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Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/11636

Title: Economics of electricity and heat production by gasification or flash pyrolysis of short rotation coppice in Flanders (Belgium)
Authors: VOETS, Thomas
Issue Date: 2011
Publisher: Elsevier
Citation: BIOMASS & BIOENERGY, 35(5). p. 1912-1924
Abstract: Short rotation coppice (SRC) seems attractive as an energy crop on degraded land. Gasification and flash pyrolysis are promising technologies for the conversion of SRC into energy or chemicals. A model has been developed to calculate the net present value (NPV) of the cash flows generated by an investment in gasification or flash pyrolysis of SRC for the production of electricity or for combined heat and power production. The NPV has been calculated and compared for (combined heat and) power stations with an electrical capacity (Pe) between 5 MWand 20 MW. Furthermore the minimal amount of heat that has to be sold to make combined heat and power production more profitable than pure electricity production has been determined. By performing Monte Carlo simulations, key variables that influence the NPV have been identified. In the case of small scale SRC conversion, i.e. at an electrical capacity of 5 MWe10 MW, flash pyrolysis is more profitable than gasification. At the smallest scale of 5 MW it is necessary to invest in combined heat and power production, as the sole production of electricity is not profitable at this low scale. At an electrical capacity of 10 MW flash pyrolysis for the sole production of electricity becomes profitable, but gasification for electricity production is still not viable. At this capacity however, the extra investments required in the case of combined heat and power production are already paid back if only 25% of the produced heat can be sold. At a higher capacity of 20 MW, the technology choice becomes unclear taking into account the most uncertain variables, i.e. investment cost parameters and energetic efficiencies.
URI: http://hdl.handle.net/1942/11636
Link to publication: http://www.sciencedirect.com/science/article/pii/S0961953411000353
DOI: 10.1016/j.biombioe.2011.01.034
ISI #: 000290238200037
ISSN: 0961-9534
Category: A1
Type: Journal Contribution
Validation: ecoom, 2012
Appears in Collections: Research publications

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