The utilisation of biofuels in gas turbines is a promising alternative to fossil fuels for power generation. It would lead to a significant reduction of CO2 emissions using an existing combustion technology, although considerable changes appear to be required and further technological development is necessary. The goal of this work is to conduct energy and exergy analyses of the behaviour of gas turbines fired with biogas, ethanol and synthesis gas (bio-syngas), compared with natural gas. The global energy transformation process (i.e., from biomass to electricity) also has been studied. Furthermore, the potential reduction of CO2 emissions attained by the use of biofuels has been determined, after considering the restrictions regarding biomass availability. Two different simulation tools have been used to accomplish this work. The results suggest a high interest in, and the technical viability of, the use of Biomass Integrated Gasification Combined Cycle (BioIGCC) systems for large scale power generation