Top 10 Biopower Producers in the World by Capacity

Drax Group Plc, Orsted AS, RWE AG, Covanta Holding Corp, and National Bio Energy Co., Ltd. are the top 5 biopower producers in the world by capacity as of March 31, 2022. Comprehensively, the top 10 biopower producers in the world had an active capacity of 8,743 MW as of March 31, 2022, where Drax Group Plc was the highest (2,535 MW), while Albioma SA had the lowest active capacity (327 MW). In terms of the geographic split, 6 out of 10 of the world’s top biopower producers are based in Europe, and the remaining are based in North America and Asia-Pacific. They employed a total of 70,787 people in 2021. The United Kingdom-based Drax Group Plc is the leading biopower producer in the world (by capacity). The company reported revenues of $7,117 million for the fiscal year ended December 2021 (FY2021), an increase of 22.2% over FY2020, due to the acquisition of Renewable Energy Inc, as well as a strong recovery from Covid-19 in its customers’ business. The company is a biomass-fueled electricity generator, which generates electricity from coal and biomass. It operates across various principal areas of activities, including electricity generation, electricity sales to business customers, and manufacturing of compressed wood pellets for use in electricity production. The company employed a total of 3,122 people in 2021. Orsted AS (Orsted) a renewable energy company is one of the leading biopower producers in the world (by capacity), it develops, constructs, and operates offshore and onshore wind farms, bioenergy plants, solar farms, and energy storage facilities, and provides waste-to-energy solutions and smart energy products. Orsted reported revenues of $12,352 million for the fiscal year ended December 2021 (FY2021), an increase of 54.9% over the previous year. Orsted employed a total of 7,292 people in 2021.