U.s. biomass power market size, industry analysis, trends and forecasts 2024-2029, featuring progress energy and covanta holding

Dublin, sept. 06, 2024 (globe newswire) -- the "biomass power in the us - market size, industry analysis, trends and forecasts (2024-2029)" report has been added to researchandmarkets.com's offering. biomass power producers have endured a rocky road, with their performance heavily influenced by government regulations, market competition and environmental concerns. the federal production tax credit (ptc) provided significant financial relief, giving biomass power producers an income tax credit of 2.6 cents per kilowatt-hour (kwh) of energy for five years. this helped offset costs and stem revenue declines.
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