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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, 2013. "The Power of Biomass: Experts Disclose the Potential for Success of Bioenergy Technologies," Climate Change and Sustainable Development 146625, Fondazione Eni Enrico Mattei (FEEM).
    • Handle: RePEc:ags:feemcl:146625
    DOI: 10.22004/ag.econ.146625
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    2. 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).
    3. 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.
    4. Alessandra Cesaro & Vincenzo Belgiorno, 2015. "Combined Biogas and Bioethanol Production: Opportunities and Challenges for Industrial Application," Energies, MDPI, vol. 8(8), pages 1-24, August.
    5. 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.
    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. 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, vol. 10(7), pages 1-27, June.
    8. 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.
    9. Anadon, Laura Diaz & Baker, Erin & Bosetti, Valentina & Reis, Lara Aleluia, "undated". "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).
    10. 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.
    11. Alizadeh, Reza & Lund, Peter D. & Soltanisehat, Leili, 2020. "Outlook on biofuels in future studies: A systematic literature review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 134(C).

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    Keywords

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    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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