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Frost & Sullivan: Strong demand for Waste to Energy from Europe and Asia

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Frost & Sullivan: Strong demand forFrost & Sullivan: Strong demand for Waste to Energy from Europe and Asia PR Newswire LONDON, Jan. 22, 2014 - This is due to higher population density - Plants are likely to be created in China, the United Kingdom, Central and Eastern Europe (especially Poland), and India The global shift from coal and nuclear power to renewable energy in order to lower carbon dioxide emission and ensure energy security is giving a boost to the waste to energy (WTE) plant market. While WTE plants in some geographies are already well developed and are in the process of being modernized to comply with local emission standards, other regions have only just begun installing WTE plants and gaining investor interest. New analysis from Frost & Sullivan (http://www.environmental.frost.com), Global Waste to Energy Plant Market, finds that the market earned revenues of $17.98 billion in 2012 and estimates this to rocket up to $28.57 billion in 2016. WTE thermal solutions are witnessing robust demand from regions with high population density but limited area, such as Europe and Asia. Upcoming WTE plants are likely to be in China, the United Kingdom, Central Eastern Europe (especially Poland), and India. "Limited availability of land for landfilling and rising public awareness on recycling have stepped up interest in renewable energy sources.
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Frost & Sullivan: Strong demand for Waste to Energy from Europe and Asia

PR Newswire

- This is due to higher population density - Plants are likely to be created in China, the United Kingdom, Central and Eastern Europe (especially Poland), and India

The global shift from coal and nuclear power to renewable energy in order to lower carbon dioxide emission and ensure energy security is giving a boost to the waste to energy (WTE) plant market. While WTE plants in some geographies are already well developed and are in the process of being modernized to comply with local emission standards, other regions have only just begun installing WTE plants and gaining investor interest.