IDEAS home Printed from https://ideas.repec.org/a/ags/ijfaec/208847.html
   My bibliography  Save this article

Benefit Cost For Biomass Co-Firing In Electricity Generation: Case Of Utah, U.S

Author

Listed:
  • Kim, Man-Keun
  • Paudel, Bibek
  • Snyder, Donald L.

Abstract

Policy making regarding biomass co-firing is difficult. The article provides a benefit-cost analysis for decision makers to facilitate policy making process to implement efficient biomass co-firing policy. The additional cost is the sum of cost of the biom ass procurement and biomass transportation. Co-benefits are sales of greenhouse gas emission credits and health benefit from reducing harmful air pollutants, especially particulate matter. The benefit-cost analysis is constructed for semi-arid U.S. region, Utah, where biomass supply is limited. Results show that biomass co-firing is not economically feasible in Utah but would be feasible when co-benefits are considered. Benefit-cost ratio is critically dependent upon biomass and carbon credit prices. The procedure to build the benefit-cost ratio can be applied for any region with other scenarios suggested in this study.

Suggested Citation

  • Kim, Man-Keun & Paudel, Bibek & Snyder, Donald L., 2015. "Benefit Cost For Biomass Co-Firing In Electricity Generation: Case Of Utah, U.S," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 3(3), pages 1-16, July.
    • Handle: RePEc:ags:ijfaec:208847
    DOI: 10.22004/ag.econ.208847
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/208847/files/vol3.no3.pp15.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.208847?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Lindstrom, M. J. & Gupta, S. C. & Onstad, C. A. & Holt, R. F. & Larson, W. E., 1981. "Crop Residue Removal and Tillage: Effects on Soil Erosion and Nutrient Loss in the Corn Belt," Agricultural Information Bulletins 309309, United States Department of Agriculture, Economic Research Service.
    2. Branker, K. & Pathak, M.J.M. & Pearce, J.M., 2011. "A review of solar photovoltaic levelized cost of electricity," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(9), pages 4470-4482.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Plain, N. & Hingray, B. & Mathy, S., 2019. "Accounting for low solar resource days to size 100% solar microgrids power systems in Africa," Renewable Energy, Elsevier, vol. 131(C), pages 448-458.
    2. Arnaud de La Tour & Matthieu Glachant & Yann Ménière, 2013. "What cost for photovoltaic modules in 2020? Lessons from experience curve models," Working Papers hal-00805668, HAL.
    3. Abolhosseini, Shahrouz & Heshmati, Almas & Altmann, Jörn, 2014. "A Review of Renewable Energy Supply and Energy Efficiency Technologies," IZA Discussion Papers 8145, Institute of Labor Economics (IZA).
    4. Joshua M. Pearce, 2012. "Limitations of Nuclear Power as a Sustainable Energy Source," Sustainability, MDPI, vol. 4(6), pages 1-15, June.
    5. Ndala Y. Mulongo & Pule A. Kholopane, 2018. "Cost Assessment: Electricity Generating Sources Against Energy Efficiency Measures," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 20(01), pages 1-28, March.
    6. Zimmerman, Ryan & Panda, Anurag & Bulović, Vladimir, 2020. "Techno-economic assessment and deployment strategies for vertically-mounted photovoltaic panels," Applied Energy, Elsevier, vol. 276(C).
    7. Spiros Papaefthimiou, Manolis Souliotis, and Kostas Andriosopoulos, 2016. "Grid parity of solar energy: imminent fact or future's fiction," The Energy Journal, International Association for Energy Economics, vol. 0(Bollino-M).
    8. Angenendt, Georg & Zurmühlen, Sebastian & Axelsen, Hendrik & Sauer, Dirk Uwe, 2018. "Comparison of different operation strategies for PV battery home storage systems including forecast-based operation strategies," Applied Energy, Elsevier, vol. 229(C), pages 884-899.
    9. Marina Moreira & Ivan Felipe Silva Santos & Lilian Ferreira Freitas & Flávio Ferreira Freitas & Regina Mambeli Barros & Geraldo Lúcio Tiago Filho, 2022. "Energy and economic analysis for a desalination plant powered by municipal solid waste incineration and natural gas in Brazil," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(2), pages 1799-1826, February.
    10. Vimpari, Jussi & Junnila, Seppo, 2017. "Evaluating decentralized energy investments: Spatial value of on-site PV electricity," Renewable and Sustainable Energy Reviews, Elsevier, vol. 70(C), pages 1217-1222.
    11. Ondraczek, Janosch, 2014. "Are we there yet? Improving solar PV economics and power planning in developing countries: The case of Kenya," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 604-615.
    12. Hao Cai & Ling Liang & Jing Tang & Qianxian Wang & Lihong Wei & Jiaping Xie, 2019. "An Empirical Study on the Efficiency and Influencing Factors of the Photovoltaic Industry in China and an Analysis of Its Influencing Factors," Sustainability, MDPI, vol. 11(23), pages 1-22, November.
    13. Ohijeagbon, O.D. & Ajayi, Oluseyi O., 2015. "Solar regime and LVOE of PV embedded generation systems in Nigeria," Renewable Energy, Elsevier, vol. 78(C), pages 226-235.
    14. Bertolini, Marina & D'Alpaos, Chiara & Moretto, Michele, 2018. "Do Smart Grids boost investments in domestic PV plants? Evidence from the Italian electricity market," Energy, Elsevier, vol. 149(C), pages 890-902.
    15. Kukkikatte Ramamurthy Rao, Harshadeep & Gemechu, Eskinder & Thakur, Ujwal & Shankar, Karthik & Kumar, Amit, 2021. "Techno-economic assessment of titanium dioxide nanorod-based perovskite solar cells: From lab-scale to large-scale manufacturing," Applied Energy, Elsevier, vol. 298(C).
    16. Fuquan Zhao & Feiqi Liu & Han Hao & Zongwei Liu, 2020. "Carbon Emission Reduction Strategy for Energy Users in China," Sustainability, MDPI, vol. 12(16), pages 1-19, August.
    17. Colombo, Emanuela & Rocco, Matteo V. & Toro, Claudia & Sciubba, Enrico, 2015. "An exergy-based approach to the joint economic and environmental impact assessment of possible photovoltaic scenarios: A case study at a regional level in Italy," Ecological Modelling, Elsevier, vol. 318(C), pages 64-74.
    18. Rômulo de Oliveira Azevêdo & Paulo Rotela Junior & Luiz Célio Souza Rocha & Gianfranco Chicco & Giancarlo Aquila & Rogério Santana Peruchi, 2020. "Identification and Analysis of Impact Factors on the Economic Feasibility of Photovoltaic Energy Investments," Sustainability, MDPI, vol. 12(17), pages 1-40, September.
    19. Larsson, Simon & Fantazzini, Dean & Davidsson, Simon & Kullander, Sven & Höök, Mikael, 2014. "Reviewing electricity production cost assessments," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 170-183.
    20. Marco Rogna, 2019. "A First-Phase Screening Device for Site Selection of Large-Scale Solar Plants with an Application to Italy," BEMPS - Bozen Economics & Management Paper Series BEMPS57, Faculty of Economics and Management at the Free University of Bozen.

    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:ags:ijfaec:208847. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/iiaaktr.html .

    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.