Austria Waste To Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)

Austria Waste To Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)

Austria waste to energy market is expected to grow at a CAGR of more than 3.29% during the forecast period 2020-2025. Austria has been given a national target of generating 34% of its energy from renewable sources by 2020. An increasing amount of waste generation and growing concern for its management to meet the need for sustainable urban living and increasing focus on non-fossil fuel sources of energy are driving the adoption of waste-to-energy market. Further, Austria is planning to focus more on recycling, which saves three to five times more energy and hence, restraining the waste-to-energy market.

• Thermal technology is expected to dominate the waste-to-energy market, in 2020, owing to the increasing development in the incineration and gasification technologies, as well as the increasing amount of waste generated, especially from the growing economies of Austria.
• Emerging waste-to-energy technologies, such as Dendro Liquid Energy (DLE), which is four times more efficient in terms of electricity generation, with additional benefits of no emission discharge and effluence problems at plant sites are expected to create significant opportunities for the market players, over the coming years.
• Also, various WtE technologies are being developed and employed to facilitate efficient MSW management. Thus, increasing urbanization will boost the growth of the waste to energy market during the forecast period.

• As of 2019, thermal technology is expected to account for the highest market share in the waste-to-energy market. This trend of dominance by the thermal division is expected to continue in the coming years owing to the increasing developments in the technologies of incineration and gasification.
• It is estimated that plants, which utilize cogeneration of thermal power (heating and cooling), together with electricity generation can reach optimum efficiencies of 80%.
• In the present scenario, incineration is the most well-known waste-to-energy technology for Municipal Solid Waste (MSW) processing.
• However, waste-to-energy technologies, particularly incineration, produce pollution and carry potential health safety risks. To reduce particulate and gas-phase emissions, incineration plant owners have adopted the emerging new technologies such as Dendro Liquid Energy (DLE), which is four times more efficient in terms of electricity generation, with additional benefits of no emission discharge. Which has, in turn, led to a significant improvement in terms of environmental sustainability.

• About 47 percent of the land in Austria is covered in forest, and it is by tapping its rich timber resources that the country now plans to ramp up the proportion of renewables in its energy mix to meet an ambitious European Union goal, which was set in 2008.
• And the new government policies which have a lot of restriction for high carbon emission which restrains the growth of the incineration process.
• Also, the increase in recycling of municipal solid waste to 50% by 2030, is expected to affect the market for incineration as well.
• Austria’s final energy consumption should be 1,406 PJ. Of that, about one-fifth, or around 280 PJ, is expected to come from biomass by 2020. In fact, biomass will be supplying more than half of the 519 PJ set to be generated by renewables in Austria, jumping ahead of the traditional hydropower resource.
• A local company collects it from the surrounding forests and brings it to the 2-MW gassification biomass power plant at Güssing in Burgenland in Austria.

Austria waste to energy market is moderately fragmented. Some of the key players are Ze-gen Inc, BMH Technology Oy, Compco Fire System Limited, Integrated Global Services, Wheelabrator Technologies Inc.

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