries to support clients in addressing their most critical business needs. More information about Navigant can be found at www.navigant.com.
* The information contained in this press release concerning the report, “Renewable Biogas,” is a summary and reflects Pike Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Pike Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.