IDEAS home Printed from https://ideas.repec.org/a/ids/ijsuse/v3y2011i4p381-394.html
   My bibliography  Save this article

Renewable energy in chemical industry – the case of formic acid production

Author

Listed:
  • Jouko Arvola
  • Matti Muhos
  • Pekka Belt
  • Pekka Kess

Abstract

This paper analyses the economical viability of replacing fossil energy by renewable sources by taking CO2 emission legislation into account. A single chemical industry case, formic acid production, is studied in a tangible manner to provide a concrete example for industrial managers and legislators. The practical case was supported by examining scientific and other databases. This study indicates that new environmental legislation makes it economically viable to replace fossil energy by renewable sources, such as wood biomass. However, the results indicate that the current and coming legislation do not cover the entire product life cycle of carbon dioxide releasing chemical products. The results of this paper can be utilised by managers of companies with high-energy consumption and/or high usage of fossil raw materials.

Suggested Citation

  • Jouko Arvola & Matti Muhos & Pekka Belt & Pekka Kess, 2011. "Renewable energy in chemical industry – the case of formic acid production," International Journal of Sustainable Economy, Inderscience Enterprises Ltd, vol. 3(4), pages 381-394.
    • Handle: RePEc:ids:ijsuse:v:3:y:2011:i:4:p:381-394
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=42794
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijsuse:v:3:y:2011:i:4:p:381-394. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=301 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.