| | DECEMBER 20236EDITOR'S DESKBiomass power generation is gaining traction due to its numerous environmental benefits, including reduction in greenhouse gas emissions and providing a sustainable alternative to fossil fuels. It plays an integral role in accelerating the move toward a greener and more sustainable energy future.According to a report by marketsandmarkets.com, the global biomass power generation market is valued at $91.3 billion in 2023 and is projected to reach $105.7 billion by 2028, exhibiting a CAGR of 3.0 percent from the forecast period. Global initiatives to tackle climate change, government policies, and technological breakthroughs for cleaner and more efficient energy production are driving forces in the market. In order to guarantee ethical sourcing methods, certification schemes such as the Sustainable Biomass Program (SBP) are becoming more significant. A growing number of decentralized, smaller biomass power plants are being constructed in rural regions to increase energy access and lower transmission losses. Using the gas created in anaerobic digesters from organic waste has become a popular method for producing biomass energy. As part of their efforts to meet their clean energy targets, governments are enacting laws and incentives to encourage the production of biomass electricity.This edition of Energy Business Review delivers a bird's eye view of the recent developments in the biomass arena and insights into how organizations are aligning with these trends.We have curated thought leadership articles from industry experts, including Ken Jones, Senior Director of Procurement, Vendor Relations, & Minority and Woman-Owned Business at EPB and Tadashi Ito, Head of Decarbonization Advancement Office at Chiyoda Corporation We also took a deep dive into the market trends to narrow down the list of companies delivering innovative biomass solutions and services. Equipped with innovative capabilities, companies like Ecostrat help transform businesses at the cloverleaf of various disruptive technologies.We hope this edition of Energy Business Review helps you build the partnership you and your organization need to foster an environment driven by efficient technology.Let us know your thoughts!Promoting a Greener Earth with BiomassCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Email:sales@energybusinessreview.comeditor@energybusinessreview.comMarketing@energybusinessreview.com DECEMBER - 11 - 2023, Vol 04 - Issue 29 (ISSN 2836-5089) Published by ValleyMedia, Inc. To subscribe to Energy Business ReviewVisit www.energybusinessreview.com VisualizersChris LynnManaging EditorJade McdonaldEditorial StaffAaron Pierce Ava GarciaDaeg GroverVian IsaacJoshua Parker Kenny PeruzziScott ThomasJade McdonaldManaging Editoreditor@energybusinessreview.comDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOs
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