Because of the EU 2020 Renewable Energy Targets, the waste involved in the Energy market has gained an increased amount of both public and private attention. The idea of the circular economy that has been put forward is expected to create more opportunities for growth within the different ways of extracting energy from hard-to-recycle waste.
These findings have been made by Frost & Sullivanâs Environment & Water team. Frost & Sullivan is a Growth Partnership Company. This business works in collaboration with clients in order to leverage visionary innovation which will then be used to address global challenges that are related to growth opportunities. For the last 50 years, the company has been developing their own growth strategies as a part of the global 1000 as well as emerging businesses, the public sector and the investment community.
The forecast put forward by the European Waste to Energy market is undergoing a steady increase. A circular economy is a target set down by the European Union for 2020 and means that there will be a significant focus in renewable energy. This plan has country specific regulations as well as incentives that are expected to increase energy efficiency in order to show support for the pro-WTE trend. As a result of this, there has been an increase in the modernisation of the WTE plants as well as research into WTE technologies.
The analysis provided by Frost & Sullivanâs Environment & Water Growth Partnership Service program aims to give a thorough insight in to the WTE plant markets in a variety of different locations. These locations are Scandinavia, Benelux, Germany, France, the UK and Alpine regions. Seen as though WTE plants are seen as an important factor for recycling they could pave the way for a circular economy that could bring more employment opportunities at semi-skilled as well as entry-level positions.