Stochastic techno-economic analysis of electricity produced from poplar plantations in Indiana
2020
Jeong, Dawoon | Tyner, Wallace E. | Meilan, Richard | Brown, Tristan R. | Doering, Otto C.
This study evaluates the economic and global-warming potential for a 100% biomass direct-fire biopower plant in Indiana using short-rotation coppice poplar (Populus spp.) as a feedstock. The poplar yield and moisture content data were collected from an actual field trial conducted in southern Indiana beginning in 2013. Monte-Carlo simulation was applied to account for uncertainty in three parameters (poplar yield, moisture content, and planting costs).We found that the biopower plant is economically infeasible in Indiana, as the estimated system break-even price (21.5 cents/kWh) is six times higher than the current wholesale electricity price in Indiana. Based on the LCA analysis, we found that this pathway has negative net emissions (−1.14 kg CO₂ eq/kWh), due to carbon sequestration. As a coal-intensive power-generating state, Indiana would require a carbon tax above $93.5/ton CO₂-equivalent to make the biopower plant competitive with other types of power plants (coal and natural gas).This analysis was based on average-quality land. We then conducted a sensitivity analysis using poor- and high-quality land. There are small, statistically significant differences between land types, but likely they are not economically significant because the data we have for the three land rents are subject to high uncertainty, which could not be quantified.
Показать больше [+] Меньше [-]Ключевые слова АГРОВОК
Библиографическая информация
Эту запись предоставил National Agricultural Library