Title:
Economic Evaluation of Woody Biomass Power Generation under FIT Program in Japan
Author(s):
Yanagida, T., Yoshida, T., Kuboyama, H., Jinkawa, M.
Document(s):
Paper
Poster
Abstract:
Internal Rate of Return (IRR) of woody biomass power generation business with two different feedstock fuel, unutilized forest biomass (UFB) and palm kernel shell (PKS), under Feed-in tariff program was calculated. If the feedstock price is stable over 20 years, the profitability of woody biomass power generation business is better to use the unutilized biomass. In case of fuel price increase year by year, the power generation business with less than 10,000 kW scale plant get drastically worse in profitability.
Keywords:
electricity, financial aspects, forest residues, power generation, wood chips, policies
Topic:
Biomass Policies, Markets and Sustainability
Subtopic:
Markets, Investments & Financing
Event:
23rd European Biomass Conference and Exhibition
Session:
4AV.1.1
Pages:
1460 - 1462
ISBN:
978-88-89407-516
Paper DOI:
10.5071/23rdEUBCE2015-4AV.1.1
Price:
FREE
