Experts see big role for biomass in energy

Biomass is emerging as a rapidly developing clean energy with vast potential, experts said, and called for further efforts to diversify its application scenarios and utilization pathways.

Their remarks came after the State Council recently announced an action plan for energy conservation and carbon reduction for 2024-25. It relaxed requirements on new energy utilization in resource-rich areas from 95 percent to 90 percent.

This, China Galaxy Securities' estimates suggest, could potentially unlock 74 gigawatts of new energy capacity and benefit industries like wind, solar and biomass energy.