1. What do you and your company do in the bio power generation sector?
We have implemented more than 20 bio power projects in Asia and have advised more than 100 bio power projects. In addition, we have assisted more than 30 companies in CDM aspects under Kyoto Mechanism.
2. How do you see the market for bio power generation developing in the next 3 years?
I believe the sugar sector has the highest potential for modern bio power in Asia as most of the existing equipments in sugar mills are 30-50 years old, this is followed by the palm oil sector. The rice sector and wood sector have high potentials for new bio power projects. The industrial wastewater plants in Asia have a high potential for biogas power generation. Over all there are more than 200 new projects expected to come up in the next 3 years.
3. What are the biggest short term challenges to market growth?
The biggest short term challenge in the bio power market is replacing the old and inefficient biomass power plants that are more than 30 years old with modern technologies. Another challenge is the wise utilization of biomass fuels in order to optimize power generatio so that the competition for fuel will be minimized. Good bio power policies in country level will remove most of the current barriers.
4. What do you think are the most exciting innovations in this area at the moment
In the last 10 years, the bio power industry has undergone complete changeover in technology and efficiency. There are many equipment suppliers in the market providing their own technologies and the market competition has resulted in investment cost reductions. In addition, Kyoto Mechanisms such as CDM is attracting several investors and big corporates looking for a green image, which has resulted in several billion dollars of fresh capital flow into the bio power market. |