13:21 | 16.03.2011
Research and Markets: Municipal Solid Waste-to-energy Capacity Generation in India to Increase at a Compound Annual Growth Rate of 9.7 Percent during 2009-2013
Research and Markets (http://www.researchandmarkets.com/research/f7f852/analysis_of_munici)
has announced the addition of Frost & Sullivan’s new report “Analysis
of Municipal Solid Waste to Energy Market in India” to their
offering.
Widespread technology adoption and an improvement in the collection
efficiency of municipal solid waste (MSW) could help the Indian
municipal solid waste-to-energy market register almost double-digit
compound annual growth rates by 2013. The increase in the quantity of
waste generated, coupled with the need for a proper means of waste
disposal, offers significant growth opportunities to the market. The
shrinkage of the landfill capacity has compelled municipalities to
explore other methods of waste disposal and treatment; however, the
technological and commercial viability of the waste-to-energy projects
needs to be proven. Private participants in India have shown
considerable interest in municipal solid waste-to-energy projects, and
several of them are operational using diverse technologies, despite the
lack of subsidies and support from the Government and municipal
authorities.
The government is expected to sit up and take note of the
waste-to-energy solutions sooner than later, as the country is currently
facing a power shortage of about 30-50GW (as of January 2010). The
Ministry of New and Renewable Energy (MNRE) is working toward achieving
energy security by tapping renewable sources, which has made energy
generation from MSW an attractive option. Over the years, the volatility
in the prices of natural gas or fossil fuel has forced countries to
start focusing on other renewable forms of energy, says the analyst of
this research. Apart from generating heat and electricity,
waste-to-energy conversion helps in solving the waste disposal problem.
Waste-to-energy projects enable companies to generate revenues not only
from electricity production, but also from the sale of carbon credits.
The biggest hurdle to success in this market is the opposition that
companies are likely to face from environmental activists and
non-governmental organizations (NGOs). Delays in the approval of
waste-to-energy projects also affect market profitability. Companies can
try to minimize the impact of these issues on their growth rates by
selecting technologies based on the characteristics of the waste
material and availability of funds. The government must try to harness
the potential of this market by providing tipping fees and subsidies to
plant operators. Community incentives need to be offered to those
organizing the collection and segregation services for waste-to-energy
facilities, notes the analyst. Regulatory measures to exempt levies and
taxes on entities and entrepreneurs that are transporting and processing
waste for energy production will also greatly bolster the market.
Expert Frost & Sullivan analysts thoroughly examine the following market
sectors in this research:
Environmental management
Waste management
Technologies
The following technologies are covered in this research:
Biomethanation/Anaerobic digestion
Landfill gas recovery
Incineration/Mass burn
Pyrolysis/Gasification
Refuse derived fuel (RDF)
For more information visit http://www.researchandmarkets.com/research/f7f852/analysis_of_munici
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