Europe Is Expected To Witness Significant Growth in Refuse-Derived Fuel Market
Use of waste-derived fuels for co-product processing in concrete kilns accounts for around 50% of market shares, supporting the cement industry in its efforts to reduce its carbon footprint and preserve its dwindling stocks of fossil fuel. Europe is expected to witness a significant growth in the refuse-derived fuel market, due to the existence of numerous large co-products facilities, complemented by a rapidly growing private market. Although the scale of European waste-to-energy projects is substantially smaller than those of North America and Asia, the scope of waste disposal activities is increasing. Europe refuse-derived fuel market , like that of the U.S and China, has been largely insulated from the commodity price volatility experienced across the rest of the world. However, waste disposal activities may be reaping an "unusually large" share of the market through state-regulated markets that are designed to ensure the supply of sufficient energy produced by waste. It ...