Can green E Coal replace real coal?

Smokeless coal

I caught a piece on E Coal, a product produced by newearth. This coal substitute is derived via biomass and when burned it releases no smoke according to the company. Moreover, E Coal can replace coal without any upgrades to current coal plants worldwide.

According to one report, E Coal could completely replace coal, which makes me wonder, is there really enough biomass in the world to do all the things its supporters claim? While I do believe that biomass could lead to greater green energy production, and that biomass might be much better for electricity production rather than transportation fuel, can it really live up to the hype?