Bioenergy, renewable energy derived from biological sources, today accounts for as much as three-quarters of total final renewable energy use — making it by far the most widely used renewable energy source worldwide. IRENA estimates that to meet international climate change targets, the share of renewable energy will need to be doubled by 2030, and bioenergy can account for around half of that.
Falling costs and favourable policies have resulted in a dramatic rise in installed generation capacity worldwide, but the deployment of renewables is at times still stalled by projects that do not meet the specific standards required to obtain the necessary financial support. To support the successful development of woody biomass projects, IRENA has launched new technical guidelines on Woody Biomass, as part of its online Project Navigator platform. Just as the utility-scale solar PV guidelines, released last October, the newly released guidelines describe in nine stages what is needed to plan, establish, operate, and decommission a bankable woody biomass project. Continue reading Developing Bankable Woody Biomass Projects