Global – The global waste-to-energy (WTE) market will reach US$ 7.4 billion in 2013, according to a new study by London-based research firm Visiongain. ‘Waste-to-energy provides a win-win solution to urban consumer societies by effectively processing large municipal solid waste volumes, while creating electricity and/or local heating,’ asserts Visiongain. Its report points out that an increasing amount of governments are offering support to the industry or creating regulations ‘to drive it forward’.
However, WTE is expensive and cannot compete with low-cost landfill without incentives, Visiongain argues. It says the main challenges for the sector are unsustainable landfilling, methane emissions reduction, growing waste volumes and lack of space.
For more information, visit: www.visiongain.com