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Regionalized Techno-Economic Assessment and Policy Analysis for Biomass Molded Fuel in China
Xu, Jie1,2; Chang, Shiyan3; Yuan, Zhenhong1; Jiang, Yang1; Liu, Shuna1; Li, Weizhen1; Ma, Longlong1
2015-12-01
Source PublicationENERGIES
Volume8Issue:12Pages:13846-13863
AbstractAs a relatively mature technology, biomass molded fuel (BMF) is widely used in distributed and centralized heating in China and has received considerable government attention. Although many BFM incentive policies have been developed, decreased domestic traditional fuel prices in China have caused BMF to lose its economic viability and new policy recommendations are needed to stimulate this industry. The present study built a regionalized net present value (NPV) model based on real production process simulation to test the impacts of each policy factor. The calculations showed that BMF production costs vary remarkably between regions, with the cost of agricultural briquette fuel (ABF) ranging from 86 US dollar per metric ton (USD/t) to 110 (USD/t), while that of woody pellet fuel (WPF) varies from 122 USD/t to 154 USD/t. The largest part of BMF's cost composition is feedstock, which accounts for up 50%-60% of the total; accordingly a feedstock subsidy is the most effective policy factor, but in consideration of policy implementation, it would be better to use a production subsidy. For ABF, the optimal product subsidy varies from 26 USD/t to 57 USD/t among different regions of China, while for WPF, the range is 36 USD/t to 75 USD/t. Based on the data, a regional BMF development strategy is also proposed in this study.
SubtypeArticle
KeywordBiomass Molded Fuel (Bmf) Pellet Briquette Techno-economic Assessment Policy Analysis
WOS HeadingsScience & Technology ; Technology
DOI10.3390/en81212399
WOS Subject ExtendedEnergy & Fuels
WOS KeywordAGRICULTURAL RESIDUES ; PELLET PRODUCTION ; DENSIFICATION ; OPTIMIZATION ; TORREFACTION ; QUALITY ; ENERGY ; MARKET ; MODEL ; PLANT
Indexed BySCI ; SSCI
Language英语
WOS SubjectEnergy & Fuels
WOS IDWOS:000367531500031
Citation statistics
Document Type期刊论文
Identifierhttp://ir.giec.ac.cn/handle/344007/10954
Collection中国科学院广州能源研究所
Affiliation1.Chinese Acad Sci, Guangzhou Inst Energy Convers, Guangzhou 510640, Guangdong, Peoples R China
2.China Renewable Energy Soc, Beijing 100190, Peoples R China
3.Tsinghua Univ, Inst Energy Environm & Econ, Beijing 100084, Peoples R China
Recommended Citation
GB/T 7714
Xu, Jie,Chang, Shiyan,Yuan, Zhenhong,et al. Regionalized Techno-Economic Assessment and Policy Analysis for Biomass Molded Fuel in China[J]. ENERGIES,2015,8(12):13846-13863.
APA Xu, Jie.,Chang, Shiyan.,Yuan, Zhenhong.,Jiang, Yang.,Liu, Shuna.,...&Ma, Longlong.(2015).Regionalized Techno-Economic Assessment and Policy Analysis for Biomass Molded Fuel in China.ENERGIES,8(12),13846-13863.
MLA Xu, Jie,et al."Regionalized Techno-Economic Assessment and Policy Analysis for Biomass Molded Fuel in China".ENERGIES 8.12(2015):13846-13863.
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