Need of Conversion of Municipal Solid Wastes into Fuel/Gas

Municipal waste is increasing day by day and it causes harm to the environment and it should be minimized so as to protect the environment for the upcoming hazard to the environmental pollution and diseases. It helps reduce the volume of waste in landfills, mitigating the environmental impact of waste disposal. Additionally, it provides a renewable source of energy, reducing our reliance on fossil fuels. This dual benefit makes Waste-to-Energy an attractive option for both environmental sustainability and energy security.

The continuously rising demand for energy globally due to the increasing population and rapid industrialization and urbanization is one of the critical drivers of the global market. For example, per the Asian development bank WtE circular research report, the amount of waste produced from municipal waste is projected to reach 3.4 billion tons by 2050 due to economic development, population growth, and urbanization. Thereby, significant investment in project processes is being initiated to reduce environmental concerns and waste, providing growth opportunities for the waste to energy industry.

Advancements in Waste-to-Energy Technologies

The increasing global population and rapid industrialization have led to a significant rise in waste generation. Waste management has become a critical global issue due to the increasing population and industrialization. Traditional waste disposal methods, such as landfilling and incineration, have proven to be environmentally unsustainable and pose significant challenges. However, the 21st century has witnessed remarkable advancements in waste-to-energy conversion technologies, offering promising solutions to address the growing waste crisis (Un, 2023; Kataya et al., 2023).

The Improper waste management poses serious environmental and health risks. However, waste-to-energy (WtE) conversion processes have emerged as a sustainable solution to address these challenges. Waste-to-energy conversion refers to the process of generating energy, such as electricity or heat, from various types of waste materials (Nubi et al., 2022). This process involves the transformation of waste into usable energy through different technologies, including incineration, anaerobic digestion, gasification, and pyrolysis. Advancements in waste-to-energy technologies are enumerated as follows:

• Incineration
• Anaerobic Digestion
• Gasification
• Pyrolysis
• Plasma Gasification

Various Types of Waste-to-Energy Conversion Technologies

Key Players Working on Waste-to-Energy Conversion Technology

The global waste to energy market size was valued at USD 34.50 billion in 2023 and is projected to grow from USD 35.84 billion in 2024 to USD 50.92 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period. Asia-Pacific dominated the waste to energy market with a market share of 47.24% in 2023.

Waste to Energy (WtE), also known as energy from waste, uses thermochemical and biochemical technologies to recover energy from urban waste, producing electricity, steam, and fuels. These new technologies can reduce the original waste volume by 90%, depending on the composition and use of outputs. WtE plants offer two significant benefits: environmentally safe waste management and disposal and clean electric power generation. The growing use of WtE as a method to dispose of solid and liquid wastes and produce electricity has dramatically reduced the environmental impacts of municipal solid waste management, including emissions of greenhouse gases.

Also Read: Empowering the Future: Top Players in Waste-to-Energy

Top Key Players Working on Electric Vehicle Charging

About Effectual Services

Effectual Services is an award-winning Intellectual Property (IP) management advisory & consulting firm offering IP intelligence to Fortune 500 companies, law firms, research institutes and universities, and venture capital firms/PE firms, globally. Through research & intelligence we help our clients in taking critical business decisions backed with credible data sources, which in turn helps them achieve their organisational goals, foster innovation and achieve milestones within timelines while optimising costs.

We are one of the largest IP & business intelligence providers, globally serving clients for over a decade now. Our multidisciplinary teams of subject matter experts have deep knowledge of best practices across industries, are adept with benchmarking quality standards and use a combination of human and machine intellect to deliver quality projects. Having a global footprint in over 5 countries helps us to bridge boundaries and work seamlessly across multiple time zones, thus living to the core of our philosophy - Innovation is global, so are we !!!

Follow Us: Linkedin, Twitter