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The power of biomass: Experts disclose the potential for success of bioenergy technologies

Author

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  • Fiorese, Giulia
  • Catenacci, Michela
  • Bosetti, Valentina
  • Verdolini, Elena

Abstract

This paper focuses on technologies which use thermo-chemical or biochemical processes to convert biomass into electricity. We present the results from an expert elicitation exercise involving sixteen leading experts coming from different EU Member States. Aim of the elicitation was to assess the potential cost reduction of RD&D (research, development and demonstration) efforts and to identify barriers to the diffusion of these technologies. The research sheds light on the future potential of bioenergy technologies both in OECD (Organisation for Economic Co-operation and Development) and non-OECD countries. The results we present are an important input both for the integrated assessment modeling community and for policy makers who draft public RD&D strategies.

Suggested Citation

  • Fiorese, Giulia & Catenacci, Michela & Bosetti, Valentina & Verdolini, Elena, 2014. "The power of biomass: Experts disclose the potential for success of bioenergy technologies," Energy Policy, Elsevier, vol. 65(C), pages 94-114.
  • Handle: RePEc:eee:enepol:v:65:y:2014:i:c:p:94-114
    DOI: 10.1016/j.enpol.2013.10.015
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    References listed on IDEAS

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    1. Angelis-Dimakis, Athanasios & Biberacher, Markus & Dominguez, Javier & Fiorese, Giulia & Gadocha, Sabine & Gnansounou, Edgard & Guariso, Giorgio & Kartalidis, Avraam & Panichelli, Luis & Pinedo, Irene, 2011. "Methods and tools to evaluate the availability of renewable energy sources," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(2), pages 1182-1200, February.
    2. Baker, Erin & Chon, Haewon & Keisler, Jeffrey, 2009. "Advanced solar R&D: Combining economic analysis with expert elicitations to inform climate policy," Energy Economics, Elsevier, vol. 31(Supplemen), pages 37-49.
    3. Catenacci, Michela & Verdolini, Elena & Bosetti, Valentina & Fiorese, Giulia, 2013. "Going electric: Expert survey on the future of battery technologies for electric vehicles," Energy Policy, Elsevier, vol. 61(C), pages 403-413.
    4. Valentina Bosetti & Carlo Carraro & Marzio Galeotti & Emanuele Massetti & Massimo Tavoni, 2006. "WITCH. A World Induced Technical Change Hybrid Model," Working Papers 2006_46, Department of Economics, University of Venice "Ca' Foscari".
    5. Fiorese, Giulia & Catenacci, Michela & Verdolini, Elena & Bosetti, Valentina, 2013. "Advanced biofuels: Future perspectives from an expert elicitation survey," Energy Policy, Elsevier, vol. 56(C), pages 293-311.
    6. Bosetti, Valentina & Catenacci, Michela & Fiorese, Giulia & Verdolini, Elena, 2012. "The future prospect of PV and CSP solar technologies: An expert elicitation survey," Energy Policy, Elsevier, vol. 49(C), pages 308-317.
    7. Searchinger, Timothy & Heimlich, Ralph & Houghton, R. A. & Dong, Fengxia & Elobeid, Amani & Fabiosa, Jacinto F. & Tokgoz, Simla & Hayes, Dermot J. & Yu, Hun-Hsiang, 2008. "Use of U.S. Croplands for Biofuels Increases Greenhouse Gases Through Emissions from Land-Use Change," Staff General Research Papers Archive 12881, Iowa State University, Department of Economics.
    8. Valentina Bosetti, Carlo Carraro, Marzio Galeotti, Emanuele Massetti, Massimo Tavoni, 2006. "A World induced Technical Change Hybrid Model," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 13-38.
    9. Bosetti, Valentina & Carraro, Carlo & Massetti, Emanuele & Sgobbi, Alessandra & Tavoni, Massimo, 2009. "Optimal energy investment and R&D strategies to stabilize atmospheric greenhouse gas concentrations," Resource and Energy Economics, Elsevier, vol. 31(2), pages 123-137, May.
    10. Giupponi, Carlo & Camera, R. & Fassio, A. & Lasut, A. & Mysiak, Jaroslav & Sgobbi, Alessandra, 2006. "Network Analysis, Creative System Modelling and Decision Support: The NetSyMoD Approach," Natural Resources Management Working Papers 12148, Fondazione Eni Enrico Mattei (FEEM).
    11. Baker, Erin & Keisler, Jeffrey M., 2011. "Cellulosic biofuels: Expert views on prospects for advancement," Energy, Elsevier, vol. 36(1), pages 595-605.
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    Citations

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    Cited by:

    1. Anadon, Laura Diaz & Baker, Erin & Bosetti, Valentina & Reis, Lara Aleluia, 2016. "Too Early to Pick Winners: Disagreement across Experts Implies the Need to Diversify R&D Investment," MITP: Mitigation, Innovation and Transformation Pathways 232924, Fondazione Eni Enrico Mattei (FEEM).
    2. Baker, Erin & Bosetti, Valentina & Anadon, Laura Diaz & Henrion, Max & Aleluia Reis, Lara, 2015. "Future costs of key low-carbon energy technologies: Harmonization and aggregation of energy technology expert elicitation data," Energy Policy, Elsevier, vol. 80(C), pages 219-232.
    3. Erin Baker & Valentina Bosetti & Ahti Salo, 2017. "Finding common ground when experts disagree: Robust portfolio decision analysis," Working Papers 2017/11, Institut d'Economia de Barcelona (IEB).
    4. repec:oup:renvpo:v:12:y:2018:i:1:p:133-153. is not listed on IDEAS
    5. Vassilis Stavrakas & Niki-Artemis Spyridaki & Alexandros Flamos, 2018. "Striving towards the Deployment of Bio-Energy with Carbon Capture and Storage (BECCS): A Review of Research Priorities and Assessment Needs," Sustainability, MDPI, Open Access Journal, vol. 10(7), pages 1-27, June.
    6. Few, Sheridan & Schmidt, Oliver & Offer, Gregory J. & Brandon, Nigel & Nelson, Jenny & Gambhir, Ajay, 2018. "Prospective improvements in cost and cycle life of off-grid lithium-ion battery packs: An analysis informed by expert elicitations," Energy Policy, Elsevier, vol. 114(C), pages 578-590.
    7. Elena Verdolini & Laura Díaz Anadón & Erin Baker & Valentina Bosetti & Lara Aleluia Reis, 2018. "Future Prospects for Energy Technologies: Insights from Expert Elicitations," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 133-153.
    8. Alessandra Cesaro & Vincenzo Belgiorno, 2015. "Combined Biogas and Bioethanol Production: Opportunities and Challenges for Industrial Application," Energies, MDPI, Open Access Journal, vol. 8(8), pages 1-24, August.
    9. Avcıoğlu, A.O. & Dayıoğlu, M.A. & Türker, U., 2019. "Assessment of the energy potential of agricultural biomass residues in Turkey," Renewable Energy, Elsevier, vol. 138(C), pages 610-619.
    10. Laura Diaz Anadon & Erin Baker & Valentina Bosetti & Lara Aleluia Reis, 2016. "Expert views - and disagreements - about the potential of energy technology R&D," Climatic Change, Springer, vol. 136(3), pages 677-691, June.

    More about this item

    Keywords

    Expert elicitation; Research; development and demonstration; Bioenergy;

    JEL classification:

    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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