Waste to Energy for Bio CNG & Organic Fertilizer
Waste to energy is an innovative approach to addressing the problem of waste management while also generating clean energy. One such approach is the conversion of organic waste into bio-compressed natural gas (Bio-CNG) and organic fertilizers .
The process begins with the collection and segregation of organic waste, such as food scraps, agricultural waste, and sewage. This waste is then sent to an anaerobic digestion facility, where it is broken down by microorganisms in the absence of oxygen. The resulting biogas, a mixture of methane and carbon dioxide, is then cleaned and compressed to become Bio-CNG.
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Bio-CNG can be used as a renewable and clean alternative to fossil fuels in transportation, industrial processes, and power generation. It can also be used to fuel biogas-powered vehicles, which emit fewer greenhouse gases and pollutants compared to traditional gasoline-powered vehicles.
In addition to Bio-CNG , the anaerobic digestion process also produces nutrient-rich organic fertilizers that can be used to replace chemical fertilizers in agriculture. This organic fertilizer is rich in essential plant nutrients such as nitrogen, phosphorus, and potassium, and can help improve soil health and promote sustainable agriculture.
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Overall, the conversion of organic waste into Bio-CNG and organic fertilizers is a win-win solution that not only helps reduce the amount of waste going to landfills but also helps reduce reliance on fossil fuels and promote sustainable agriculture. By implementing waste-to-energy initiatives, we can work towards a more sustainable and cleaner future.
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Global Market Size:
The global market size of Waste to Energy for Bio CNG is estimated to be around US$ 8 billion in 2021 - a huge potential for growth. This growth can be attributed to its increased usage as an alternative fuel source due to its environmental benefits, cost savings, and ease of use.
The global market size for WTE for organic fertilizers is estimated to reach USD $20 billion by 2024. The global market size of waste to energy for organic fertilizer is rapidly growing at an exponential rate in response to the increasing demand for sustainable agricultural practices. As the world population continues to climb, there is an increased need for efficient and environmentally-friendly solutions to produce high-quality fertilizers.
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With the increasing demand for organic fertilizer, the market is tapping into new sources of energy to meet this growing need. Companies are investing heavily in developing new technologies to convert waste into energy, which can be used for producing organic fertilizers. This trend is expected to continue as more countries look towards sustainable solutions for their agricultural needs.
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Indian Market:
Indian Market of Waste to Energy for Bio CNG & Organic Fertilizer is growing rapidly at a cumulative growth rate of over 25% in the last 5 years. Several Indian states are witnessing a rapid increase in population along with increasing industrialization and consequent generation of municipal solid waste (MSW). The market report enumerates India's current position, major drivers, restraints, and opportunities in terms of production, and revenue forecasts till 2022.
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There are several factors driving the growth of the market for WTE technologies for the production of bio-CNG and organic fertilizers in India. One key factor is the increasing demand for renewable energy and the need to reduce reliance on fossil fuels. Bio-CNG can be a cost-effective and environmentally friendly alternative to traditional fossil fuels, particularly in the transportation sector.
The Indian Waste Management Market was valued at USD 692 million in 2017 and is expected to grow at a compounded annual rate of 8% over the next five years.
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There are several companies operating in India's waste management market today, including Enviro fertilizers Ltd., Godrej Agrovet Ltd., Azure Power Ventures Pvt. Ltd., Sembcorp Industries Limited., Prafulla Green Energy Pvt LTD., Biocon Limited, amongst others. These companies are focused on developing new projects using different approaches such as bioenergy with CNG & organic fertilizers.
Government’s Efforts and Schemes to Promote the Market of Bio CNG & Organic Fertilizer:
There are a number of initiatives and schemes being implemented by the Indian government to promote the adoption of waste-to-energy technologies for the production of Bio-CNG and organic fertilizers. Some of these include:
The Ministry of New and Renewable Energy (MNRE) has set a target to achieve 10% of the total biogas production in the country through waste-to-energy by 2022. The Ministry provides various financial incentives, such as subsidies, soft loans, and tax benefits, for setting up biogas projects.
The National Capital Territory of Delhi (NCTD) has launched a scheme to promote the use of bio-CNG produced from waste in the public transportation sector. Under the scheme, NCTD will provide financial assistance for the conversion of existing buses and autos to run on bio-CNG.
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The Ministry of Urban Development has launched a scheme named Swachh Bharat Mission (SBM), to promote cleanliness and sanitation in urban and rural areas across the country. One of the objectives of SBM is to develop scientific and sustainable ways of managing solid waste, which includes the production of organic fertilizers from waste.
The National Biogas and Manure Management Programme (NBMMP) is another initiative under MNRE that focuses on providing financial support to rural households and communities for setting up and operating small-scale biogas plants which use organic waste to produce organic fertilizer.
The National Mission for Sustainable Agriculture (NMSA), which is an initiative under the Ministry of Agriculture and Farmers Welfare, has a component dedicated to promoting the use of organic fertilizers, including those produced from waste. The mission provides financial assistance to farmers and organizations for the production, processing, and distribution of organic fertilizers.
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Some State Governments like Gujarat, Maharashtra, and Tamil Nadu have launched schemes to promote organic farming, where they are providing various incentives and subsidies for farmers to produce organic fertilizers.
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Conclusion:
In conclusion, waste to energy is an innovative approach to addressing the problem of waste management while also generating clean energy. The conversion of organic waste into Bio-CNG and organic fertilizers is a particularly promising solution, as it helps reduce the amount of waste going to landfills and promotes sustainable agriculture.
The reports provide a thorough analysis of the market, financials, and consumers’ and producers’ viewpoints. At NPCS, we aim to keep our readers updated with the latest and accurate news about this booming industry. We believe in giving out all the information that is needed without any bias or distortion. If you have questions regarding how these reports can help you in your business decision-making process, feel free to get in touch with us!
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