Biomass: Prospects for the U.S. Power Sector

Renewable energy production is expected to continue its growth in the United States in the coming years, according to the latest forecast from the Energy Information Administration (EIA). The use of biomass in the electricity sector is also expected to continue.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The U.S. Energy Information Administration (EIA) released its latest short-term energy outlook report on March 7. According to the report, renewables are expected to account for 24 percent of U.S. electricity generation this year, rising to 26 percent by 2024. In 2022, renewable energies represented 22% of electricity production.

Electricity generation from biomass reached 26.7 billion kilowatt hours (kWh) last year. In 2023, biomass production is expected to drop to 25.5 billion kWh, before partially recovering to 26 billion kWh in 2024.

Biomass consumption in the electricity sector

The power sector is expected to consume 0.213 quadrillion Btu (quad) of biomass from waste this year, the same level as in 2022. This consumption is expected to decline slightly to 0.212 quad next year. In 2022, the consumption of biomass from waste was 0.412 quad.

The power sector is also expected to consume 0.179 quad of wood-based biomass this year, up from 0.2 quad in 2022. This consumption is expected to increase to 0.186 quad next year.

Biomass consumption in the industrial sector

In the industrial sector, the consumption of biomass from waste was 0.16 quad last year. This level of consumption is expected to be maintained through 2023 and 2024. The sector also consumed 0.285 quad of wood-based biomass in 2022, with consumption expected to reach 1.341 quad in 2023 and 1.362 quad in 2024.

Biomass consumption in the commercial and residential sectors

The commercial sector consumed 0.037 quads of biomass from waste and 0.083 quads of biomass from wood last year. These consumption levels are expected to be maintained this year and next.

The residential sector is expected to consume 0.482 quads of wood-based biomass in 2023 and 2024, the same level as in 2022.

Biomass production capacity

The power sector had 3.5 gigawatts (GW) of biomass-from-waste and 2.4 GW of biomass-from-wood capacity at the end of 2022. Waste biomass capacity is expected to increase to 3.6 GW by the end of 2023 and be maintained at that level through the end of 2024.

The German state is multiplying LNG infrastructure projects in the North Sea and the Baltic Sea to secure supplies, with five floating terminals under public supervision under development.
Aramco has signed 17 new memoranda of understanding with U.S. companies, covering LNG, advanced materials and financial services, with a potential value exceeding $30 billion.
The Slovak government is reviewing a potential lawsuit against the European Commission following its decision to end Russian gas deliveries by 2028, citing serious economic harm to the country.
The European Union is extending its gas storage regime, keeping a legal 90% target but widening national leeway on timing and filling volumes to reduce the price pressure from mandatory obligations.
The Mozambican government has initiated a review of the expenses incurred during the five-year suspension of TotalEnergies' gas project, halted due to an armed insurgency in the country’s north.
The number of active drilling rigs in the continental United States continues to decline while oil and natural gas production reaches historic levels, driven by operational efficiency gains.
Shell sells a 50% stake in Tobermory West of Shetland to Ithaca Energy, while retaining operatorship, reinforcing a partnership already tested on Tornado, amid high fiscal pressure and regulatory uncertainty in the North Sea.
Russian company Novatek applied major discounts on its liquefied natural gas cargoes to attract Chinese buyers, reviving sales from the Arctic LNG 2 project under Western sanctions.
Veolia connects its Lapouyade site to RTE's secondary reserve using instant modulation technology, paving the way for rollout across 25 sites.
Erex will end the environmental assessment of a 300MW biomass project developed with ENEOS in Niigata due to rising costs and a weaker yen.
California-based start-up Erg Bio has closed a $6.5mn seed round to industrialise its Aspire™ technology, backed by Azolla Ventures, Chevron Technology Ventures, and Freeflow.
A first vessel chartered by a Ukrainian trader delivered American liquefied gas to Lithuania, marking the opening of a new maritime supply route ahead of the winter season.
A German NGO has filed in France a complaint against TotalEnergies for alleged war crimes complicity around Mozambique LNG, just as the country seeks to restart this key gas project without any judicial decision yet on the substance.
Hut 8 transfers four natural gas power plants to TransAlta following a turnaround plan and five-year capacity contracts secured in Ontario.
Haffner Energy presents the H6 generation, a biomass‑hydrogen system positioned as competitive against electrolysis, as the company seeks new investors amid financial pressure and a regulatory landscape focused on RFNBO.
By selling its US subsidiary TVL LLC, active in the Haynesville and Cotton Valley formations in Louisiana, to Grayrock Energy for $255mn, Tokyo Gas pursues a targeted rotation of its upstream assets while strengthening, through TG Natural Resources, its exposure to major US gas hubs supporting its LNG value chain.
TotalEnergies acquires 50% of a flexible power generation portfolio from EPH, reinforcing its gas-to-power strategy in Europe through a €10.6bn joint venture.
The Essington-1 well identified significant hydrocarbon columns in the Otway Basin, strengthening investment prospects for the partners in the drilling programme.
New Delhi secures 2.2 million tonnes of liquefied petroleum gas annually from the United States, a state-funded commitment amid American sanctions and shifting supply strategies.
INNIO and Clarke Energy are building a 450 MW gas engine power plant in Thurrock to stabilise the electricity grid in southeast England and supply nearly one million households.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.