This work evaluated the palm oil biomass waste as a source of renewable energy for electric power generation. Nigeria was once the largest producer of Oil Palm products, but since has been relegated to the back ground by Malaysia and some other countries and needs to revitalize its palm oil industries. Electricity regeneration in Nigeria has also been highly politicized and still at shortfall to its teeming population demand. This situation invariably requires revamping through exploitations of alternative energy sources. This work was carried out at Presco Nigeria Ltd which owns palm plantations from where we obtained our oil palm empty fruit bunches for this research. The result obtained from this work shows that 896 kg of empty fruit bunches produced 1.7 MW of power though lower than that of the same mass of methane, it is proving to be by far more cost effective, easier to maintain and run. The research also reported that oil palm empty fruit bunch has more calorific value than other oil palm biomass resources. Placing this research finding with others in literature indicates that the quantity of the biomass is directly proportional to the amount of energy produced.