The global waste to energy market is predicted to experience significant growth fueled by increased waste generation and growing awareness of climate change. Technavio forecasts a market size of USD 28.68 billion by 2028, with a CAGR of over 7.51% during the forecast period. This report delves into the market’s key drivers, challenges, and segmentation, highlighting the transformative impact of AI.
Enerkem, a leader in low-carbon fuel and chemical production from waste, has appointed Michel Chornet as its new CEO. Chornet, who has been with Enerkem for over 17 years, brings extensive experience in technology development, business development, and growth management. He succeeds Dominique, who steered Enerkem through significant milestones, including the launch of its first commercial project in Alberta, Canada. Chornet expressed gratitude for Dominique’s leadership and emphasized Enerkem’s commitment to accelerating commercialization efforts to decarbonize hard-to-abate sectors globally.
The global waste to energy market is expected to witness steady growth, driven by the increasing demand for sustainable energy solutions and the need to reduce carbon emissions. Europe is at the forefront of this market, with significant investments in waste-to-energy technologies. This market offers a solution to managing waste streams, transforming them into valuable energy sources, and mitigating environmental impact.
