IDEAS home Printed from
   My bibliography  Save this paper

Can Wood Pellets Save Coal?


  • Weiland, Brandon
  • Sesmero, Juan Pablo
  • Preckel, Paul
  • Wetzstein, Michael E.


No abstract is available for this item.

Suggested Citation

  • Weiland, Brandon & Sesmero, Juan Pablo & Preckel, Paul & Wetzstein, Michael E., 2018. "Can Wood Pellets Save Coal?," 2018 Annual Meeting, August 5-7, Washington, D.C. 274315, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaea18:274315
    DOI: 10.22004/ag.econ.274315

    Download full text from publisher

    File URL:
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    1. Oscar R. Burt, 1965. "Optimal Replacement under Risk," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(2), pages 324-346.
    2. Anthony H. Chisholm, 1966. "Criteria for Determining the Optimum Replacement Pattern," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 48(1), pages 107-112.
    3. Gregory Ibendahl & Matthew Farrell & Stan Spurlock & Jesse Tack, 2014. "Optimal replacement age of a conventional cotton harvester system," Agricultural Finance Review, Emerald Group Publishing, vol. 74(1), pages 2-16, April.
    4. John W. McClelland & Micheal E. Wetzstein & Richard K. Noles, 1989. "Optimal Replacement Policies for Rejuvenated Assets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(1), pages 147-157.
    5. Basu, Prabir & Butler, James & Leon, Mathias A., 2011. "Biomass co-firing options on the emission reduction and electricity generation costs in coal-fired power plants," Renewable Energy, Elsevier, vol. 36(1), pages 282-288.
    6. Ian M. Dobbs, 2004. "Replacement Investment: Optimal Economic Life Under Uncertainty," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 31(5-6), pages 729-757.
    7. G. Scott Smith & Michael E. Wetzstein, 1992. "A Stochastic Asset Replacement Model for Rejuvenated Assets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 74(2), pages 378-387.
    8. Sekar, Ram C. & Parsons, John E. & Herzog, Howard J. & Jacoby, Henry D., 2007. "Future carbon regulations and current investments in alternative coal-fired power plant technologies," Energy Policy, Elsevier, vol. 35(2), pages 1064-1074, February.
    9. Paul A. Samuelson, 1937. "Some Aspects of the Pure Theory of Capital," The Quarterly Journal of Economics, Oxford University Press, vol. 51(3), pages 469-496.
    10. Robyn McLaughlin & Robert A. Taggart & Jr., 1992. "The Opportunity Cost of Using Excess Capacity," Financial Management, Financial Management Association, vol. 21(2), Summer.
    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. Stutzman, Sarah & Weiland, Brandon & Preckel, Paul & Wetzstein, Michael, 2017. "Optimal replacement policies for an uncertain rejuvenated asset," International Journal of Production Economics, Elsevier, vol. 185(C), pages 21-33.
    2. Reindorp, Matthew J. & Fu, Michael C., 2011. "Capital renewal as a real option," European Journal of Operational Research, Elsevier, vol. 214(1), pages 109-117, October.
    3. Etherington, Dan M., 1977. "A Stochastic Model For The Optimal Replacement Of Rubber Trees," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 21(1), pages 1-19, April.
    4. Crane, Donald R. Jr. & Spreen, Thomas H., 1979. "A Conceptual Model Of The Stubble Replacement Decision For Florida Sugarcane Growers," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 277828, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Shafie, S.M. & Mahlia, T.M.I. & Masjuki, H.H., 2013. "Life cycle assessment of rice straw co-firing with coal power generation in Malaysia," Energy, Elsevier, vol. 57(C), pages 284-294.
    6. Timothy J. Lowe & Paul V. Preckel, 2004. "Decision Technologies for Agribusiness Problems: A Brief Review of Selected Literature and a Call for Research," Manufacturing & Service Operations Management, INFORMS, vol. 6(3), pages 201-208.
    7. Klingelhöfer, Heinz Eckart, 2009. "Investments in EOP-technologies and emissions trading - Results from a linear programming approach and sensitivity analysis," European Journal of Operational Research, Elsevier, vol. 196(1), pages 370-383, July.
    8. Dumortier, Jerome, 2012. "Biomass Cofiring in Coal Power Plants and its Impact on Agriculture in the United States," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124944, Agricultural and Applied Economics Association.
    9. Sonin, Isaac M. & Whitmeyer, Mark, 2020. "Some nontrivial properties of a formula for compound interest," Finance Research Letters, Elsevier, vol. 33(C).
    10. Li, Jun & Brzdekiewicz, Artur & Yang, Weihong & Blasiak, Wlodzimierz, 2012. "Co-firing based on biomass torrefaction in a pulverized coal boiler with aim of 100% fuel switching," Applied Energy, Elsevier, vol. 99(C), pages 344-354.
    11. Francis Chinweuba Eboh & Peter Ahlström & Tobias Richards, 2017. "Exergy Analysis of Solid Fuel-Fired Heat and Power Plants: A Review," Energies, MDPI, Open Access Journal, vol. 10(2), pages 1-29, February.
    12. Adkins, Roger & Paxson, Dean, 2017. "Replacement decisions with multiple stochastic values and depreciation," European Journal of Operational Research, Elsevier, vol. 257(1), pages 174-184.
    13. Magni, Carlo Alberto, 2016. "Capital depreciation and the underdetermination of rate of return: A unifying perspective," Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 54-79.
    14. Nykamp, Stefan & Andor, Mark & Hurink, Johann L., 2012. "‘Standard’ incentive regulation hinders the integration of renewable energy generation," Energy Policy, Elsevier, vol. 47(C), pages 222-237.
    15. Milićević, Aleksandar & Belošević, Srdjan & Crnomarković, Nenad & Tomanović, Ivan & Tucaković, Dragan, 2020. "Mathematical modelling and optimisation of lignite and wheat straw co-combustion in 350 MWe boiler furnace," Applied Energy, Elsevier, vol. 260(C).
    16. M. Trojanowska & P. M. Kort, 2010. "The Worst Case for Real Options," Journal of Optimization Theory and Applications, Springer, vol. 146(3), pages 709-734, September.
    17. Barradale, Merrill Jones, 2014. "Investment under uncertain climate policy: A practitioners׳ perspective on carbon risk," Energy Policy, Elsevier, vol. 69(C), pages 520-535.
    18. Lim, Terence & Lo, Andrew W. & Merton, Robert C. & Scholes, Myron S., 2006. "The Derivatives Sourcebook," Foundations and Trends(R) in Finance, now publishers, vol. 1(5–6), pages 365-572, April.
    19. Ha-Duong, Minh & Nguyen-Trinh, Hoang Anh, 2017. "Two scenarios for carbon capture and storage in Vietnam," Energy Policy, Elsevier, vol. 110(C), pages 559-569.
    20. Dumortier, Jerome, 2013. "Co-firing in coal power plants and its impact on biomass feedstock availability," Energy Policy, Elsevier, vol. 60(C), pages 396-405.

    More about this item


    Natural Resource Economics; Resource and Environmental Policy Analysis; Productivity Analysis and Emerging Technologies;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    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:aaea18:274315. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: .

    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: .

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.