According to GlobalData, biopower accounted for 1% of Australia’s total installed power generation capacity and 2% of total power generation in 2021. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Australia Biopower Analysis: Market Outlook to 2035 report. Buy the report here.
Overall, Australia’s biopower generation capacity grew by a CAGR of 1% from 2010 to 2021, to reach 1,149MW, and generation grew by a CAGR of 3% to reach 4,613GWh in 2021.
Installed capacity is forecast to increase by 545MW from 2022 to 2035, at which point biopower is expected to account for 0.88% of total installed generation capacity.
For more detailed analysis of the biopower sector in Australia, buy the report here.