Large-scale development of biomass power generation is expected

Overview of the biomass power generation industry

Biomass is a variety of organisms formed through photosynthesis, including all plants, animals and microorganisms.

Biomass energy is the form of energy that solar energy stores in organisms through photosynthesis.

Biomass power generation is a form of thermal power generation using agricultural and forestry waste, livestock and poultry manure, sewage sludge, domestic waste and other biomass as fuel. The biomass energy (chemical energy) in the biomass is burned to generate heat energy and converted into high-temperature steam, and the process of promoting the turbine to drive the generator to generate electricity. Biomass power generation belongs to renewable energy power generation, is second only to coal, oil and natural gas, the fourth largest energy, the development potential is huge. It mainly includes five power generation modes: direct combustion power generation, mixed combustion power generation, biogas power generation, gasification power generation and garbage power generation.

Classification of biomass power generation

In recent years, China's biomass power generation has grown steadily, from 2017 to 2022, China's biomass power generation increased from 79.5 billion KWH to 182.4 billion KWH, with an average annual compound growth rate of 18.07%. As of the first quarter of 2023, the country's biomass power generation reached 49 billion KWH, an increase of 8.8%.

Second, the large-scale development of rural biomass power generation is expected to help the development of the county circular economy

Rural biomass power generation ushered in large-scale development opportunities. On February 21, 2021, the No. 1 Central document "Opinions of the CPC Central Committee and The State Council on Comprehensively Promoting Rural Revitalization and Accelerating Agricultural and Rural Modernization" was officially released, clearly proposing the implementation of rural clean energy construction projects. We will strengthen the construction of rural power grids, comprehensively consolidate and improve the level of rural electricity security, and develop rural biomass energy. Since 2022, China has successively issued a series of industry support policies to promote the development of domestic biomass power generation projects. Some provinces and cities have also promoted biomass power generation to participate in electricity market transactions, and the development of public REITs has also provided new financing channels for biomass power generation enterprises. As of 2022, the annual installed capacity of biomass power generation in China has increased by 3.34 million kilowatts, of which 2.57 million kilowatts of household waste incineration power generation, 650,000 kilowatts of agricultural and forestry biomass power generation, and 120,000 kilowatts of biogas power generation.

Compared with 2021, the year-on-year decrease of about 41.33%.

China's biomass power generation industry key policy review

According to the "China biomass power generation industry Development Status research and investment prospects Analysis Report (2023-2030)" released by the research Report network, biomass resources in rural areas mainly come from the waste accompanying the production and life of rural residents, including agricultural waste, forestry waste, livestock and poultry manure, domestic waste and so on. The most ideal mode of energy conversion is to use incineration for energy supply, or to produce biomass gas. At present, only biomass power generation has formed a complete and mature industrial chain, which can treat agricultural and forestry waste and livestock manure on a large scale, and realize the clean utilization of rural energy. Although the overall development of biomass power generation industry in 2022 is slow, the current energy conversion rate of biomass agricultural and forestry waste in rural China is very low, the annual availability of straw in the country is about 400 million tons, the annual availability of forestry residues is about 350 million tons, and about 800 million tons of livestock and poultry manure and 70 million tons of domestic waste in rural areas have not been effectively used. At the same time, China's southwest and northeast regions, forestry biomass resources are relatively rich, limited by multiple factors such as energy use habits, economic level, collection area, transportation conditions, human conditions, information channels, support policies, biomass resources in poor areas have not been effectively developed and utilized, so the future of China's biomass power generation construction space is still very large. In addition, after coal power production capacity, whether it is residential heating or industrial heat load, it has brought a huge market space to biomass power generation, and only biomass thermal power can fill the energy gap after coal power production capacity.

As the policy brings great flexibility to the large-scale development of domestic biomass power generation projects, it is expected that in the future, with the construction and landing of large-scale biomass power generation projects, it is expected to actively help the development of green circular agriculture in poor areas, and will also create a large number of employment opportunities for rural poor family labor, effectively solve the problem of industrial heating in some counties and clean heating for rural residents.